VIEWS: 24 PAGES: 5 CATEGORY: Analyst Reports POSTED ON: 12/14/2012
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14TH December 2012 DAILY CHARTIST VIEW HIGHLIGHTS A Highlights Nifty was bearish on Thursday. Nifty Future ended 49.50 points down at 5878.75 Two sell call we recommended hit targets This report contains the breakout achieved by Allahabad bank sell call we recommended and one fresh call. Investors’ are advised to exit from Allahabad sell call after booking profit and take position in the fresh call provided below. Sell Yes bank futures below 450 for targets 448/445 Past Performance: Allahabad bank sell call hit both targets. Voltas hit both targets Adani Enterprise hit target. Lupin almost hit 2nd target. Bata India hit both targets Havells sell call hit both targets. R Power hit target same day of execution YES BANK FUTURES – DESCENDING TRIANGLE SELL BELOW 450 FOR TARGETS 448/445 SL 452 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Sell Yes bank futures below 450 Yes bank is making Descending Triangle on 15 minutes chart Break out has come below 455 but we expect rally to continue till 445 Currently trading at 450.70 Investors’ can sell below 450 for targets 448/445 ALLAHABAD BANK FUTURES- HEAD AND SHOULDER SELL BELOW 161.30 FOR TARGETS 160/158 SL 163.50 Allahabad bank sell call hit both targets. Our final target was 158 and it made a low of 157.20 Allahabad bank is making Head and shoulder on hourly chart We had recommended Investors’ to sell below 161.30 Currently trading at 157.50 Investors’ are advised to book full profit and exit 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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