Stock Tips And Nifty Tips For 31 Jan 2013

Momentum Calls:
BUY: TREEHOUSE SL 260 TGT 280.
SELL: APARINDS SL 141 TGT 120.

Turtle Calls:
BUY CCL IN DIPS WITH SL BLW 301 TGT 348.
(* 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: 6056.95.

Turtle Trend Analysis: Current Hourly Trend: Neutral, Trend Up Above: 6111.8, Trend Down Below: 6044.25.

Currently the Hourly MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 7 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 47.782. 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 sell124 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 6,085.02 R1: 6,070.98 PIVOT POINT: 6,057.62 S1: 6,043.58 S2: 6,016.18