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  1. 1. 5TH December 2012DAILY CHARTIST VIEW
  2. 2. HIGHLIGHTSA  Highlights  Nifty showed range bound movements on Tuesday.  Nifty Future up 14.65 at 5926.25  Two calls we recommended did not move as per the expectation.  Investors’ are advised to exit from these calls and take position in the fresh call provided below.  Sell IRB Infra futures below 135.60 for targets 134.10/132.60  Buy Havells future above 613 for targets 620/630  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 2nd target.  Bata India hit both targets  Havells sell call hit both targets.  R Power hit target same day of execution
  3. 3. IRB INFRA FUTURES – DOUBLE TOP SELL BELOW 135.60 FOR TARGETS 134.10/132.60 SL 137.10 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Sell IRB Infra below 135.60. IRB Infra is making Double top on hourly chart Currently trading at 136.90 Break out will come below 136.80 and we expect rally to continue till 132 Investors’ are advised to take position below 136.60. Stop loss is recommended at 137.10
  4. 4. HAVELLS FUTURES- DOUBLE BOTTOM BUY ABOVE 613 FOR TARGETS 620/630 SL 605 Buy Havells India future above 613. Havells India is making Double bottom on daily chart Breakout will come above613 Currently trading at 607.55 Investors’ are advised to buy above 613 for targets 620/630 Stop loss is recommended at 605 Stop loss is recommended at 381
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