Momentum Calls:
BUY: IFCI SL 32 TGT 36.
BUY: JINDALSTEL SL 459 TGT 470.
BUY: IFCI SL 32 TGT 36.
BUY: JINDALSTEL SL 459 TGT 470.
Turtle Calls:
BUY ORIENTBANK IN DIPS WITH SL BLW 317 TGT 370.
(* 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.)
BUY ORIENTBANK IN DIPS WITH SL BLW 317 TGT 370.
(* 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: 5950.55.
Turtle Trend Analysis: Current Daily Trend: Neutral, Trend Up Above: 5965.05, Trend Down Below: 5823.6.
Currently the Daily MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 9 period(s) ago. The Daily 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 Daily RSI is 61.515. The Daily 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 15 period(s) ago. The security price has set a new 14 Daily high while the RSI has not. This is a bearish Divergence.
PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 5,978.52 R1: 5,964.53 PIVOT POINT: 5,949.92 S1: 5,935.93 S2: 5,907.33
R2: 5,978.52 R1: 5,964.53 PIVOT POINT: 5,949.92 S1: 5,935.93 S2: 5,907.33
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