Special Report by www.epicresearch.co- 21th March 2013

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Indore, India (prHWY.com) March 21, 2013 - HEADLINE

* Nifty traded negative and ended in red on Wednesday.
* Nifty Future ended 36.40 points down at 5715.50
* JSW Steel future sell call hits final tg 643, low 634 and Ranbaxy future sell call executed today.
* Investors are advised to book profit in JSW Steel future and take position in fresh calls provided below.
* Buy ITC future above 309.50 for targets 312.50/317 with sl 304.45
* Buy IBReal future above 56 for targets 56.75/58.50 with sl 54.45

Past Performance:

* JSW Steel future hits final tg 643, low 634.
* 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.

ITC FUTURE - RISING CHANNEL

BUY ABOVE 309.50 FOR TARGETS 312.50/317 SL304.45


* Buy ITC future above 309.50.
* ITC future is making a Rising Channel pattern on 15 minutes charts.
* Currently trading at 308.40.
* Investor's are advised to buy above 309.50, break out is yet to come.
* Targets are 312.50/317 and SL at 304.45.
* This is an intraday call as the pattern is forming on 15 minutes chart.


IBREAL FUTURE - FALLING WEDGE PATTERN

BUY ABOVE 56 FOR TARGETS 56.75/58.50 SL 54.45


* Buy IBReal future above 56.
* IBReal future is making Falling Wedge pattern on 15 minutes chart.
* Currently trading at 55.35.
* Investors' are advised to buy above 56 for targets 56.75/58.50, Breakout is yet to come.
* Targets are 56.75/58.50 and SL is to be followed 54.45

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