19-7-10 TO 26-7-10

WEEKLY CHARTS OF DOW JONES AND NASDAQ 

 

DOW JONES LEVELS

DOW JONES COULD NOT CROSS GIVEN RESISTANCE LEVEL AND AS SHOWN IS CHART, IT RETURNED AND AGAIN BROKE 100/200 DMA WITH HUGE VOLUME. SO 10400 AROUND LEVEL IS DIFFICULT TO CROSS FOR IT. SUPPORTS ARE AT 9898/9600/6420

 

 

 

NASDAQ LEVELS

 

NASDAQ RETURNED FROM 100/200 DMA RESISTANCE LEVEL AS SHOWN IN THE CHART. SUPPORTS ARE AT 2121/2050/1980