STIXi values for 30-APR-2008 and Market Review

STIXi values for 30-APR-2008

• Open: 1128.19
• High: 1158.87
• Low : 1104.44
• Close : 1126.31
• Prev. Close: 1124.78

STIXi Returns since 01-APR-2008 : 12.63%
Nifty Returns since 01-APR-2008 : 9.00%
CNX 500 Returns since 01-APR-2008 : 10.6%
CNX 100 Returns since 01-APR-2008 : 9.97%
Sensex Returns since 01-APR-2008 : 11.21%

• STIXi
  - 5Day EMA 1107.24
• - 9Day EMA 1091.94
• - 12Day EMA 1087.68
• - 20Day EMA 1056.91
• - RSI is @ 82.72

STIXi scrips combined Volumes was static compared to previous five day average volume while turnover has risen by 7.6%.

While upward move may continue on the frontline index stocks, caution is advised in near term, as STIXi RSI continues to indicate a SELL on the broader market.

Cheers

PS:
The RSI of past 5 days stands corrected as follows:
23-Apr : 83.70
24-Apr : 77.96
25-Apr : 79.68
28-Apr : 80.47
29-Apr : 82.53
Copy-paste can be harmful. Sadly, Microsoft thinks otherwise :-)