The document provides a daily market summary and analysis for March 8th, 2013. It highlights that the Nifty ended in green and provides recommendations to buy or sell futures contracts for specific companies. For Adani Ent, it recommends selling the future below 226 with targets of 224.50/222. For Wipro, it recommends buying the future above 453.50 with targets of 456.50/462. The analysis is based on technical patterns seen in 15-minute and 30-minute charts. It also provides the performance of past recommendations.

1. 8TH March 2013
DAILY CHARTIST
VIEW

2. HIGHLIGHTS
A
 Highlights
 Nifty traded volatile and ended in green on Thursday.
 Nifty Future ended 48.05 points up at 5889.40
 DLF future buy call hits 1st tg 277 and PNB future sell
call made low 805.45,
 Investors are advised to book profit in both calls and
take position in fresh calls provided below.
 Sell Adani Ent future below 226 for targets 224.50/222
with sl 228.45
 Buy Wipro future above 453.50 for targets 456.50/462
with sl 448.45
 Past Performance:
 DLF future hits final tg 270.
 Ibreal future sell call remained unexecuted.
 L&T future hits final tg 1380.
 Dish Tv future hits 1st tg 64.75.
 Bata India future hits final tg 761
 Sun Tv future hits 1st tg 422.
 DLF future hits final tg 272
 .
 Havells sell call hit both targets.

3. ADANO ENT FUTURE – RISING WEDGE
SELL BELOW 226 FOR TARGETS 224.50/222 SL 228.45
BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235
 Sell Adani Ent future below 226
 Adani Ent future is making a Rising wedge pattern on 15
minutes charts.
 Currently trading at 228.70
 Investor’s are advised to sell below 226, break out is yet
to come.
 Targets are 224.50/222 and SL at 228.45.
 This is an intraday call as the pattern is forming on 15
minutes chart.

4. WIPRO FUTURE – FLAG PATTERN
BUY ABOVE 453.50 FOR TARGETS 456.50/462 SL 448.45
 Buy Wipro future above 453.50.
 Wipro future is making a Flag pattern on 30 minutes
chart.
 Currently trading at 451.45
 Investors’ are advised to buy above 453.50 for targets
456.50/462, Breakout is yet to come.
 Targets are 456.50/462 and SL is to be followed 448.45

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