VIEWS: 1 PAGES: 5 CATEGORY: Business POSTED ON: 9/5/2012
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5TH September 2012 DAILY CHARTIST VIEW HIGHLIGHTS We have identified two patterns on chart: Buy Tata motors above 250 for a target level of 285. Tata motors is making inverted head & shoulder on daily chart 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: SBI buy call @ 1850 is currently trading at 1880. ONGC sell @ 279 made a low of 268. Target expected is 260. Tata Motors call @250 is yet to execute. Expect breakout above 250 TATA MOTORS- INVERTED HEAD & SHOULDER BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Tata motors is making inverted head and shoulder on daily level. Its current market price is 235 and breakout will come around 250. Buy @ 250 for targets of 265/285. SBI – FALLING WEDGE BUY ABOVE 1850 TGS 1920/2000 SL 1790 SBI buy call finally took an upward breakout… It made a high of 1881 and is currently at CMP of 1879. Wait………..our target is yet to complete… Buying rally is expected till 1920. Hold the position for higher returns. 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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