Stock Tips And Nifty Tips For 01 Jan 2013

Momentum Calls:

BUY: PHILIPCARB SL 91 TGT 96.

BUY: DLF SL 225 TGT 240.

Buy ULTRACEMCO above 2011 stoploss 1991 Target 2027

Short below 1954 stoploss 1973 Target 1939

Turtle Calls:
BUY INNOIND IN DIPS WITH SL BLW 124 TGT 135.
(* 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: 5898.95.

Turtle Trend Analysis: Current Hourly Trend: Neutral, Trend Up Above: 5930.15, Trend Down Below: 5864.75.

Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above its Signal line 7 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 54.425. 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 sell120 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 5,924.52 R1: 5,911.73 PIVOT POINT: 5,904.57 S1: 5,891.78 S2: 5,871.83