Trading call for 23-07-2010

Intraday equity cash segment call.

TITAN

Buy above:-2732.79-Stop below:-2,723.54

Targets:-2739.03-2752.12-2765.24-2778.39-2791.57

PIVOT:-2,716.83-RESISTANCE:-2,763.17-SUPPORT:-2,683.67

Camarilla:-R3:-2,751.86-S3:-2,708.14-

ULTRACEMCO

Buy above:-841.84-Stop below:-837.38

Targets:-846.99-854.28-861.60-868.95-876.32

PIVOT:-844.00-RESISTANCE:-852.00-SUPPORT:-831.10

Camarilla:-R3:-844.85-S3:-833.35-

ONGC

Buy above:-1279.34-Stop below:-1,273.60

Targets:-1285.09-1294.06-1303.06-1312.09-1321.16

PIVOT:-1,271.37-RESISTANCE:-1,284.88-SUPPORT:-1,261.03

Camarilla:-R3:-1,281.11-S3:-1,267.99-

POLARIS

Buy above:-185.83-Stop below:-183.95

Targets:-188.78-192.23-195.71-199.22-202.76

PIVOT:-184.37-RESISTANCE:-186.63-SUPPORT:-182.73

Camarilla:-R3:-186.07-S3:-183.93-

KFA

Sell near:-54.36-Stop above:-55.29

Targets:-52.56-50.77-49.02-47.29-45.59

PIVOT:-51.48-RESISTANCE:-53.87-SUPPORT:-49.62

Camarilla:-R3:-53.17-S3:-50.83-

BPCL

Sell below:-636.92-Stop above:-640.73

Targets:-632.21-625.94-619.69-613.48-607.30

PIVOT:-643.20-RESISTANCE:-648.80-SUPPORT:-633.40

Camarilla:-R3:-643.24-S3:-634.76-

* 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.