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1. 13th MAY 2013
DAILY CHARTIST
VIEW

2. HIGHLIGHTS
A
 Highlights
 Nifty traded higher and ended in green WEDNESDAY.
 Nifty Future ended 38.70 points up at 6089.00
 BUY UNITED PHOSPHOROUS above 154.5 for targets
155.50/156.50 sl 153.50
 SELL WOCKHARDT above 1675 for targets 1665/1655
with sl 1685.
 Past Performance:
 KotakMahindra hit both tgts.
 HCL tech hit both targets
 ApolloTyre hit both targets.
 Bajaj Auto future hits 1st tg 1805.
 Bharti airtel hit both targets
 FIANANCIAL technologies hit both targets.
 Union bank hit both target.
 ICICI BANK HIT BOTH TGTS.
 WIPRO HIT 1ST TGT.
 LT hit both tgt.
 HERO HONDA hit both tgt.

3.  BUY UNITED PHOSPHOROUS above 154.50.
 UNITED PHOSPHOROUS has made FLAG on 15 min
charts.
 Currently trading at 154.
 Investor’s are advised to BUY above 154.50 break out
has come.
 Targets are 155.50/156.50 and SL at 153.60
 This is an intra day day call as the pattern is forming on
15 min chart
UNITED PHOSPHOROUS – FLAG
BUY ABOVE 154.50 FOR TARGETS 155.50/156.50 SL 153.50
BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235

4.  Buy SEIMENS 1675.
 WOCKHARDT is making CHANNEL on 15 min chart.
 Currently trading at 1675
 Investors’ are advised to buy above 1675 for targets
1665/1555. Breakout has yet to come.
 Targets are 1665/1555 and SL is to be followed 1685
WOCKHARDT– CHANNEL
SELL BELOW 1675 FOR TARGETS 1665/1655 SL 1685

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