1. SHAH ADVISORY
Daily Morning
Newsletter
04-01-2013
Vivek A. Shah
2013
WWW.SHAHADVISORY.COM

2. Friday, 04th January 2013  - www.shahadvisory.com
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Shah Advisory – Daily Morning Newsletter
BSE Sensex – 19764.78
TREND / PERIOD DAILY WEEKLY MONTHLY
DIRECTION UP UP UP
Trend Change Level 19480 19000 17900
(Closing Basis)
Overall trend is positive. We may see slight pause around 19800-19820 levels but overall markets is
having strength on positive side.
Overall trend is positive. As mentioned, we are expecting levels of 19800-19820 & we will see
whether it sustains above it on closing basis or not. If it sustains on closing basis above 19800, we
may see further rise in the index to the level of 20500 on SENSEX.
S&P 500(USA) – 1462.42
Taking support around 1400 levels as mentioned. Now this rally may continue up to the levels of
around 1450.
It is advised to book profit around this level. Fresh entry will be informed.
AXIS BANK – 1389.95
Overall trend is positive. Our stop loss triggered in AXIS Bank so exited from the position. Intraday to
short term traders may look for buying above 1395.50 & in dip to 1377.
Overall trend is positive. Our buying level of 1395.50 attained so hold long position with the stop loss
of 1372 & look for the higher levels of around 1428 to book full profit.
ICICI BANK – 1172.05
Overall trend is positive. All of our targets attained in the long call of ICICI Bank. It made a high of
1177 & we advised to book full profit around 1174. Now any dip to 1164-1166 to be used to go long
in the stock.
Overall trend is positive. We advised to go long around 1164-1166 which attained in the trade. Now
look for the levels of around 1185-1190 to book full profit keeping stop loss at 1155.
RELIANCE INDUSTRIES – 860.75
Overall trend looks positive. Our buying level of 851 attained in the trade. Long positions need to
hold with the stop loss of 841 & look for the higher levels of 860 to book full profit.
Overall trend is positive. Our target of 860 attained. Anyone still holding the long position can keep
stop loss at 852 & look for the higher levels of 870-872 to book full profit.
TATA MOTORS – 318.10
Overall trend is positive. It almost attained our first target of 321. Those who have not booked profit
can hold long position with the stop loss of 315 and book full profit around 324.
Overall trend is positive. Those who are holding long position need to trail stop loss to 316 and look
for booking profit around 324 levels. Below 316, we may see the levels of 313-311.
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3. Friday, 04th January 2013  - www.shahadvisory.com
Follow us on Twitter - @equityadvisory
Shah Advisory – Daily Morning Newsletter
TATA STEEL – 442.30
Overall trend is positive. It made a high of 443.75 and closed at 438.15. Now those who have not
booked profit in the stock can trail stop loss to 435 & book full profits around 445 levels.
Overall trend is positive. It almost attained our target of 445 as made a high of 444.60. now fresh
entry can be taken above 446 levels.
SBI – 2471.60
Overall trend is positive. On our long call, SBI made a high of 2464, just near to second target. So it is
advised to book profit as mentioned. Fresh call will be updated.
Overall trend is positive. Look for buying around 2465 levels & keep stop loss of 2440 and look for
the higher levels of 2490-2498 to book full profit.
USDINR – SPOT – 54.5050
Overall trend is positive. It is advised to long between 54.15-54.04 range. We are expecting bounce
from these levels till 54.50. Keep stop loss of 53.89 for the position.
Overall trend is positive. Keep watch on levels of 54.15-54.04 to go long. For intraday, buying can be
initiated around current level keeping stop loss of 54.40 for the expected levels of 54.65-54.70 on
higher side.
Stocks with Positive Breakout
Stock Name Buying Range
Ambuja Cement 209.10-209.20
Anantraj Ind. 100.05-100.15
MTNL 28.45-28.50
TCS 1280-1282
Stocks with Negative Breakout
Stock Name Selling Range
Sun Pharma 729-729.50
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