SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH-06 NOVEMBER 2012
6TH November 2012DAILY CHARTIST VIEW
HIGHLIGHTSA Highlights Nifty ended flat on Monday. Nifty Future up 0.10 at 5739.65 We recommended two buy calls and this report contains their current status. Both the calls we recommended executed and our currently trading in profit. HCL Technologies hit 1st target, Lupin hit 1st target 583 and made a high of 587.50 near to our final target 590 Buy Lupin above 566.35 for targets 582/590. Buy HCL Technologies above 613 for targets 617/623 Past Performance: Bata India hit both targets Havells sell call hit both targets. R Power hit target same day of execution Dr Reddy future sell call currently trading in profit AP paper sell call hit both targets. Our target was 103, and it made a high of 103.25
LUPIN- SYMMETRICAL TRIANGLE BUY ABOVE 575 FOR TARGETS 582/590 SL 569 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235Lupin buy call we recommended hit 1st target.It made a high of 587.50 near to our 2nd target 590.Currently trading in profit at 583.85Investors are advised to hold the position for finaltargets. However risk averse investors’ can book fullprofit and exit.
HCL TECHNOLOGIES FUTURE- SYMMETRICALTRIANGLE BUY ABOVE 613 FOR TARGETS 617/623 SL 608 HCL technologies we recommended did not move as expected. It made a high of 621.25 and our 2nd target was 623. Currently trading at 617.30 Investors’ are advised to book full profit and exit. HCL Technologies was making Symmetrical triangle on hourly chart and we had written breakout above 613 for targets 618 and 623.
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