SPECIAL DAILY CHARTIST VIEW REPORT BY EPIC RESEARCH- 07-JAN-2013
7TH January 2013DAILY CHARTIST VIEW
HIGHLIGHTSA Highlights Nifty showed high volatility on Friday. Nifty Future ended 20 points plus at 12872 Allahabad bank buy call hit both targets and Hindustan Unilever sell call remained unexecuted. Investors’ are advised to book profit and exit from these calls and take position in the fresh calls provided below. Sell Bharti Airtel futures below 328.45 for targets 327/325 Sell Tata Chemicals futures below 365 for targets 363/360 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 Sell Bharti Airtel futures below 328.45 Bharti Airtel is making Rising wedge on 15 minutes chart Currently trading at 329.25 Break out has already come and investors’ can sell below 328.45 Targets are 327/325 and SL is recommended at 330.50 This is an intraday call as the pattern is on 15 minutes chart.
TATA CHEMICALS FUTURES– RISING WEDGE SELL BELOW 365 FOR TARGETS 363/360 SL 367.50 Sell Tata Chemicals future below 365 Tata Chemicals is making Rising wedge on 15 minutes chart Currently trading at 365.60 Investors’ are advised to sell below 365 for targets 363/360 Targets are 363/360 and SL is recommended at 367.50
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