Monday, April 28, 2008

STIXi values for 28-APR-2008 and Market Analysis

STIXi values for 28-APR-2008
  • Open: 1108.31
  • High: 1138.67
  • Low : 1084.44
  • Close : 1109.74
  • Prev. Close: 1104.43
STIXi Returns since 01-APR-2008 : 10.97%
Nifty Returns since 01-APR-2008 : 7.39%
CNX 500 Returns since 01-APR-2008 : 8.89%
CNX 100 Returns since 01-APR-2008 : 8.28%
Sensex Returns since 01-APR-2008 : 8.89%


STIXi
  • 5Day EMA 1098.47
  • 9Day EMA 1083.73
  • RSI is @ 91.31
STIXi scrips combined Volumes has gone down for the day by nearly 20% over previous five day average volume while turnover has fallen by 9%. STIXi continues to go up with falling volumes and RSI is at alarming levels. Broader market likely to correct in near term.

Cheers

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