Trading call for 05-07-2010

Positional call.

MOTHERSUMI
Buy above:-149.99-Stop below:-148.50
Targets:-153.06-156.17-159.31-162.48-165.766

Intraday future call.

DRREDDY40388 Expiry:-29-Jul-2010
Sell below:-1,433.07-Stop above:-1,439.26
Targets:-1,427.20-1,417.76-1,408.36-1,398.99-1,389.64
PIVOT:-1,444.53-RESISTANCE:-1,454.12-SUPPORT:-1,430.37
Camarilla:-R3:-1,446.48-S3:-1,433.42-
OI:-1017750-Cont. Traded:-1000-Change in OI:-750

GTOFFSHORE40388 Expiry:-29-Jul-2010
Buy above:-452.01-Stop below:-448.91
Targets:-456.21-461.56-466.94-472.35-477.80
PIVOT:-449.10-RESISTANCE:-452.20-SUPPORT:-444.20
Camarilla:-R3:-449.50-S3:-445.10-
OI:-991000-Cont. Traded:-77-Change in OI:-11500

Intraday commodity call.

NATURALGAS-40386
Sell near:-221.27-Stop above:-223.08
Targets:-217.78-214.21-210.57-206.95-203.37
PIVOT:-221.03-RESISTANCE:-221.87-SUPPORT:-219.67
Camarilla:-R3:-221.11-S3:-219.89-

Intraday equity cash segment call.

JISLJALEQS
Sell below:-1,079.68-Stop above:-1,084.88
Targets:-1,074.17-1,065.99-1,057.83-1,049.71-1,041.62
PIVOT:-1,091.27-RESISTANCE:-1,122.83-SUPPORT:-1,055.53
Camarilla:-R3:-1,105.61-S3:-1,068.59-


BIOCON
Sell near:-319.52-Stop above:-321.68
Targets:-315.38-311.11-306.71-302.34-298.01
PIVOT:-320.13-RESISTANCE:-324.17-SUPPORT:-313.82
Camarilla:-R3:-320.70-S3:-315.00-

ONMOBILE
Sell below:-276.11-Stop above:-278.48
Targets:-272.66-268.54-264.46-260.41-256.38
PIVOT:-279.23-RESISTANCE:-283.02-SUPPORT:-274.62
Camarilla:-R3:-280.71-S3:-276.09-

JSWSTEEL
Sell below:-1,022.97-Stop above:-1,028.01
Targets:-1,017.54-1,009.58-1,001.64-993.74-985.87
PIVOT:-1,031.05-RESISTANCE:-1,042.10-SUPPORT:-1,015.10
Camarilla:-R3:-1,033.58-S3:-1,018.73-

POWERGRID
Buy above:-105.17-Stop below:-103.79
Targets:-107.48-110.08-112.72-115.39-118.09
PIVOT:-103.58-RESISTANCE:-104.07-SUPPORT:-102.92
Camarilla:-R3:-103.72-S3:-103.08-

KOTAKBANK
Buy above:-769.68-Stop below:-766.41
Targets:-776.63-783.61-790.62-797.66-777.016
PIVOT:-763.87-RESISTANCE:-771.03-SUPPORT:-751.83
Camarilla:-R3:-764.28-S3:-753.72-

PFC
Buy above:-297.86-Stop below:-295.41
Targets:-301.44-305.79-310.17-314.59-319.04
PIVOT:-295.98-RESISTANCE:-299.47-SUPPORT:-291.87
Camarilla:-R3:-297.44-S3:-293.26-

UCOBANK
Sell below:-76.48-Stop above:-77.66
Targets:-74.50-72.36-70.25-68.16-66.11
PIVOT:-78.02-RESISTANCE:-78.48-SUPPORT:-77.33
Camarilla:-R3:-78.12-S3:-77.48-

BHUSANSTL
Sell below:-1,414.22-Stop above:-1,420.35
Targets:-1,408.36-1,398.99-1,389.64-1,380.33-1,371.05
PIVOT:-1,420.97-RESISTANCE:-1,431.83-SUPPORT:-1,405.13
Camarilla:-R3:-1,423.34-S3:-1,408.66-

HEROHONDA
Sell below:-2,011.74-Stop above:-2,019.38
Targets:-2,005.57-1,994.38-1,983.22-1,972.10-1,961.00
PIVOT:-2,026.37-RESISTANCE:-2,037.73-SUPPORT:-2,011.63
Camarilla:-R3:-2,030.18-S3:-2,015.82-

* 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.