Stock Tips For 20 Nov 2012

Momentum Calls:
Buy: NTPC ABV 168.50 SL BLW 165 TGT 172-174.
Sell: EDUCOMP BLW 143 SL ABV 148 TGT 138-130.

Turtle Calls:
SELL SESAGOA IN RALLEY WITH SL ABV 179 TGT 150.
(* 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: 5576.3.

Turtle Trend Analysis: Current Hourly Trend: Down, Dynamic Trend SL: 5650.15.

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 33.250. The Hourly RSI is not currently in a topping (above 70) or bottoming (below 30) range. However, the Hourly RSI just crossed above 30 from a bottoming formation. This is a bullish sign. A buy or sell signal is generated when the RSI moves out of an overbought / oversold area. The last Signal was a buy 0 period(s) ago. The RSI and price are not diverging.

PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 5,616.23 R1: 5,596.27 PIVOT POINT: 5,572.78 S1: 5,552.82 S2: 5,509.37