SPECIAL DAILY CHARTIST VIEW REPORT BY EPIC RESEARCH- 08-JAN-2013Document Transcript
8TH January 2013DAILY CHARTIST VIEW
HIGHLIGHTSA Highlights Nifty showed bearish trend on Monday. Nifty Future ended 31.95 points down at 6016.05 Bharti Airtel sell call we recommended executed today and is currently trading at cost Tata Chemicals sell call remained unexecuted Investors’ are advised to hold position in Bharti Airtel sell call and take position in the fresh call provided below. Sell Bharti Airtel futures below 328.45 for targets 327/325 Sell Auro Pharma futures below 200 for targets 198/195 Past Performance: Allahabad bank buy call hit both targets. Auro Pharma buy call hit 1st target. JSW Steel buy call hit both targets. Allahabad bank sell call hit both targets. Voltas hit both targets Adani Enterprise hit target. Lupin almost hit 2nd target. Havells sell call hit both targets.
BHARTI AIRTEL FUTURES – RISING WEDGE SELL BELOW 328.45 FOR TARGETS 327/325 SL 330.50 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Bharti Airtel sell we recommended executed today. It made a low of 327.65 near to our 1st target 327 Currently trading at cost at 328.50 Investors’ are advised to hold the position with recommended SL Targets are 327/325 and SL is recommended at 330.50 Bharti Airtel is making Rising wedge on hourly chart
AURO PHARMA FUTURES– DOUBLE TOP SELL BELOW 200 FOR TARGETS 198/195 SL 202 Sell Auro Pharma future below 200 Auro Pharma is making Double top on hourly chart Currently trading at 202.70 Investors’ are advised to sell below 200 for targets 198/195 SL is recommended at 367.50 Auro Pharma is having strong support at 200.50 and the call may take time in execution.
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