VIEWS: 0 PAGES: 5 POSTED ON: 10/18/2012
18TH October 2012 DAILY CHARTIST VIEW HIGHLIGHTS Highlights Nifty showed mixed movements on Wednesday. Nifty Future up 17.95 at 5669.50. We recommended two sell calls both of which executed. We are not recommending any new calls today however we are mentioning the current status of our calls today. Coal India sell call is open and inching towards target. Jubilant Foods sell call is trading near cost. Investors’ are advised to hold the position in both these calls and expect targets today. Past Performance: R Power hit target same day of execution Dr Reddy future sell call currently trading in profit Coal India future not yet executed AP paper sell call hit both targets. Investors’ book profit. Sterlite made it all in one shot Our target was 103, and it made a high of 103.25 COAL INDIA FUTURES- HEAD & SHOULDER SELL BELOW 355 FOR TARGETS 350/342 SL 363 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Sell call we recommended is trading in profit; It made a low of 353.60 and is currently trading at 354.80. Investors’ can expect to target to be achieved today We expect rally to continue till 340 and our 1 st target is 350 Coal India is making Head and Shoulder on daily. JUBILANT FOODS FUTURE-DOUBLE TOP SELL BELOW 1318 FOR TARGETS 1300/1275 SL 1330 Jubilant Foods sell call we recommended made a low of 1311.20 Currently trading at 1319.95 Investors’ are advised to hold this position and expect target to be achieved today We can expect rally to continue till 1275 but we are recommending to book part profit at 1300 Stop loss is recommended at 1330 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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