SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH-3 DECEMBER 2012
3RD December 2012DAILY CHARTIST VIEW
HIGHLIGHTSA Highlights Nifty continued its bullish trend on Friday. Nifty Future up 36.80 at 5906.15 Adani sell call we recommended hit target and Jubilant Food sell call remained unexecuted Investors’ are advised to exit from these calls and take position in the fresh calls provided below. Sell Dabur India futures 123.50 for targets 121.50/117 Sell Adani Power below 53 for targets 52.50/51.50 Past Performance: Adani Enterprise hit target. 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
DABUR INDIA FUTURES – HEAD AND SHOULDER SELL BELOW 123.50 FOR TARGETS 121.50/117 SL 125.50 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Sell Dabur India future below 123.50 Dabur India is making Head and shoulders on daily chart Currently trading at 128.45 It has made a false breakout below 124 once and another breakout below this level will lead to rally till 115 A small stop loss is recommended at 125.50 Stop loss is recommended at 1256
ADANI POWER- TWEEZERS TOP SELL BELOW 53 FOR TARGETS 52.50/51.50 SL 53.70Sell Adani Power below 53Adani power is making Tweezers top on hourly chartIt’s a bearish reversal candlestick patternCurrently trading at 53.10Investors’ are advised to sell below 53 for targets52.50/51.50Stop loss is recommended at 53.70Stop loss is recommended at 381
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