This daily chartist report provides analysis and recommendations for two stocks - Polaris and SBI. For Polaris, it identifies a double bottom pattern and recommends buying above 119.30 with price targets of 121.30/123.50. For SBI, it notes a falling wedge pattern on the hourly chart and recommends buying above 1850 with price targets of 1920 and 2000. The report also provides updates on past recommendations, noting an unexecuted call on SBI from the previous day.

1. 31ST AUGUST 2012
DAILY CHARTIST
VIEW

2. HIGHLIGHTS
TODAY WE HAVE IDENTIFIED TWO PATTERNS ON HOURLY
CHART.
BUY POLARIS ABOVE 119.30 POLARIS IS TAKING NEAR TO A
BREAK OUT OF DOUBLE BOTTOM AND THE PRICES ARE
EXPECTED TO TRADE TILL 128 BEFORE TAKING ANY
CORRECTION.
BUY SBI ABOVE 1850 FOR TARGET LEVELS OF 1920 AND 2000.
SBI IS MAKING FALLING WEDGE ON HOURLY CHART. THIS
PATTERN WILL ACHIEVE A BREAK OUT ABOVE 1850
PAST PERFORMANCE:
YESTERDAY’S BUY CALL OF SBI REMAINS UNEXECUTED
ONGC FUTURE SELL CALL EXECUTED AND MOVED IN THE
RECOMMENDED DIRECTION.

3. POLARIS – DOUBLE BOTTOM
BUY ABOVE 119.30 FOR TARGETS OF 121.30/ 123.50 SL 118.90
POLARIS PRICE IS MOVING UPWARDS AFTER TAKING
SUPPORT OF 106.50.BREAK OUT OF THIS PATTERN WILL
COME AROUND 128 BUT ONE CAN BUY ABOVE 119.30 AS
PRICES ARE EXPECTED TO GO TILL 128 AND TAKE A
CORRECTION FROM THERE.

4. SBI – FALLING WEDGE
BUY ABOVE 1850 TGS 1920/2000 SL 1790
SBI BUY CALL ABOVE 1850 REMAINS UNEXECUTED TODAY.
THIS CALL IS EXPECTED TO BE EXECUTED TOMORROW SO
THE POSITION CAN BE HOLD WITH RECOMMENDED SL.
SBI IS MAKING FALLING WEDGE ON HOURLY CHART.IT WILL
ACHIEVE BREAKOUT ABOVE 1850. ONE CAN BUY ABOVE THIS
LEVEL FOR TARGETS OF 1920/2000. A SMALL STOP LOSS IS
RECOMMENDED AT 1790

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 sho wn 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 o wners 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 o wn risks.
We, ho wever, do not vouch for the accuracy or the completeness thereo f. 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 for ward 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.