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  1. 1. 19TH December 2012DAILY CHARTIST VIEW
  2. 2. HIGHLIGHTSA  Highlights  Nifty showed high volatility on Tuesday due to RBI policies.  Nifty Future ended 41.55 points up at 5930.90  Two calls we recommended executed today and are currently trading around cost.  Investors are advised to hold position in both these calls and wait for targets.  Buy Havells India future above 625 for targets 632/640  Buy Biocon futures above 290 for targets 294/300  Past Performance:  Allahabad bank sell call hit both targets.  Voltas hit both targets  Adani Enterprise hit target.  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. HAVELLS INDIA FUTURE – DOUBLE BOTTOM BUY ABOVE 625 FOR TARGETS 632/640 SL 615 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Havells India buy call we recommended executed today. It made a high of 625.70 and we had recommended to buy above 625 Currently trading at 622.90 Investors’ are advised to hold the position and wait for targets. SL is recommended at 615
  4. 4. BIOCON FUTURE- DESCENDING TRIANGLE BUY AB0VE 290 FOR TARGETS 294/300 SL 285 Biocon buy call we recommended executed today. It made a high of 291.20 and then low of 285.10 Currently trading at 288.40 Investors’ are advised to hold the position with recommended SL and wait for targets Stop loss is recommended at 285 Biocon is making Descending triangle on hourly chart
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