Wednesday 21 September 2011

GLOBAL STOCKS:PUNTER TIPS :TECHNICAL ANALYSIS


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CHART INDICATE : INTRA DAY SIGNAL
BULLISH
BULLISH
TRADING LEVELS
INTRA DAY LEVELS
Apple Inc. (AAPL) $
Randgold Resources Limited (RRS.LS) £
BULL RALLY
2nd Resistance Point
427.5
7401.7
SELL
1st Resistance Point
420.5
7308.3
Last Price   
Last Price   
413.5
7215.0
BUY
1st Support Level
408.8
7043.3
BEAR RALLY
2nd Support Level
404.2
6871.7
WORLD NEWS UPDATE:
                      “Lloyd’s of London sinks to $1 bn loss”:Lloyd’s said itremained financially strong enough to cope with a potential further spate ofbig claims, with capital reserves of £2.47 billion at the end of June, up 10%from a year earlier
                      “European shares fall ahead of Fed meeting outcome”:The Fed is likely topush long-term borrowing costs lower by rebalancing its $2.8 trillion portfolioof bond holdings to weight more heavily to longer-term securities, in a bid toencourage mortgage refinancing without stoking a run-up in consumer prices.

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