ADD

Sunday, September 9, 2012

Stock Tips And Nifty Tips For 10 Sep 2012


BUY CHOLAFIN IN DIPS WITH SL BLW 190 TGT 240.
(* Turtle calls are for a duration of 1-2 weeks period and are generated as per mechanical systems. Stop-loss is an essential risk control mechanism and it should always be there. If you find the stock opened much higher wait for a dip to enter, and only enter when the risk-reward ratio is favorable to you, we also recommend time to time profit booking and stop loss trailing.)

Nifty’s fully automated technical trend analysis:

NIFTY last traded price: 5342.1.
Turtle Trend Analysis: Current Hourly Trend: Up, Dynamic Trend SL: 5219.6.
Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above its Signal line 9 period(s) ago. The Hourly MACD is NOT in an Overbought/Oversold range. There have been no divergence signals within the last 5 period(s).
The current value for the 14 Hourly RSI is 70.725. The Hourly RSI is above 70. This is where it usually tops. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought / oversold area. The last Signal was a buy 42 period(s) ago. The RSI and price are not diverging.
PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 5,370.17 R1: 5,356.13 PIVOT POINT: 5,333.07 S1: 5,319.03 S2: 5,281.93

Bank Nifty’s fully automated technical trend analysis:

BANKNIFTY last traded price: 10117.
Turtle Trend Analysis: Current Hourly Trend: Up, Dynamic Trend SL: 9861.05.
Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above its Signal line 9 period(s) ago. The Hourly MACD is NOT in an Overbought/Oversold range. There have been no divergence signals within the last 5 period(s).
The current value for the 14 Hourly RSI is 69.065. The Hourly RSI is not currently in a topping (above 70) or bottoming (below 30) range. A buy or sell signal is generated when the RSI moves out of an overbought / oversold area. The last Signal was a buy 13 period(s) ago. The RSI and price are not diverging.
PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 10,193.02 R1: 10,154.98 PIVOT POINT: 10,095.72 S1: 10,057.68 S2: 9,960.38

CNX-IT’s fully automated technical trend analysis:

CNX-IT last traded price: 6349.55.
Turtle Trend Analysis: Current Hourly Trend: Up, Dynamic Trend SL: 6202.
Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above its Signal line 21 period(s) ago. The Hourly MACD is NOT in an Overbought/Oversold range. There have been no divergence signals within the last 5 period(s).
The current value for the 14 Hourly RSI is 80.547. The Hourly RSI is above 70. This is where it usually tops. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought / oversold area. The last Signal was a sell 76 period(s) ago. The security price has set a new 14 Hourly high while the RSI has not. This is a bearish Divergence.
PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 6,378.55 R1: 6,364.05 PIVOT POINT: 6,336.80 S1: 6,322.30 S2: 6,280.55

1 comment: