Trading calls for 07-06-2010

 Trading call for 07/06/2010

Short  sell calls.

SESAGOA                                                    

Sell at/below:  365.77 Stop losses: 370.56                

Targets: 361.18, 356.44, 351.74, 347.06, 342.42

POWERGRID,

Sell at/below: 105.06, Stop loss: 107.64,

Targets: 102.57, 100.05, 97.56, 95.11, 92.69

RCOM,

Sell at/below: 165.77, Stop loss: 169.00,

Targets: 162.64, 159.47, 156.33, 153.22, 150.14

RELINFRA,

Sell at/below: 1,105.56, Stop loss: 1,113.89,

Targets: 1,097.81, 1,089.54, 1,081.31, 1,073.10, 1,064.92

SIEMENS,

Sell at/below: 695.64, Stop loss: 702.25,

Targets: 689.41, 682.86, 676.34, 669.85, 663.39

IDFC,

Sell at/below: 162.56, Stop loss: 165.77,

Targets: 159.47, 156.33, 153.22, 150.14, 147.09

INDIANB,

Sell at/below: 228.77, Stop loss: 232.56,

Targets: 225.11, 221.38, 217.67, 214.00, 210.36

IVRCLINFRA,

Sell at/below: 175.56, Stop loss: 178.89,

Targets: 172.35, 169.08, 165.85, 162.64, 159.47

LT,

Sell at/below: 1,670.77, Stop loss: 1,681.00,

Targets: 1,661.39, 1,651.22, 1,641.07, 1,630.96, 1,620.87

ICICIBANK,

Sell at/below: 862.89, Stop loss: 870.25,

Targets: 855.99, 848.69, 841.42, 834.18, 826.98

BANKINDIA,

Sell at/below: 333.06, Stop loss: 337.64,

Targets: 328.68, 324.16, 319.68, 315.22, 310.80

BIOCON,

Sell at/below: 289.00, Stop loss: 293.27,

Targets: 284.91, 280.70, 276.53, 272.39, 268.27

MPHASIS,

Sell at/below: 570.02, Stop loss: 576.00,

Targets: 564.34, 558.42, 552.53, 546.66, 540.83

SUNPHARMA,

Sell at/below: 1,701.56, Stop loss: 1,711.89,

Targets: 1,692.11, 1,681.84, 1,671.60, 1,661.39, 1,651.22

ABAN,

Sell at/below: 695.64, Stop loss: 702.25,

Targets: 689.41, 682.86, 676.34, 669.85, 663.39

JINDALSWHL,

Sell at/below: 1,701.56, Stop loss: 1,711.89,

Targets: 1,692.11, 1,681.84, 1,671.60, 1,661.39, 1,651.22

Buy calls.

ASIANPAINT,

Buy at/above, 2150.64, Stop loss: 2139.06,

Targets: 2161.17, 2172.80, 2184.47, 2196.17, 2207.90

DABUR,

Buy at/above, 192.52, Stop loss: 189.06,

Targets: 195.90, 199.42, 202.96, 206.54, 210.14

* 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.

* Keep booking part profit at the given targets. All the targets may not be achieved.

* Avoid taking new position in first 30minutes to 1hr, and at last thirty minutes.

* Prefer to trade in the direction of the major market trend.