Stock Tips And Nifty Tips For 11 Dec 2012

Momentum Calls:
Buy: SARLAPOLY ABV 176 SL BLW 173 TGT 180.
Sell: ROLTA BLW 63 SL ABV 64 TGT 62.

Turtle Calls:
BUY GLENMARK IN DIPS WITH SL BLW 421 TGT 460.
(* 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: 5905.

Turtle Trend Analysis: Current Hourly Trend: Neutral, Trend Up Above: 5949.8, Trend Down Below: 5838.95.

Currently the Hourly MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 8 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 54.851. 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 sell 22 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 5,936.13 R1: 5,920.57 PIVOT POINT: 5,904.38 S1: 5,888.82 S2: 5,857.07