Special report by epic reseach 16 july 2013

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Special report by epic reseach 16 july 2013

  1. 1. 16TH JULY 2013 DAILY CHARTIST VIEW
  2. 2. 8 HIGHLIGHTS A  Highlights  Nifty traded HIGHER and ended in GREEN on MONDAY  Nifty Future 24.00 points UP at 6031.25  Buy GAIL INDIA above 325 targets 327.50/330.50 sl 322.50  Buy ITC above 355 targets 357.50/360.50 sl 352.50  Past Performance:  TCS HIT 1ST & 2ND TGTS  YES BANK HIT 1ST TGT  AURO PHARMA HIT BOTH TGT  AXIS BANK HIT BOTH TGT  GAIL INDIA HIT BOTH TGT  COAL INDIA HIT 1ST TGT  CENTURI TEXTILE HIT 1ST TGT and almost HIT 2ND TGT  CESC HIT 1ST TGT  ADANI PORTS HIT BOTH TGTS  YES BANK HIT 1ST & 2ND TGTS  ADANI ENT HIT 1ST TGT and almost HIT 2ND TGT
  3. 3.  The chart shown is DAILY.  The stock decline after appears Bearish Engulfing pattern near 200 day EMA.  After short decline Inverted Hammer appears near 20- day EMA and stock again traded upward.  The horizontal line show the resistance line near 325.  Before closing, stock shows some strength on 15-min chart.  The overall market is also showing good strength.  After break this resistance , buying is expecting. GAIL INDIA BUY ABOVE 325 TARGETS 327.50/330.50 SL 322.50 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235
  4. 4.  The chart shown is DAILY.  The horizontal line shows the Resistance for stock.  The first peak make a high of 354.95 and 2nd peak 355.90, but does not sustain at high and close at 354.30.  If third time stock break 355 and sustain above it than buying is expected. This is also known as Up thrust.  The overall market is also showing good strength.  After break this resistance, buying is expecting. ITC BUY ABOVE 355 TARGETS 357.50/360.50 SL 352.50
  5. 5. Disclaimer The information and view in this report, our website & all the service we provide are believed to be reliable, but we do not accept any responsibility (or liability) for errors of fact or opinion. Users have the right to choose the product/s that suits them the most. Sincere efforts have been made to present the right investment perspective. The information contained herein is based on analysis and up on sources that we consider reliable. This material is for personal information and based upon it & takes no responsibility The information given herein should be treated as only factor, while making investment decision. The report does not provide individually tailor-made investment advice. Epic research recommends that investors independently evaluate particular investments and strategies, and encourages investors to seek the advice of a financial adviser. Epic research shall not be responsible for any transaction conducted based on the information given in this report, which is in violation of rules and regulations of NSE and BSE. The share price projections shown are not necessarily indicative of future price performance. The information herein, together with all estimates and forecasts, can change without notice. Analyst or any person related to epic research might be holding positions in the stocks recommended. It is understood that anyone who is browsing through the site has done so at his free will and does not read any views expressed as a recommendation for which either the site or its owners or anyone can be held responsible for . Any surfing and reading of the information is the 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 not responsible for any loss incurred whatsoever for any financial profits or loss which may arise from the recommendations above epic research does not purport to 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 or share our calls or SMS or Report or Any other information provided by us to/with anyone which is related directly or indirectly with them. If found so, then Serious Legal Actions can be taken.

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