Friday, April 29, 2011

JNSAR for Stocks - 02nd May.11


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BN, drifting down, will continue to slide if fails to move past 11735 & 11810.


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Thursday, April 28, 2011

JNSAR for Stocks - 29th Apr.11


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BN, holding above 11735, will have positive bias.


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Wednesday, April 27, 2011

JNSAR for Stocks - 28th Apr.11


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BN continues to be in a consolidating range.

While the consolidation continues, there is a negative divergence developing in the daily macd chart. Firm breakout and sustaining above the pivot is required for bulls.
Closing below most High emas is a concern. It should get resolved today.
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Tuesday, April 26, 2011

JNSAR for Stocks for 27th April 2011


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BN, reacting from expanding triangle top, would turn weak below 11720.


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Monday, April 25, 2011

JNSAR for Stocks - 26th Apr.11

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BN, uptrending, has its break-out point above 11980-12000.


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