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1. 7TH December 2012
DAILY CHARTIST
VIEW

2. HIGHLIGHTS
A
 Highlights
 Nifty showed high volatility on Thursday.
 Nifty Future ended 40.35 points up at 5980.80
 We recommended two calls yesterday and both hit
targets
 This report contains the current status of our calls
 Havells hit 1st target 620 high of 620.40
 Ambuja hit 1st target 205 low of 204.80
 Past Performance:
 Havells and Ambuja both calls hit targets.
 Adani Enterprise hit target.
 Auro Pharma sell call hit both targets on the same day of
execution.
 Lupin almost hit 2nd target.
 Bata India hit both targets
 Havells sell call hit both targets.
 R Power hit target same day of execution

3. AMBUJA FUTURES – HEAD AND SHOULDERS
SELL BELOW 206.30 FOR TARGETS 205/203 SL 208
BUY ABOVE 250 FOR TARGETS OF 265/285 SL 235
 Ambuja sell call hit 1st target
 It made a low of 204.80 and our 1st target was 205
 Ambuja was making Head and shoulder on hourly chart
 Currently trading at 208.55
 We hope our Investors’ must have booked profit.
 This call triggered our SL after 1st target.
 Investors’ are advised to exit and wait for next call.

4. HAVELLS FUTURES- DOUBLE BOTTOM
BUY ABOVE 613 FOR TARGETS 620/630 SL 605
 Havells India buy call hit 1st target
 It made a high of 620.20 and our 1st target was 620
 Havells India was making Double bottom on daily chart
 Currently trading at 613.85
 Investors’ must have booked the profit as we
recommended yesterday to hold the position

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