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15TH April 2013

DAILY CHARTIST

VIEW

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HIGHLIGHTS

A

Highlights

Nifty traded higher and ended in green on Wednesday.

Nifty Future ended 63.60 points down at 5558.70

Dabur India future sell call hits 1st tg 142.50, low of

140.85 and Bajaj Auto future remained unexecuted.

Investors are advised to book profit in Dabur India

future and take position in fresh calls provided below.

Buy Union bank of India below 219 for targets 221/223

sl 217Buy Tata Power above 95.75 for targets 96.75/97.75 with

sl 94.

Past Performance:

Hexaware hit 1st target.

HCL tech hit both targets

Infosys future hits 1st tg 2855

Bajaj Auto future hits 1st tg 1805.

Sesa Goa hit 1st tgt.

IBReal future hits 1st tg 56.75.

JSW Steel future hits final tg 643, low 634.

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Buy Union Bank of India above 219.

Union bank of india has made double bottom on Hourly

charts.

Currently trading at 218.70.

Investors are advised to buy above 220/222, break out

has come.

Targets are 220/222 and SL at 217

This is an intra day day call as the pattern is forming onhourly chart

UNION BANK OF INDIA DOUBLE BOTTOM

BUY ABOVE 219 FOR TARGETS 221/223 SL 217

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Buy above 95.75.

TATA POWER is making double bottom on 15 min

chart.

Currently trading at 95.35

Investors are advised to buy above 95.75 for targets

96.75/97.75, Breakout has come.

Targets are 96.75/97.75 and SL is to be followed 94.

TATA POWER DOUBLE BOTTOM

BUY ABOVE 95.75 FOR TARGETS 96.75/97.50 SL 94

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