|
 |
TRW Weekly
Report For June 21ST-25TH,2010
The Bulls did appear after a
Long Bearish rally to close the week on a positive note by
1.73% compared to last weeks loss of
(2.79%).
This current rebound from 25,300
points range range is a 2 months all time Low of 25,600 points.
While this week has certainly
been positive for bulls, the markets remain vulnerable to further
downside.
Some individual stocks are
starting to look much healthier (Platinum, Firstinland & Oceanic)
while others are still pulling back of their resistant levels.
By focusing on only the best
patterns, traders will be able to take advantage of a possible
bottom, or worst case, be able to limit their risk by focusing on
the strongest of stocks. Looking forward, the markets remain
vulnerable despite the progress made this week.
Use TRW STOCKBROKERS STOCKS WATCH LIST FOR MULTIPLE TIME FRAME OF
DAILY, WEEKLY & MONTHLY as your trading guide
Have a Great Trading week.
|
|
INDEX
|
Ticker |
Date |
Previous |
Price |
Weekly |
Yearly |
|
NSE |
18/06/2010 |
25422.79 |
25861.63 |
1.73 |
24.17 |
|
NSE 30 |
18/06/2010 |
1055.21 |
1075.48 |
1.92 |
29.89 |
|
NSE BANKING |
18/06/2010 |
391.56 |
398.88 |
1.87 |
17.55 |
|
NSE F&B |
18/06/2010 |
834.99 |
855.76 |
2.49 |
62.47 |
|
NSE INS |
18/06/2010 |
190.16 |
187.33 |
-1.49 |
-24.77 |
|
NSE O&G |
18/06/2010 |
417.53 |
413.96 |
-0.86 |
43.71 |
|
|
WEEKLY
GAINERS
|
Ticker |
Date |
Previous |
Price |
Weekly |
|
PLATINUM |
18/06/2010 |
1.17
|
1.42
|
21.37 |
|
FIRSTINLND |
18/06/2010 |
0.52
|
0.59
|
13.46 |
|
OCEANIC |
18/06/2010 |
1.61
|
1.79
|
11.18 |
|
ASHAKACEM |
18/06/2010 |
17.48
|
19.20
|
9.84 |
|
CONTINSURE |
18/06/2010 |
1.10
|
1.20
|
9.09 |
|
FCMB |
18/06/2010 |
7.69
|
8.35
|
8.58 |
|
NEM |
18/06/2010 |
0.52
|
0.56
|
7.69 |
|
WAPIC |
18/06/2010 |
0.55
|
0.59
|
7.27 |
|
INTERCONT |
18/06/2010 |
1.46
|
1.56
|
6.85 |
|
ZENITHBANK |
18/06/2010 |
12.86
|
13.70
|
6.53 |
|
UNILEVER |
18/06/2010 |
22.83
|
23.99
|
5.08 |
|
NESTLE |
18/06/2010 |
350.00
|
367.50
|
5.00 |
|
PRESTIGE |
18/06/2010 |
3.45
|
3.62
|
4.93 |
|
DANGSUGAR |
18/06/2010 |
18.98
|
19.90
|
4.85 |
|
CADBURY |
18/06/2010 |
27.44
|
28.77
|
4.85 |
|
JAPAULOIL |
18/06/2010 |
1.70
|
1.78
|
4.71 |
|
UBN |
18/06/2010 |
5.23
|
5.46
|
4.40 |
|
UNHOMES |
18/06/2010 |
0.71
|
0.74
|
4.23 |
|
BCC |
18/06/2010 |
64.00
|
66.05
|
3.20 |
|
GUINNESS |
18/06/2010 |
155.00
|
159.60
|
2.97 |
|
REDSTAREX |
18/06/2010 |
3.75
|
3.84
|
2.40 |
|
DANGFLOUR |
18/06/2010 |
21.00
|
21.50
|
2.38 |
|
JBERGER |
18/06/2010 |
53.75
|
55.00
|
2.33 |
|
STERLNBANK |
18/06/2010 |
1.86
|
1.90
|
2.15 |
|
FIRSTBANK |
18/06/2010 |
13.70
|
13.99
|
2.12 |
|
NB |
18/06/2010 |
62.50
|
63.50
|
1.60 |
|
PZ |
18/06/2010 |
31.00
|
31.49
|
1.58 |
|
ETI |
18/06/2010 |
16.49
|
16.71
|
1.33 |
|
COSTAIN |
18/06/2010 |
7.89
|
7.99
|
1.27 |
|
UBA |
18/06/2010 |
11.18
|
11.27
|
0.81 |
|
FIDELITYBK |
18/06/2010 |
2.70
|
2.72
|
0.74 |
|
WAPCO |
18/06/2010 |
40.25
|
40.50
|
0.62 |
|
SKYEBANK |
18/06/2010 |
8.15
|
8.17
|
0.25 |
|
WEEKLY LOSERS
|
Ticker |
Date |
Previous |
Price |
Weekly |
|
MAYBAKER |
18/06/2010 |
8.03 |
6.30 |
-21.54 |
|
CRUSADER |
18/06/2010 |
0.90 |
0.72 |
-20.00 |
|
NBC |
18/06/2010 |
33.80 |
30.5 |
-9.76 |
|
NIGERINS |
18/06/2010 |
1.13 |
1.03 |
-8.85 |
|
AFRIBANK |
18/06/2010 |
2.09 |
1.95 |
-6.70 |
|
WEMABANK |
18/06/2010 |
1.13 |
1.06 |
-6.19 |
|
CUSTODYINS |
18/06/2010 |
3.72 |
3.51 |
-5.65 |
|
STARCOMMS |
18/06/2010 |
2.48 |
2.35 |
-5.24 |
|
BAGCO |
18/06/2010 |
2.88 |
2.73 |
-5.21 |
|
DIAMONDBNK |
18/06/2010 |
7.98 |
7.62 |
-4.51 |
|
CORNERST |
18/06/2010 |
0.72 |
0.69 |
-4.17 |
|
CILEASING |
18/06/2010 |
2.99 |
2.88 |
-3.68 |
|
FTNCOCOA |
18/06/2010 |
0.82 |
0.79 |
-3.66 |
|
FLOURMILL |
18/06/2010 |
71.99 |
69.98 |
-2.79 |
|
CCNN |
18/06/2010 |
19.19 |
18.68 |
-2.66 |
|
OANDO |
18/06/2010 |
79.69 |
78.00 |
-2.12 |
|
NAHCO |
18/06/2010 |
11.20 |
11.00 |
-1.79 |
|
CHAMS |
18/06/2010 |
0.56 |
0.55 |
-1.79 |
|
AIICO |
18/06/2010 |
1.26 |
1.24 |
-1.59 |
|
UACN |
18/06/2010 |
41.50 |
41.00 |
-1.20 |
|
NASCON |
18/06/2010 |
8.00 |
7.91 |
-1.13 |
|
ECOBANK |
18/06/2010 |
5.05 |
5.00 |
-0.99 |
|
GUARANTY |
18/06/2010 |
16.90 |
16.75 |
-0.89 |
|
IBTC |
18/06/2010 |
9.55 |
9.50 |
-0.52 |
|
ACCESS |
18/06/2010 |
8.40 |
8.36 |
-0.48 |
|
UAC-PROP |
18/06/2010 |
21.00 |
20.90 |
-0.48 |
|
UPL |
18/06/2010 |
6.04 |
6.03 |
-0.17 |
|
|
For 18/06/2010 the
closing price was 25,861.63.(NSE INDEX)
Overall, the bias in prices is: Sideways
Short term: Prices are stalling
Intermediate term: Prices are Trending
The projected upper bound is: 26,783.15.
The projected lower bound is: 24,905.91.
The projected closing price is: 25,844.53.
Note: these price projections are for reference only, and can be
easily exceeded by the market. market.
 |
For 18/06/2010 the
closing price was 1,075.21(NSE30)
Overall, the bias in prices is: Upwards.
Short term: Prices are STALLING.
Intermediate term: Prices are Ranging.
The projected upper bound is: 1,115.35
The projected lower bound is: 1,035.69.
The projected closing price is: 1,075.52
Note: these price projections are for reference only, and can be
easily exceeded by the market.
 |
|
For 18/06/2010 the
closing price was 398.88.(NSE BANKING)
Overall, the bias in prices is: Downwards.
Short term: Prices are Trending
Intermediate term: Prices are Trending.
Note: this chart shows extraordinary price action to the downside.
The projected upper bound is: 419.59.
The projected lower bound is: 376.08.
The projected closing price is: 397.84
Note: these price projections are for reference only, and can be
easily exceeded by the market. .
 |
For 18/06/2010 the
closing price was 855.76.(NSE FOOD, BEV.&
TOBACCO)
Overall, the bias in prices is: Upwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
The projected upper bound is: 894.74.
The projected lower bound is: 820.54.
The projected closing price is: 857.64
Note: these price projections are for reference only, and can be
easily exceeded by the market.
 |
|
For 18/06/2010 the
closing price was 187.33.(NSE INSURANCE)
Overall, the bias in prices is: Downwards.
Short term: Prices are moving.
Intermediate term: Prices are Trending
The projected upper bound is: 194.10.
The projected lower bound is: 179.71.
The projected closing price is: 186.90.
Note: these price projections are for reference only, and can be
easily exceeded by the market.
 |
For 18/06/2010 the
closing price was 413.76.(NSE OIL & GAS)
Overall, the bias in prices is: Upwards.
Short term: Prices are Stalling
Intermediate term: Prices are trending.
The projected upper bound is: 436.76
The projected lower bound is: 395.31.
The projected closing price is: 416.04.
Note: these price projections are for reference only, and can be
easily exceeded by the market.
 |
|
BELOW ARE TRW
STOCKBROKERS STOCKS WATCH LIST FOR MULTIPLE TIME FRAME OF DAILY,
WEEKLY & MONTHLY
SHORT TREND TRADERS TO USE MA 5
MEDIUM TREND TRADERS TO USE MA-50
LONG TERM TRADERS TO USE MA-100
MA (MOVING AVERAGE)
|
TICKER |
DATE |
MA-100 |
MA-50 |
MA-5 |
Overall Trend |
Trend Phase |
Comments |
|
ACCESS |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
AFRIBANK |
18/06/2010 |
- |
- |
- |
Down Trend |
Initial |
Watch Trend? |
|
AIICO |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
AP |
18/06/2010 |
+ |
- |
|
No Trend |
Initial |
live to trade another day |
|
ASHAKACEM |
18/06/2010 |
+ |
- |
+ + |
No Trend |
Initial |
trading range-avoid |
|
ASOSAVINGS |
18/06/2010 |
- |
- |
|
Down Trend |
Initial |
Watch Trend? |
|
BAGCO |
18/06/2010 |
+ |
- |
- |
No Trend |
Progress |
live to trade another day |
|
BCC |
18/06/2010 |
+ |
+ |
+ + |
Up Trend |
Progress |
Stay with Trend |
|
BIGTREAT |
18/06/2010 |
- |
- |
|
Down Trend |
Initial |
Watch Trend? |
|
CADBURY |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Progress |
Stay with Trend |
|
CCNN |
18/06/2010 |
+ |
- |
- |
No Trend |
Progress |
live to trade another day |
|
CHAMS |
18/06/2010 |
- |
- |
- |
Down Trend |
Initial |
Watch Trend? |
|
CILEASING |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
CONOIL |
18/06/2010 |
+ |
+ |
|
No Trend |
Initial |
Risk for short term reversal |
|
CONTINSURE |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Initial |
Stay with Trend |
|
CORNERST |
18/06/2010 |
+ |
+ |
- |
No Trend |
Initial |
Risk for short term reversal |
|
COSTAIN |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Initial |
Stay with Trend |
|
CRUSADER |
18/06/2010 |
- |
- |
- |
Down Trend |
Initial |
Watch Trend? |
|
CUSTODYINS |
18/06/2010 |
+ |
- |
- |
No Trend |
Progress |
live to trade another day |
|
DANGFLOUR |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Progress |
Stay with Trend |
|
DANGSUGAR |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Initial |
Stay with Trend |
|
DIAMONDBNK |
18/06/2010 |
- |
- |
- |
Down Trend |
Initial |
Watch Trend? |
|
ECOBANK |
18/06/2010 |
- |
- |
- |
Down Trend |
Progress |
Watch Trend? |
|
ETI |
18/06/2010 |
+ |
- |
+ |
No Trend |
Initial |
trading range-avoid |
|
FCMB |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
FIDELITYBK |
18/06/2010 |
+ |
- |
+ |
No Trend |
Initial |
trading range-avoid |
|
FIRSTBANK |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
FIRSTINLND |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
FLOURMILL |
18/06/2010 |
+ + |
+ |
- - |
No Trend |
Progress |
Risk for short term reversal |
|
FTNCOCOA |
18/06/2010 |
+ |
- |
- |
No Trend |
Progress |
live to trade another day |
|
GUARANTY |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
GUINEAINS |
18/06/2010 |
|
|
|
Down Trend |
Initial |
Watch Trend? |
|
GUINNESS |
18/06/2010 |
+ + |
+ + |
+ + + |
Strong Up Trend |
Initial |
Stay with Trend |
|
HMARKINS |
18/06/2010 |
|
|
|
Down Trend |
Initial |
Watch Trend? |
|
IBTC |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
INTENEGINS |
18/06/2010 |
- |
- |
|
Down Trend |
Initial |
Watch Trend? |
|
INTERCONT |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
JAPAULOIL |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Initial |
Stay with Trend |
|
JBERGER |
18/06/2010 |
+ |
+ + |
+ |
Up Trend |
Initial |
Stay with Trend |
|
LASACO |
18/06/2010 |
- |
|
|
Down Trend |
Initial |
Watch Trend? |
|
MAYBAKER |
18/06/2010 |
+ |
+ |
- - |
No Trend |
Initial |
Risk for short term reversal |
|
MBENEFIT |
18/06/2010 |
- |
- |
|
Down Trend |
Initial |
Watch Trend? |
|
MULTIVERSE |
18/06/2010 |
|
|
|
Down Trend |
Initial |
Watch Trend? |
|
NAHCO |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
NASCON |
18/06/2010 |
+ |
- |
- |
No Trend |
Progress |
live to trade another day |
|
NB |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Initial |
Stay with Trend |
|
NBC |
18/06/2010 |
+ |
- |
- - - |
No Trend |
Progress |
live to trade another day |
|
NEIMETH |
18/06/2010 |
+ |
+ |
|
No Trend |
Initial |
Risk for short term reversal |
|
NEM |
18/06/2010 |
+ |
- |
+ |
No Trend |
Initial |
trading range-avoid |
|
NESTLE |
18/06/2010 |
+ + + |
+ + + |
+ + + |
Strong Up Trend |
Progress |
Stay with Trend |
|
NIGERINS |
18/06/2010 |
+ |
+ |
- |
No Trend |
Initial |
Risk for short term reversal |
|
OANDO |
18/06/2010 |
- |
- |
- - |
Down Trend |
Initial |
Watch Trend? |
|
OCEANIC |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
PLATINUM |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
PRESTIGE |
18/06/2010 |
- |
+ |
+ |
No Trend |
Initial |
live to trade another day |
|
PZ |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Progress |
Stay with Trend |
|
REDSTAREX |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Initial |
Stay with Trend |
|
REGALINS |
17/06/2010 |
|
|
|
Down Trend |
Initial |
Watch Trend? |
|
SKYEBANK |
18/06/2010 |
+ |
- |
+ |
No Trend |
Progress |
trading range-avoid |
|
SOVRENINS |
18/06/2010 |
|
|
|
Down Trend |
Initial |
Watch Trend? |
|
STARCOMMS |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
STDINSURE |
18/06/2010 |
- |
|
|
Down Trend |
Initial |
Watch Trend? |
|
STERLNBANK |
18/06/2010 |
+ |
- |
+ |
No Trend |
Initial |
trading range-avoid |
|
TANTALIZER |
18/06/2010 |
+ |
- |
|
No Trend |
Initial |
live to trade another day |
|
UAC-PROP |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
UACN |
18/06/2010 |
+ |
- |
- |
No Trend |
Progress |
live to trade another day |
|
UBA |
18/06/2010 |
+ |
- |
+ |
No Trend |
Initial |
trading range-avoid |
|
UBN |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
UNHOMES |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
UNIC |
18/06/2010 |
- |
- |
|
Down Trend |
Initial |
Watch Trend? |
|
UNILEVER |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
UNITYBNK |
18/06/2010 |
+ |
+ |
|
No Trend |
Initial |
Risk for short term reversal |
|
UPL |
18/06/2010 |
+ |
- |
- |
No Trend |
Initial |
live to trade another day |
|
VITAFOAM |
18/06/2010 |
+ |
+ |
|
No Trend |
Initial |
Risk for short term reversal |
|
WAPCO |
18/06/2010 |
+ |
+ |
+ |
Up Trend |
Initial |
Stay with Trend |
|
WAPIC |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
WEMABANK |
18/06/2010 |
- |
+ |
- |
No Trend |
Initial |
trading range-avoid |
|
ZENITHBANK |
18/06/2010 |
- |
- |
+ |
No Trend |
Initial |
Risk for short term reversal |
|
This commentary is not
a recommendation to buy or sell, but rather a guideline to
interpreting the specified indicators. This information should only
be used by investors who are aware of the risk inherent in
securities trading. TRW accepts no liability whatsoever for any loss arising from any use of this expert or its contents.
|
|
INVEST
FOR A GOLDEN TOMORROW
Corporate Office:
62/64 Campbell Street (Kajola House) 4th & 5th Floor Lagos Island
Lagos .
234-1-7646689,234-1-2710224
Enquiries:
info@trw-stockbrokers.com website:
www.trw-stockbrokers.com
|