Monday, July 12, 2010

Trading call for 13-07-2010

Positional call.

FSL
Buy near:-28.89-Stop below:-27.25
Targets:-30.22-31.59-33.01-34.46-35.95

Intraday equity cash segment call.

GAIL
Buy above:-468.11-Stop below:-464.95
Targets:-472.35-477.80-483.27-488.78-494.32
PIVOT:-468.13-RESISTANCE:-472.12-SUPPORT:-460.67
Camarilla:-R3:-467.80-S3:-461.50-

BEML
Buy near:-992.25-Stop below:-988.57
Targets:-999.14-1,006.55-1,014.49-1,022.46-1,030.47
PIVOT:-1,002.02-RESISTANCE:-1,007.03-SUPPORT:-993.03
Camarilla:-R3:-1,001.90-S3:-994.20-

ICSA
Buy near:-147.02-Stop below:-145.54
Targets:-149.91-152.91-156.02-159.15-162.32
PIVOT:-147.88-RESISTANCE:-151.62-SUPPORT:-145.02
Camarilla:-R3:-150.57-S3:-146.94-

YESBANK
Sell below:-284.48-Stop above:-286.88
Targets:-280.98-276.81-272.66-268.54-264.46
PIVOT:-286.83-RESISTANCE:-289.57-SUPPORT:-282.67
Camarilla:-R3:-287.30-S3:-283.50-

* 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.

No comments:

Post a Comment