Special report by epic research 8 april 2013


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Special report by epic research 8 april 2013

  1. 1. 8TH April 2013DAILY CHARTIST VIEW
  2. 2. HIGHLIGHTSA  Highlights  Nifty traded lower and ended in red on Friday.  Nifty Future ended 94.90 points down at 5593.20  Dabur India future sell call hits 1st tg 142.50, low of 140.85 and Bajaj Auto future remained unexecuted.  Investors are advised to book profit in Dabur India future and take position in fresh calls provided below.  Buy Maruti Suzuki above 1410 for targets 1422/1434 sl 1390  Sell Reliance Industries below 778 for targets 772/766 with sl 790  Past Performance:  Dabur India future hits 1st tg 142.50, low of 140.85.  Infosys future hits 1st tg 2855.  Bajaj Auto future hits 1st tg 1805.  IBReal future hits 1st tg 56.75.  ITC future sell call executed today  JSW Steel future hits final tg 643, low 634.  Ranbaxy future hits 1st tg 432.  Havells sell call hit both targets.
  3. 3. MARUTI SUZUKI – FLAG BUY ABOVE 1410 FOR TARGETS 1422/1434 SL 1390 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Buy Maruti suzuki above 1410. Maruti suzuki is making a Flag pattern on 15 minutes charts. Currently trading at 1406. Investor’s are advised to buy above 1410, break out is yet to come. Targets are 1422/1434 and SL at 1390 This is an intraday call as the pattern is forming on 15 minutes chart.
  4. 4. RELIANCE INDUSTRIES – RISING WEDGE PATTERN SELL BELOW 315 FOR TARGETS 318/323 SL 310.45 Sell Reliance industries below 778. Coal India future is making Rising Wedge pattern on 15 minutes chart. Currently trading at 780.10. Investors’ are advised to Sell below 778 for targets 772/766, Breakout is yet to come. Targets are 772/766 and SL is to be followed 790
  5. 5. DisclaimerThe information and view in this report, our website & all the service we provideare believed to be reliable, but we do not accept any responsibility (or liability) forerrors of fact or opinion. Users have the right to choose the product/s that suitsthem the most.Sincere efforts have been made to present the right investment perspective. Theinformation contained herein is based on analysis and up on sources that weconsider reliable.This material is for personal information and based upon it & takes noresponsibilityThe information given herein should be treated as only factor, while makinginvestment decision. The report does not provide individually tailor-madeinvestment advice. Epic research recommends that investors independentlyevaluate particular investments and strategies, and encourages investors to seekthe advice of a financial adviser. Epic research shall not be responsible for anytransaction conducted based on the information given in this report, which is inviolation of rules and regulations of NSE and BSE.The share price projections shown are not necessarily indicative of future priceperformance. The information herein, together with all estimates and forecasts, canchange without notice. Analyst or any person related to epic research might beholding positions in the stocks recommended. It is understood that anyone who isbrowsing through the site has done so at his free will and does not read any viewsexpressed as a recommendation for which either the site or its owners oranyone can be held responsible for . Any surfing and reading of the information isthe acceptance of this disclaimer.All Rights Reserved. Investment in equity & bullion market has its own risks.We, however, do not vouch for the accuracy or the completeness thereof. we are notresponsible for any loss incurred whatsoever for any financial profits or losswhich may arise from the recommendations above epic research does not purportto be an invitation or an offer to buy or sell any financial instrument. Our Clients(Paid Or Unpaid), Any third party or anyone else have no rights to forward orshare our calls or SMS or Report or Any other information provided by us to/withanyone which is related directly or indirectly with them. If found so, then SeriousLegal Actions can be taken.