Sunday, May 11, 2008

STIXi values for 09MAY2008 and market review

STIXi values for 09-MAY-2008

  • Open: 1111.81
  • High: 1135.88
  • Low : 1076.17
  • Close : 1091.48
  • Prev. Close: 1119.36

STIXi Returns since 01-APR-2008 : 9.14%
Nifty Returns since 01-APR-2008 : 5.13%
CNX 500 Returns since 01-APR-2008 : 6.46%
CNX 100 Returns since 01-APR-2008 : 5.75%
SENSEX Returns since 01-APR-2008 : 7.11%

For the day, all front-line indices corrected sharply and the recently overheated indices such as Nifty Junior, CNXMidcap50 falling more than the other indices.

STIXi

  • 5Day EMA 1113.91
  • 9Day EMA 1113.45
  • 12Day EMA 1108.24
  • 20Day EMA 1086.28
  • RSI @ 56.94
  • ROC @ -1.05

Today's sharp fall has been accompanied by a 3.75% volume increase on STIXi with turnover down by 2.52%. However, STIXi's share of volume and turnover of NSE EQ universe of stocks have both gone up by nearly 2% over the previous day and stand at 51.33% and 64.59% respectively.

ROC has crossed over to the negative zone. Broader market still indicating a SELL.

Caution adviced in near term.

Cheers

No comments: