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4TH January 2013


DAILY CHARTIST
    VIEW
HIGHLIGHTS
A

       Highlights
     Nifty remained range bound on Thursday.
     Nifty Future ended flat at 6037.55 with gain of 1.90
        points.
     Axis bank buy call triggered SL and Hindustan Unilever
        sell call remained unexecuted.
     Investors’ are advised to wait for execution of Hindustan
        Unilever sell call and take position in the fresh call
        provided below
     Buy Allahabad Bank futures above 181.30 for targets
        182.30/184
     Sell Hindustan Unilever futures below 515 for targets
        500/475
       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.
ALLAHABAD BANK FUTURES – SYMMETRICAL
               TRIANGLE
       BUY ABOVE 181.30 FOR TARGETS 182.30/184 SL 180.30




         BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235




 Buy Allahabad bank futures above 181.20
 Axis bank is making Symmetrical Triangle on 15 minutes
  chart
 Currently trading at 180.10
 Break out will come above 181 and investors’ are advised
  to buy above 181.20
 Targets are 182.30/184 and SL is recommended at
  180.20
HINDUSTAN UNILEVER FUTURES– HEAD AND SHOULDER
          SELL BELOW 515 FOR TARGETS 500/475 SL 535




  Hindustan Unilever sell call we recommended did not
   executed.
  We had already written that this call may take time in
   execution as the pattern is on daily chart.
  Investors’ are advised to wait for execution.
  Hindustan Unilever is making Head and shoulder on
   daily chart
  Currently trading at 534
  We had recommended to sell below 515
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4th January 2013 Daily Chartist View Highlights

  • 1. 4TH January 2013 DAILY CHARTIST VIEW
  • 2. HIGHLIGHTS A  Highlights  Nifty remained range bound on Thursday.  Nifty Future ended flat at 6037.55 with gain of 1.90 points.  Axis bank buy call triggered SL and Hindustan Unilever sell call remained unexecuted.  Investors’ are advised to wait for execution of Hindustan Unilever sell call and take position in the fresh call provided below  Buy Allahabad Bank futures above 181.30 for targets 182.30/184  Sell Hindustan Unilever futures below 515 for targets 500/475  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.
  • 3. ALLAHABAD BANK FUTURES – SYMMETRICAL TRIANGLE BUY ABOVE 181.30 FOR TARGETS 182.30/184 SL 180.30 BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235  Buy Allahabad bank futures above 181.20  Axis bank is making Symmetrical Triangle on 15 minutes chart  Currently trading at 180.10  Break out will come above 181 and investors’ are advised to buy above 181.20  Targets are 182.30/184 and SL is recommended at 180.20
  • 4. HINDUSTAN UNILEVER FUTURES– HEAD AND SHOULDER SELL BELOW 515 FOR TARGETS 500/475 SL 535  Hindustan Unilever sell call we recommended did not executed.  We had already written that this call may take time in execution as the pattern is on daily chart.  Investors’ are advised to wait for execution.  Hindustan Unilever is making Head and shoulder on daily chart  Currently trading at 534  We had recommended to sell below 515
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