VIEWS: 22 PAGES: 5 CATEGORY: Analyst Reports POSTED ON: 12/31/2012
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31ST December 2012 DAILY CHARTIST VIEW HIGHLIGHTS A Highlights Nifty showed slightly bullish trend on Friday. Nifty Future ended 24.85 points up at 5955.15 Ambuja buy call we recommended did not executed. Yes bank buy call triggered SL in market fluctuation. Investors’ are advised to exit from these calls and take position in the fresh calls provided below. Sell Bombay Dyeing below 131.65 for targets 129/126 Buy Voltas above 106 for targets 107/108.50 Past Performance: Auro Pharma buy call hit 1st target. JSW Steel buy call hit both targets. 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. BOMBAY DYEING – SYMMETRICAL TRIANGLE SELL BELOW 131.65 FOR TARGETS 129/126 SL 134 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Sell Bombay Dyeing below 131.65 Bombay Dyeing is making symmetrical triangle on 15 minutes chart Currently trading above cost at 133.15 Break out will come will below 132 and investors’ are advised to sell below 131.65 This is an intraday call and SL is recommended at 134 VOLTAS- DOUBLE BOTTOM BUY AB0VE 106 FOR TARGETS 107/108.50 SL 104.50 Buy Voltas above 106 for targets 107/108.50. Voltas is making double bottom on 30 minutes chart. Currently trading at 105.10 Breakout will come above 105.70 and investors’ are advised to buy above 106 Stop loss is recommended at 104.50 This is an intraday call as pattern is on 15 minutes chart 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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