Trading call for 27-07-2010

Intraday equity cash segment call.

GESHIP

Sell below:-280.28-Stop above:-282.66

Targets:-276.81-272.66-268.54-264.46-260.41

PIVOT:-283.65-RESISTANCE:-285.35-SUPPORT:-282.05

Camarilla:-R3:-284.66-S3:-282.84-

RELIANCE

Buy above:-1057.31-Stop below:-1,052.20

Targets:-1062.79-1070.95-1079.15-1087.37-1095.62

PIVOT:-1,056.57-RESISTANCE:-1,062.88-SUPPORT:-1,045.73

Camarilla:-R3:-1,056.77-S3:-1,047.33-

APIL

Sell near:-688.72-Stop above:-692.01

Targets:-682.52-676.00-669.85-663.39-656.97

PIVOT:-689.72-RESISTANCE:-700.38-SUPPORT:-670.43

Camarilla:-R3:-689.34-S3:-672.86-

HDFCBANK

Buy above:-2060.95-Stop below:-2,053.23

Targets:-2067.15-2078.52-2089.92-2101.36-2112.83

PIVOT:-2,049.32-RESISTANCE:-2,064.48-SUPPORT:-2,038.83

Camarilla:-R3:-2,061.05-S3:-2,046.95-

* 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.