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SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH-18 OCTOBER 2012

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SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH-18 OCTOBER 2012 Powered By Docstoc
					       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
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