Tuesday, May 20, 2008

STIXi values for 20-MAY-2008 and market review

For 20-MAY-2008

  • Open: 1129.41
  • High: 1156.91
  • Low : 1105.47
  • Close : 1130.29
  • Prev. Close: 1132.89

STIXi Returns since 01-APR-2008 : 13.02%
Nifty Returns since 01-APR-2008 : 7.71%
CNX 500 Returns since 01-APR-2008 : 8.84%
CNX 100 Returns since 01-APR-2008 : 8.37%
SENSEX Returns since 01-APR-2008 : 10.26%

STIXi

  • 5Day EMA 1120.17
  • 9Day EMA 1115.57
  • 12Day EMA 1112.37
  • 20Day EMA 1098.26
  • RSI @ 66.77
  • ROC @ -0.82

For the day all indices ended negative, including STIXi. However STIXi's fall was confined to 0.23% over previous day whereas most of the other indices had fallen by close to 1%.

STIXi's share of volume of NSE EQ universe of stocks moved up marginally to 55.73% from 55.11% while the share of turnover shot up sharply to 70.95% from 67.72% the previous day.

Compared to five-day averages, STIXi volume fell by 1.19% while turnover was up by 6.15%.

ROC has again turned negative and Stochastics (5,3) has given a "SELL". With global cues being not so great at the moment, further downward momentum is expected in the near term.

Cheers

No comments: