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1. 2ND MAY 2013
DAILY CHARTIST
VIEW

2. HIGHLIGHTS
A
 Highlights
 Nifty traded higher and ended in green on TUESDAY.
 Nifty Future ended 26.10 points up at 5930.20
 Dabur India future sell call hits 1st tg 142.50, low of
140.85 and Bajaj Auto future remained unexecuted.
 Buy IDEA above 133 for targets 134/135 sl 132
 Buy WIPRO above 349 for targets 355/361 with sl 342.
 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.

3.  BUY IDEA above 133.
 IDEA has made FLAG on 15 min charts.
 Currently trading at 132.60.
 Investor’s are advised to buy above 133, break out has
yet to come.
 Targets are 134/135 and SL at 132
 This is an intra day day call as the pattern is forming on
15 min chart
IDEA
BUY ABOVE 133 FOR TARGETS 134/135 SL 132
BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235

4.  Buy WIPRO above 349.
 WIPRO is making Channel on 15 min chart.
 Currently trading at 348.50
 Investors’ are advised to buy above 349 for targets
355/461, Breakout has come.
 Targets are 355/461 and SL is to be followed 342.
WIPRO– CHANNEL
BUY ABOVE 349 FOR TARGETS 355/361 SL 342

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