Dow
Jones Industrial Average - this NYSE index has plunged after
hitting a 3 1/2 year high. The 10480 levels will be a short term support
and the 10745 a short term resistance.
Your
call of action - Since Indian investors are not
allowed to trade freely in overseas markets, this is a
pure academic study.
Nasdaq
- this technology index has shown a similar chart pattern as the NYSE and
is likely to test the 1980 levels in a weak market scenario and upsides be
limited to the 2060 levels.
Your
call of action - Since Indian investors are not
allowed to trade freely in overseas markets, this is a pure academic study.
FTSE
- this UK index has shown a higher relative strength as compared to the US
markets and is likely to correct lower to the 4830 - 4850. Upsides will be
capped at the 5080 in the coming week
Your
call of action - Since Indian investors
are not allowed to trade freely in overseas
markets, this is a pure academic study.