DAILY SPACIAL REPORT BY EPIC RESEARCH- 1 NOVEMBER 2012
1ST November 2012DAILY CHARTIST VIEW
HIGHLIGHTSA Highlights Nifty was bullish on Wednesday. Nifty Future up 18.10 at 5646.10 We recommended two sell calls yesterday, This report today contains their current status Power Grid sell call made a low of 113.80 and is currently trading at 114.90. Investors are advised to hold position in this call. Adani enterprise sell call we recommended did not executed today. Investors kindly wait for the execution in this call. 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
POWER GRID FUTURES- SYMMETRICAL TRIANGLE SELL BELOW 114.45 FOR TARGETS 113.20/111.95 SL 115.60 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Power Grid sell call we recommended is currently trading at 114.90. It made a low of 113.85 and our 1st target is 113.20 Investors’ are advised to hold position in this call as target is delayed due to the bullish trend of market on Wednesday. Risk averse investors’ can book part profit It is making Symmetrical triangle on Daily chart
ADANI ENTERPRISES FUTURE- SYMMETRICALTRIANGLE SELL BELOW 212.50 FOR TARGETS 210/207 SL 215.50 Adani Enterprises sell call we recommended did not executed today. Investors’ kindly wait for execution. Adani enterprise is making Symmetrical triangle on hourly chart Currently trading at 217.10 Break out will come below 213 05. Stop loss is recommended at 215.50.
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