Wednesday, July 14, 2010

Trading call for 15-07-2010


Intraday equity cash segment call.

JPASSOCIAT
Buy above:-132.38-Stop below:-130.82
Targets:-134.94-137.86-140.80-143.78-146.80
PIVOT:-130.13-RESISTANCE:-131.37-SUPPORT:-128.27
Camarilla:-R3:-130.35-S3:-128.65-

ABAN
Sell below:-862.02-Stop above:-866.57
Targets:-856.85-849.54-842.26-835.02-827.80
PIVOT:-875.03-RESISTANCE:-885.47-SUPPORT:-857.57
Camarilla:-R3:-875.67-S3:-860.33-

UNIONBANK
Buy above:-315.38-Stop below:-312.85
Targets:-319.04-323.51-328.02-332.56-337.13
PIVOT:-312.88-RESISTANCE:-315.02-SUPPORT:-310.87
Camarilla:-R3:-314.14-S3:-311.86-

RELMEDIA
Sell near:-217.56-Stop above:-219.36
Targets:-214.10-210.57-206.95-203.37-199.81
PIVOT:-220.28-RESISTANCE:-223.57-SUPPORT:-213.77
Camarilla:-R3:-219.75-S3:-214.36-

PNB
Sell near:-1,056.25-Stop above:-1,060.05
Targets:-1,049.19-1,041.62-1,033.56-1,025.54-1,017.54
PIVOT:-1,056.58-RESISTANCE:-1,068.02-SUPPORT:-1,040.77
Camarilla:-R3:-1,059.69-S3:-1,044.71-

LICHSGFIN
Buy above:-1009.07-Stop below:-1,004.10
Targets:-1014.49-1022.46-1030.47-1038.50-1046.57
PIVOT:-1,007.73-RESISTANCE:-1,018.07-SUPPORT:-991.92
Camarilla:-R3:-1,009.44-S3:-995.06-

GTOFFSHORE                                                         
Buy above:      451.34 Stop below:     448.80            
Targets:           456.66 462.02 467.41 472.83 487.262
PIVOT:           444.55 RESISTANCE:          451.95 SUPPORT:     437.10
Camarilla:        R3:      448.58 S3:       440.42

* 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.

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