Trading call for 08-07-2010

Intraday equity cash segment call.

ACC
Buy above:-856.42-Stop below:-851.91
Targets:-861.60-868.95-876.32-883.74-891.18
PIVOT:-854.50-RESISTANCE:-858.50-SUPPORT:-849.00
Camarilla:-R3:-855.61-S3:-850.39-

DABUR
Buy above:-210.46-Stop below:-208.45
Targets:-213.57-217.24-220.93-224.66-228.42
PIVOT:-206.83-RESISTANCE:-210.37-SUPPORT:-204.77
Camarilla:-R3:-209.84-S3:-206.76-

GRASIM
Sell below:-1,815.06-Stop above:-1,822.23
Targets:-1,808.96-1,798.33-1,787.74-1,777.18-1,766.65
PIVOT:-1,818.37-RESISTANCE:-1,831.63-SUPPORT:-1,806.73
Camarilla:-R3:-1,826.85-S3:-1,813.15-

HDFC
Sell near:-2,916.00-Stop above:-2,922.03
Targets:-2,905.42-2,893.40-2,879.96-2,866.54-2,853.17
PIVOT:-2,916.90-RESISTANCE:-2,937.10-SUPPORT:-2,883.80
Camarilla:-R3:-2,918.66-S3:-2,889.34-

* 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.