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Tuesday, January 15, 2013

Stock Tips And Nifty Tips For 16 Jan 2013


Momentum Calls:
BUY: HINDALCO SL 127 TGT 135.
BUY: FEDERALBNK SL 517 TGT 540.
Turtle Calls:
SELL BIOCON IN RALLY WITH SL ABV 372.50 TGT 320.
(* 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: 6058.15.
Turtle Trend Analysis: Current Hourly Trend: Up, Dynamic Trend SL: 5988.5.
Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above its Signal line 11 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 66.936. 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 47 period(s) ago. The RSI and price are not diverging.
PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 6,097.78 R1: 6,077.97 PIVOT POINT: 6,048.48 S1: 6,028.67 S2: 5,979.37

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