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Monday, December 17, 2012

Stock Tips And Nifty Tips For 18 Dec 2012


Momentum Calls:
Buy: VAKRANSOFT ABV 60 SL BLW 58.50 TGT 66.
Sell: EIDPARRY BLW 219 SL ABV 224 TGT 215.
Turtle Calls:
BUY YESBANK IN DIPS WITH SL BLW 446 TGT 480.
(* 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: 5855.15.
Turtle Trend Analysis: Current Hourly Trend: Down, Dynamic Trend SL: 5886.05.
Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above 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 43.789. 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 69 period(s) ago. The RSI and price are not diverging.
PIVOT TRADING LEVELS FOR NIFTY FOR NEXT SESSION:
R2: 5,899.68 R1: 5,877.42 PIVOT POINT: 5,863.78 S1: 5,841.52 S2: 5,805.62

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