SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH-21 NOVEMBER 2012

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SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH-21 NOVEMBER 2012

  1. 1. 21ST November 2012DAILY CHARTIST VIEW
  2. 2. HIGHLIGHTSA  Highlights  Nifty ended almost flat on Tuesday.  Nifty Future down 6.25 at 5583.40  Ambuja cement sell call we recommended hit both targets. Investors are advised to book full profit and take the new position at revised levels mentioned below:  Sell Ambuja cement future below 195 for targets 197/195  Sell Dena Bank futures below 103 for targets 102/100.50  Past Performance: Ambuja Cement sell call hit both targets. 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.
  3. 3. AMBUJA CEMENT FUTURE- DOUBLE TOP SELL BELOW 195.50 FOR TARGETS 194/192 SL 197 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235Ambuja cement sell call we recommended hit bothtargets in a single day; made a low of 195.05 near to ourfinal target 195Ambuja is making Double top on Daily chartCurrently trading at 197.25Investors’ can again take the short position below 195.50as we expect rally to continue till 190
  4. 4. DENA BANK FUTURE- RISING WEDGE SELL BELOW 103 FOR TARGETS 102/100.50 SL 104.05Sell Dena Bank below 103Dena Bank is making Rising wedge on Daily ChartCurrently trading at 104.05Break out has come below 106 but we expect rally tocontinue till 97Investors can take the short position below 103; stoploss is recommended at 104.05
  5. 5. DisclaimerThe information and view in this report, our website & all the service we provideare believed to be reliable, but we do not accept any responsibility (or liability) forerrors of fact or opinion. Users have the right to choose the product/s that suitsthem the most.Sincere efforts have been made to present the right investment perspective. Theinformation contained herein is based on analysis and up on sources that weconsider reliable.This material is for personal information and based upon it & takes noresponsibilityThe information given herein should be treated as only factor, while makinginvestment decision. The report does not provide individually tailor-madeinvestment advice. Epic research recommends that investors independentlyevaluate particular investments and strategies, and encourages investors to seekthe advice of a financial adviser. Epic research shall not be responsible for anytransaction conducted based on the information given in this report, which is inviolation of rules and regulations of NSE and BSE.The share price projections shown are not necessarily indicative of future priceperformance. The information herein, together with all estimates and forecasts, canchange without notice. Analyst or any person related to epic research might beholding positions in the stocks recommended. It is understood that anyone who isbrowsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners oranyone can be held responsible for . Any surfing and reading of the information isthe acceptance of this disclaimer.All Rights Reserved. Investment in equity & bullion market has its own risks.We, however, do not vouch for the accuracy or the completeness thereof. we are notresponsible for any loss incurred whatsoever for any financial profits or losswhich may arise from the recommendations above epic research does not purportto be an invitation or an offer to buy or sell any financial instrument. Our Clients(Paid Or Unpaid), Any third party or anyone else have no rights to forward orshare our calls or SMS or Report or Any other information provided by us to/withanyone which is related directly or indirectly with them. If found so, then SeriousLegal Actions can be taken.

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