Stock Tips And Nifty Tips For 15 Feb 2013

Momentum Calls:
SELL: PANCARBON SL 155 TGT 140.
SELL: POWERGRID SL 110.50 TGT 100.

Turtle Calls:
SELL ESABINDIA IN RALLY WITH SL ABV 449 TGT 420.
(* 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: 5888.2.

Turtle Trend Analysis: Current Hourly Trend: Down, Dynamic Trend SL: 5964.15.

Currently the Hourly MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 4 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 33.878. 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 57 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR NIFTY FOR NEXT SESSION:
R2: 5,959.97 R1: 5,924.08 PIVOT POINT: 5,904.32 S1: 5,868.43 S2: 5,812.78