WORLD MARKET UPDATE- 27 JULY 2011WORLD INDEX TECHNICAL ANALYSIS

27/07/11	FTSE 100	Dow Jones	S&P500	Nasdaq 100	Hang Seng	Gold
R3	6,004.56	12,697.8	1,347.43	2,458.36	22,900.7	1,631.9
R2	5,979.62	12,632.3	1,342.27	2,448.72	22,791.2	1,626.9
R1	5,954.67	12,566.8	1,337.10	2,439.09	22,681.6	1,622.0
PIVOT	5,925.13	12,527.9	1,333.35	2,428.80	22,472.1	1,614.7
S1	5,900.18	12,462.4	1,328.18	2,419.17	22,362.5	1,609.8
S2	5,870.64	12,423.5	1,324.43	2,408.88	22,153.0	1,602.5
S3	5,845.69	12,358.0	1,319.26	2,399.25	22,043.4	1,597.6

FTSE 100:

FTSE 100OPENED ABOVE 5,929.73, BUT NOT SUSTAIN AND CAME DOWN UPTO 5,885.12(TARGET 1). IF FTSE BRACK 5,870.64 LEVEL ANDSUSTAIN BELOW THIS LEVEL THEN BEAR RALLY UPTO 5,845.69.

DOW JONES:

DOW JONESIF OPEN ABOVE 12,527.9 AND SUSTAIN THEN TRY TO TOUCH 12,566.8, BUT IF SUSTAIN BELOW 12,527.9THEN PANIC RALLY UP TO 12,462.4-12,538 LEVEL IS NOT RULED OUT.