Stock Market Analysis

Stock Tips And Nifty Tips For 17 Aug 2012

Turtle Calls:

BUY INNOIND IN DIPS WITH SL BLW 113 TGT 129.
(* 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.)

Momentum Calls For Next Session:

(* Momentum calls are for intraday purpose and are generated as per semi-mechanical systems. Stop-loss is an essential risk control mechanism and it should always be there. If you find the stock opened near targets either avoid it or wait for it to come near entry level 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: 5361.75.

Turtle Trend Analysis: Current Hourly Trend: Up, Dynamic Trend SL: 5356.85.

Currently the Hourly MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 0 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 56.005. 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 35 period(s) ago. The RSI has set a new 14 Hourly low while the security price has not. This is a bearish Divergence.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 5,399.75 R1: 5,380.75 PIVOT POINT: 5,368.80 S1: 5,349.80 S2: 5,318.85

Bank Nifty’s fully automated technical trend analysis:

BANKNIFTY last traded price: 10425.7.

Turtle Trend Analysis: Current Hourly Trend: Up, Dynamic Trend SL: 10405.7.

Currently the Hourly MACD is bullish since it is trading above its Signal line. The MACD crossed above its Signal line 13 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 47.419. 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 22 period(s) ago. The RSI has set a new 14 Hourly low while the security price has not. This is a bearish Divergence.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 10,595.62 R1: 10,510.63 PIVOT POINT: 10,458.17 S1: 10,373.18 S2: 10,235.73

CNX-IT’s fully automated technical trend analysis:

CNX-IT last traded price: 5918.9.

Turtle Trend Analysis: Current Hourly Trend: Up, Dynamic Trend SL: 5887.8.

Currently the Hourly MACD is bearish since it is trading below its Signal line.The MACD crossed below its Signal line 15 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 57.844. 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 6 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 5,943.43 R1: 5,931.17 PIVOT POINT: 5,909.48 S1: 5,897.22 S2: 5,863.27