Stock Tips And Nifty Tips For 24 Jan 2013

Momentum Calls:
SELL: VSTTILLERS SL 395 TGT 380.
SELL: CEBBCO SL 86.50 TGT 80.

Turtle Calls:
BUY ZEEL IN DIPS WITH SL BLW 221 TGT 240.
(* 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: 6062.25.

Turtle Trend Analysis: Current Hourly Trend: Down, Dynamic Trend SL: 6091.35.

Currently the Hourly MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 9 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 48.729. 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 89 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 6,099.38 R1: 6,080.82 PIVOT POINT: 6,051.08 S1: 6,032.52 S2: 5,984.22