WORLD MARKET UPDATE- 14 JULY 2011WORLD INDEX TECHNICAL ANALYSIS

14/7/11	FTSE 100	Dow Jones	S&P500	Nasdaq 100	Hang Seng	Nikkei
R3	5,971.04	12,774.7	1,348.51	2,408.88	22,152.6	10,072.01
R2	5,949.50	12,680.3	1,338.25	2,390.06	22,077.4	10,035.72
R1	5,927.97	12,586.0	1,327.98	2,371.25	22,002.1	9,999.43
PIVOT	5,889.46	12,516.6	1,321.22	2,358.52	21,860.5	9,943.38
S1	5,867.93	12,422.3	1,310.95	2,339.71	21,785.2	9,907.09
S2	5,829.42	12,352.9	1,304.19	2,326.98	21,643.6	9,851.04
S3	5,807.89	12,258.6	1,293.92	2,308.17	21,568.3	9,814.75

• FTSE-100

FTSE HAS GOOD SUPPORT LEVEL AT 5867.93 LEVEL,TODAY ABOVE 5889.46 MAXIMUM RALLY UPTO5927.97.BUT IF FTSE BREAK 5867.93ANDSUSTAIN BELOW THEN PANIC FALL UPTO 5829.42.

• DOW JONES

DOW JONES HAS GOOD SUPPORT LEVEL AT12422.30, TODAY ABOVE 12516.60 RALLY UPTO 12586 LEVEL.BUT IF DOWJONES BREAK12422.30 AND SUSTAIN BELOW THEN PANIC FALL UPTO 12352.90LEVEL.

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