Tuesday, July 27, 2010

Trading call for 28-07-2010


Intraday equity cash segment call.

VIDEOIND
Buy near:-213.89-Stop below:-212.12
Targets:-217.34-220.93-224.66-228.42-232.21
PIVOT:-213.87-RESISTANCE:-215.43-SUPPORT:-212.68
Camarilla:-R3:-215.01-S3:-213.49-

DRREDDY
Sell near:-1,349.89-Stop above:-1,354.49
Targets:-1,341.39-1,332.25-1,323.80-1,314.72-1,305.67
PIVOT:-1,328.15-RESISTANCE:-1,352.85-SUPPORT:-1,315.30
Camarilla:-R3:-1,350.33-S3:-1,329.67-

TRIVENI
Sell near:-102.52-Stop above:-103.76
Targets:-100.10-97.66-95.21-92.78-90.39
PIVOT:-101.03-RESISTANCE:-101.97-SUPPORT:-99.87
Camarilla:-R3:-101.38-S3:-100.22-

SAIL
Buy near:-206.64-Stop below:-204.90
Targets:-210.04-213.57-217.24-220.93-224.66
PIVOT:-207.50-RESISTANCE:-208.85-SUPPORT:-205.35
Camarilla:-R3:-207.66-S3:-205.74-

POLARIS
Buy above:-185.83-Stop below:-183.95
Targets:-188.78-192.23-195.71-199.22-202.76
PIVOT:-182.50-RESISTANCE:-183.90-SUPPORT:-181.10
Camarilla:-R3:-183.27-S3:-181.73-

RELIANCE
Buy above:-1057.31-Stop below:-1,052.20
Targets:-1062.79-1070.95-1079.15-1087.37-1095.62
PIVOT:-1,055.08-RESISTANCE:-1,059.07-SUPPORT:-1,049.02
Camarilla:-R3:-1,055.76-S3:-1,050.24-

ULTRACEMCO
Sell near:-855.13-Stop above:-858.80
Targets:-848.27-841.00-834.18-826.98-819.80
PIVOT:-839.13-RESISTANCE:-853.87-SUPPORT:-830.27
Camarilla:-R3:-851.49-S3:-838.51-

* 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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