Wednesday, June 23, 2010

Trading call for 24-06-2010


YESBANK
Sell near:-280.56-Stop above:-282.59
Targets:-276.39-272.39-268.27-264.19-260.15
PIVOT:-275.40-RESISTANCE:-279.50-SUPPORT:-272.85
Camarilla:-R3:-278.78-S3:-275.12-

SAIL
Buy near:-199.52-Stop below:-197.81
Targets:-203.06-206.54-210.14-213.78-217.45
PIVOT:-199.88-RESISTANCE:-202.67-SUPPORT:-197.82
Camarilla:-R3:-201.93-S3:-199.27-

BANKBARODA
Sell below:-708.89-Stop above:-712.23
Targets:-702.60-695.99-689.41-682.86-676.34
PIVOT:-712.58-RESISTANCE:-718.17-SUPPORT:-705.67
Camarilla:-R3:-714.69-S3:-707.81-

BHARATFORG
Buy above:-293.27-Stop below:-291.13
Targets:-297.41-301.74-306.10-310.49-314.90
PIVOT:-290.63-RESISTANCE:-293.17-SUPPORT:-289.27
Camarilla:-R3:-292.87-S3:-290.73-

FINANTECH
Sell below:-1,350.56-Stop above:-1,355.16
Targets:-1,342.06-1,332.92-1,323.80-1,314.72-1,305.67
PIVOT:-1,353.55-RESISTANCE:-1,362.00-SUPPORT:-1,342.60
Camarilla:-R3:-1,356.39-S3:-1,345.71-

EDUCOMP
Sell below:-540.56-Stop above:-543.48
Targets:-535.03-529.26-523.53-517.82-512.15
PIVOT:-533.25-RESISTANCE:-551.50-SUPPORT:-522.65
Camarilla:-R3:-548.83-S3:-532.97-

SUZLON
Buy above:-58.14-Stop below:-57.20
Targets:-60.03-61.98-63.97-65.98-68.03
PIVOT:-57.15-RESISTANCE:-58.30-SUPPORT:-56.45
Camarilla:-R3:-58.11-S3:-57.09-

* Calls are for intraday trading only.
* Trade at your own risk. Keep strict stop loss.
* When the first target is reached trail the stop loss near buying price.
* Also trail the stop loss near your buying price after the price moves at halfway of the target.
* Keep booking part profit at the given targets. All the targets usually will not be achieved.
* Avoid taking new position in first 30 minutes and at last 30 minutes of trading session.
* Prefer to trade in the direction of the major market trend.
* Pivot, Resistance, Support of Floor pivot and R3, S3 of Camarilla can also be used as optional entry, stop loss and target points.

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