Stock Tips And Nifty Tips For 26 Feb 2013

Momentum Calls:
Buy: RANBAXY SL 424.50 TGT 443 .
SELL: IBREALEST SL 70 TGT 60.

Turtle Calls:
BUY THERMAX IN DIPS WITH SL BLW 571 TGT 600.
(* 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: 5850.95.

Turtle Trend Analysis: Current Hourly Trend: Neutral, Trend Up Above: 5894.2, Trend Down Below: 5825.

Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above its Signal line 5 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 43.782. 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 buy 14 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR NIFTY FOR NEXT SESSION:
R2: 5,904.85 R1: 5,877.90 PIVOT POINT: 5,851.45 S1: 5,824.50 S2: 5,771.10