Stock Tips And Nifty Tips For 12 Feb 2013

Momentum Calls:
SELL: CCL SL 310 TGT 287.
SELL: SHANTIGEAR SL 63 TGT 55.

Turtle Calls:
BUY MICROSEC IN DIPS WITH SL BLW 34 TGT 44.
(* 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: 5899.3.

Turtle Trend Analysis: Current Hourly Trend: Down, Dynamic Trend SL: 5939.6.

Currently the Hourly MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 8 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 39.545. 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 buy 33 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR NIFTY FOR NEXT SESSION:
R2: 5,945.90 R1: 5,922.60 PIVOT POINT: 5,900.85 S1: 5,877.55 S2: 5,832.50