Trading call for 07-07-2010

Intraday equity cash segment call.

TATACHEM
Buy above:-328.84-Stop below:-326.26
Targets:-332.56-337.13-341.74-346.37-351.04
PIVOT:-325.17-RESISTANCE:-327.43-SUPPORT:-322.43
Camarilla:-R3:-326.07-S3:-323.32-

CESC
Buy above:-380.63-Stop below:-377.82
Targets:-384.56-389.48-394.42-399.40-404.41
PIVOT:-377.08-RESISTANCE:-382.17-SUPPORT:-372.62
Camarilla:-R3:-380.33-S3:-375.07-

RANBAXY
Buy above:-462.71-Stop below:-459.57
Targets:-466.94-472.35-477.80-483.27-488.78
PIVOT:-460.55-RESISTANCE:-463.00-SUPPORT:-458.20
Camarilla:-R3:-461.97-S3:-459.33-

ABIRLANUVO
Buy above:-770.83-Stop below:-766.60
Targets:-775.85-782.82-789.83-796.87-803.93
PIVOT:-766.22-RESISTANCE:-774.43-SUPPORT:-759.43
Camarilla:-R3:-771.77-S3:-763.52-

ADANIENT
Sell below:-528.47-Stop above:-531.88
Targets:-524.05-518.34-512.66-507.01-501.39
PIVOT:-534.80-RESISTANCE:-540.40-SUPPORT:-527.90
Camarilla:-R3:-536.94-S3:-530.06-

GSPL
Sell below:-102.41-Stop above:-103.79
Targets:-100.15-97.66-95.21-92.78-90.39
PIVOT:-104.68-RESISTANCE:-105.37-SUPPORT:-103.52
Camarilla:-R3:-104.71-S3:-103.69-


* 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.