Stock Tips And Nifty Tips For 28 Dec 2012

Momentum Calls:
BUY: TECHM SL 909 TGT 945.
SELL: HCLTECH SL 635 TGT 610.

Turtle Calls:
SELL POLARIS IN RALLY WITH SL ABV 118 TGT 108.
(* 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: 5877.3.

Turtle Trend Analysis: Current Hourly Trend: Neutral, Trend Up Above: 5920.25, Trend Down Below: 5844.9.

Currently the Hourly MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 0 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 42.360. 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 sell106 period(s) ago. The RSI has set a new 14 Hourly low while the security price has not. This is a bearish Divergence.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 5,942.93 R1: 5,910.12 PIVOT POINT: 5,887.43 S1: 5,854.62 S2: 5,799.12