Trading call for 29-06-2010

Intraday future call.

CIPLA40388 Expiry:-29-Jul-2010

Buy above:-351.91-Stop below:-349.23

Targets:-355.73-360.46-365.22-370.01-374.83

PIVOT:-348.33-RESISTANCE:-352.12-SUPPORT:-344.47

Camarilla:-R3:-350.35-S3:-346.15-

OI:-2565000-Cont. Traded:-1247-Change in OI:-91000

Intraday equity cash segment call.

SCI

Sell below:-162.40-Stop above:-164.16

Targets:-159.63-156.48-153.37-150.29-147.24

PIVOT:-162.58-RESISTANCE:-164.62-SUPPORT:-161.02

Camarilla:-R3:-164.04-S3:-162.06-

ULTRACEMCO

Sell below:-921.71-Stop above:-926.45

Targets:-916.44-908.88-901.35-893.85-886.39

PIVOT:-901.12-RESISTANCE:-953.73-SUPPORT:-871.23

Camarilla:-R3:-946.54-S3:-901.16-

                                                           

                                                           

* Calls under Intraday category are for intraday trading only.

* Trade at your own risk. Keep strict stop loss.

* When the first target is reached or price moves half way to the target, trail the stop loss near buying price.

* 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.