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Tuesday, December 11, 2012

Stock Tips And Nifty Tips For 12 Dec 2012


Momentum Calls:
Buy: SUNPHARMA ABV 715 SL BLW 710 TGT 725.
Sell: CAIRN BLW 319 SL ABV 322 TGT 315.
Turtle Calls:
BUY AMBUJACEM IN DIPS WITH SL BLW 203 TGT 220.
(* 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: 5894.8.
Turtle Trend Analysis: Current Hourly Trend: Down, Dynamic Trend SL: 5965.05.
Currently the Hourly MACD is bearish since it is trading below its Signal line. The MACD crossed below its Signal line 2 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 47.850. 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 29 period(s) ago. The RSI and price are not diverging.
PIVOT TRADING LEVELS FOR FOR NEXT SESSION:
R2: 6,007.73 R1: 5,951.27 PIVOT POINT: 5,908.58 S1: 5,852.12 S2: 5,752.97

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