VIEWS: 23 PAGES: 5 CATEGORY: Analyst Reports POSTED ON: 1/1/2013
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1ST January 2013 DAILY CHARTIST VIEW HIGHLIGHTS A Highlights Nifty showed range bound movement on Monday. Nifty Future ended 5.50 points down at 5949.05 Bombay Dyeing sell call we recommended did not executed. Voltas buy call currently trading above cost. Investors’ kindly hold the position with recommended SL. Investors’ are advised to exit from Bombay Dyeing sell call and take position in the fresh call provided below. Sell United Spirits futures below 1910 for targets 1900/1885 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. UNITED SPIRITS – SYMMETRICAL TRIANGLE SELL BELOW 1910 FOR TARGETS 1900/1885 SL 1925 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235 Sell United Spirits futures below 1910 United Spirits is making symmetrical triangle on 15 minutes chart Currently trading at 1921 Break out will come will below 1912 and investors’ are advised to sell below 1910 Targets are 1910/1885 and SL is recommended at 1925 VOLTAS- DOUBLE BOTTOM BUY AB0VE 106 FOR TARGETS 107/108.50 SL 104.50 Voltas buy call we recommended executed today Our 1st target was 107 and it made a high of 106.50 Currently trading at around cost at 105.90 Voltas is making double bottom on 30 minutes chart. Investors’ are advised to hold this position for targets with recommended SL. Stop loss is recommended at 104.50 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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