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SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH- 14 DECEMBER 2012

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SPECIAL CHARTIST VIEW REPORT BY EPIC RESEARCH- 14 DECEMBER 2012 Powered By Docstoc
					       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
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