STIXi values for 15-MAY-2008
- Open: 1109.2
- High: 1137.93
- Low : 1090.02
- Close : 1119.22
- Prev. Close: 1100.47
STIXi Returns since 01-APR-2008 : 11.92%
Nifty Returns since 01-APR-2008 : 7.93%
CNX 500 Returns since 01-APR-2008 : 8.95%
CNX 100 Returns since 01-APR-2008 : 8.60%
SENSEX Returns since 01-APR-2008 : 11.05%
STIXi
- 5Day EMA 1106.23
- 9Day EMA 1106.63
- 12Day EMA 1104.78
- 20Day EMA 1090.89
- RSI @ 64.77
- ROC @ -0.49
STIXi's share of volume of NSE EQ universe of stocks has gone up sharply by about 2.5% over the previous day while that of turnover is up by 3.25% and they are at their peak today at 56.96% and 71.28% respectively.
STIXi volume and turnover for the day are more sharply up by 3.5% and 13% respectively over previous 5 day averages.
ROC though is still in negative-to-neutral territory.
The previously indicated probable Head-and-Shoulder pattern on most indices over the past three weeks stands negated with this sharp break-out accompanied by jump in STIXi volumes. Short term trend is up for the broader market, with NIFTY likely to aim for 61.8% retracement of its recent fall - though action may be restricted to front-line or quality stocks, unless fundamental cues such as Inflation Number (due out today) and Crude prices etc spring a surprise.
Cheers
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