SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH-19 NOVEMBER 2012
12TH November 2012DAILY CHARTIST VIEW
HIGHLIGHTSA Highlights Nifty showed negative trend on Friday. Nifty Future down 40.20 at 5725.00 This report contains the breakout of sell call we recommended on the basis of rising wedge and a new call for clients to take position in. Auro Pharma sell call we recommended hit both the targets in a single day. Investors’ kindly book full profit and take position in the fresh call provided below. Sell Karnataka bank future below 138.90 for targets 138/137 Past Performance: Auro Pharma sell call hit both targets on the same day of execution. Lupin almost hit 2 nd target. Bata India hit both targets Havells sell call hit both targets. R Power hit target same day of execution AP paper sell call hit both targets.
AURO PHARMA FUTURE- RISING WEDGE SELL BELOW 177.70 FOR TARGETS 175.20/172.70 SL 180.70 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235Auro Pharma sell call we recommended hit both thetargets.It made a low of 168.30 and our 2 nd target was 172.70Currently trading at 173.40Investors’ are advised to book full profitAuro Pharma was making rising wedge on hourly chartand we had written breakout below 178
KARNATAKA BANK FUTURE- RISING WEDGE SELL BELOW 138.90 FOR TARGETS 138/137 SL 140.90Sell KTK bank below 138.90KTK bank is making Rising wedge on hourly chartCurrently trading at 139.70Breakout will come below 139 and we expect rally tocontinue till 136A small stop loss is recommended at 140.90
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