Call for 28th May09

Both DJI & FTSE are in a range for last 10 days. These indices are moving around the 8 day Moving Average. So We will consider this important level for Long and Short positions.
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Dow has 8 Days Moving Average = 8377
If DJI breaks 8377 Go Short or if DJI sustain above 8350 Go Long
Short DJI @ 8300 SL1=8350 SL2 = 8479
Buy DJI abvove 8350 SL1=8350 SL2= 8234
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Dow has 8 Days Moving Average = 4411
Buy FTSE @ 4416 SL1=4398 SL2=4340
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Nikkei and Hang Seng are strongly bullish.
Buy Nikkei @9488 SL1=9425 SL2=9382
Buy Hang Seng @ 17885 SL1=17511 SL2 = 17333