Special Report by www.epicresearch.co-31 January 2013
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* Nifty traded positive and ended flat on Wednesday
* Nifty Future ended 10.90 points up at 6060.30
* ITC future buy call remained unexecuted and Biocon future sell call remained unexecuted.
* Investor's are advised to ignore both calls and take position in fresh calls provided below.
* Sell Raymond future below 376 for targets 373/368 with sl 380.45
* Sell Unitech future below 35.50 for targets 35/34 with sl 36.20.
Past Performance:
* ITC future buy call remained unexecuted.
* Biocon future sell call remained unexecuted.
* IVRCL Infra sell call hits final tg 34, made low 30.95.
* Sun Tv future sell call remained unexecuted.
* Jet Airways buy call hits final tg 630
* HUL future sell call made low 466.50.
* Andhra Bank future sell call made low 107.70
RAYMOND FUTURE RISING WEDGE
SELL BELOW 376 FOR TARGETS 373/368 SL 380.45
* Sell Raymond future below 376
* Raymond future is making a Rising Wedge pattern on 5 minutes charts.
* Currently trading at 378.80
* Investors are advised to sell below 376, break out is yet to come.
* Targets are 373/368 and SL is recommended at 380.45.
* This is an intraday call as the pattern is forming on 5 minutes chart.
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