Special Report by www.epicresearch.co- 20th March 2013

Nifty traded negative and ended in red on Tuesday. * Nifty Future ended 99.50 points down at 5751.90 * L&T future buy call and ITC future sell call remained unexecuted.
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Indore, India (prHWY.com) March 20, 2013 - HEADLINE


* Nifty traded negative and ended in red on Tuesday.
* Nifty Future ended 99.50 points down at 5751.90
* L&T future buy call and ITC future sell call remained unexecuted.
* Investors are advised to ignore both calls and take position in fresh calls provided below.
* Sell Ranbaxy future below 436 for targets 430/422 with sl 444.45
* Sell JSW Steel future below 657 for targets 651/643 with sl 665.45

Past Performance:


* Ranbaxy future hits 1st tg 432.
* Dena Bank future hits final tg 96.25.
* ITC future sell call executed today.
* Jain Irrigation future hits 1st tg 66.75.
* Ranbaxy future sell call remained unexecuted
* ONGC future hits 1st tg 330.
* Wipro future hits 1st tg 456.50.

RANBAXY FUTURE - RISING WEDGE

SELL BELOW 436 FOR TARGETS 430/422 SL444.45


* Sell Ranbaxy future below 436.
* Ranbaxy future is making a Rising Wedge pattern on 15 minutes charts.
* Currently trading at 439.60.
* Investor's are advised to sell below 436, break out is yet to come.
* Targets are 430/422 and SL at 444.45.
* This is an intraday call as the pattern is forming on 15 minutes chart.



JSW STEEL FUTURE - INVERTED FLAG PATTERN

SELL BELOW 657 FOR TARGETS 651/643 SL 665.45


* Sell JSW Steel future below 657.
* JSW Steel future is making Inverted Flag pattern on 15 minutes chart.
* Currently trading at 661.75.
* Investors' are advised to sell below 657 for targets 651/643, Breakout is already given.
* Targets are 651/643 and SL is to be followed 665.45

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Categories: Finance

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