ADD

Tuesday, December 18, 2012

Stock Tips And Nifty Tips For 19 Dec 2012


Momentum Calls:
Buy: TATASTEEL ABV 416 SL BLW 410 TGT 426.
Sell: GSFC NEAR 68.50 SL ABV 70 TGT 67.
Turtle Calls:
BUY ULTRATECH IN DIPS WITH SL BLW 1922 TGT 2100.
(* 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 NIFTY last traded price: 5894.75.
Turtle Trend Analysis: Current Hourly Trend: Up, Dynamic Trend SL: 5823.15.
Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above its Signal line 16 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 58.026. 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 77 period(s) ago. The RSI and price are not diverging.
PIVOT TRADING LEVELS FOR NIFTY FOR NEXT SESSION:
R2: 5,957.22 R1: 5,925.98 PIVOT POINT: 5,874.57 S1: 5,843.33 S2: 5,760.68

No comments:

Post a Comment