Wednesday, September 15, 2010

Trading call for 16-09-2010

Intraday equity cash segment call.

HINDUNILVR
Buy near:-276.39-Stop below:-274.39
Targets:-280.28-284.34-288.57-292.83-297.12
PIVOT:-278.50-RESISTANCE:-280.40-SUPPORT:-276.15
Camarilla:-R3:-279.22-S3:-276.88-

ORIENTBANK
Buy above:-468.11-Stop below:-464.95
Targets:-472.35-477.80-483.27-488.78-494.32
PIVOT:-465.90-RESISTANCE:-471.80-SUPPORT:-458.00
Camarilla:-R3:-467.69-S3:-460.10-

ORIENTBANK
Sell below:-461.78-Stop above:-464.95
Targets:-457.58-452.24-446.94-441.66-436.42
PIVOT:-465.90-RESISTANCE:-471.80-SUPPORT:-458.00
Camarilla:-R3:-467.69-S3:-460.10-

RANBAXY
Buy near:-500.64-Stop below:-497.98
Targets:-505.74-511.12-516.79-522.48-528.21
PIVOT:-506.20-RESISTANCE:-509.30-SUPPORT:-502.90
Camarilla:-R3:-507.76-S3:-504.24-

HCC
Buy near:-64.00-Stop below:-63.02
Targets:-65.95-67.96-70.04-72.14-74.28
PIVOT:-64.00-RESISTANCE:-64.65-SUPPORT:-63.40
Camarilla:-R3:-64.39-S3:-63.71-

* 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.