Wednesday, July 21, 2010

Trading call for 22-07-2010


Intraday equity cash segment call.

PATELENG
Buy above:-425.82-Stop below:-422.82
Targets:-429.92-435.11-440.34-445.60-450.89
PIVOT:-420.80-RESISTANCE:-425.10-SUPPORT:-417.15
Camarilla:-R3:-423.64-S3:-419.26-

JPASSOCIAT
Buy near:-126.56-Stop below:-125.20
Targets:-129.26-132.05-134.94-137.86-140.80
PIVOT:-128.17-RESISTANCE:-128.83-SUPPORT:-127.33
Camarilla:-R3:-128.41-S3:-127.59-

ULTRACEMCO
Buy near:-848.27-Stop below:-844.84
Targets:-854.71-861.60-868.95-876.32-883.74
PIVOT:-847.35-RESISTANCE:-855.65-SUPPORT:-841.70
Camarilla:-R3:-853.84-S3:-846.16-

DIVISLAB
Sell near:-770.06-Stop above:-773.34
Targets:-763.90-757.38-750.52-743.68-736.87
PIVOT:-770.75-RESISTANCE:-775.00-SUPPORT:-765.60
Camarilla:-R3:-772.44-S3:-767.26-

LICHSGFIN
Sell below:-1,039.01-Stop above:-1,044.10
Targets:-1,033.56-1,025.54-1,017.54-1,009.58-1,001.64
PIVOT:-1,039.07-RESISTANCE:-1,050.63-SUPPORT:-1,030.33
Camarilla:-R3:-1,047.48-S3:-1,036.32-

VIJAYABANK
Sell below:-70.07-Stop above:-71.20
Targets:-68.16-66.11-64.10-62.11-60.15
PIVOT:-70.13-RESISTANCE:-71.07-SUPPORT:-69.32
Camarilla:-R3:-70.73-S3:-69.77-

* 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