Month: September 2017

FreeStockAnalysis Ceat Limited,Tata Steel Limited

Intraday Trading Strategy – 1


Ceat Limited

Buy Ceat Limited at / above 1785.06 Target 1794.74 – 1805.34 – 1815.98 – 1826.64

Stop loss — 1774.51

Sell Ceat Limited at / below 1774.51 Target 1764.88 – 1754.39 – 1743.93 – 1733.5

Stop loss — 1785.06

 

Intraday Trading Strategy – 2


Tata Steel Limited

Buy Tata Steel Limited at / above 682.51 Target 688.71 – 695.29 – 701.89 – 708.53

Stop loss — 676

Sell Tata Steel Limited at / below 676 Target 669.85 – 663.39 – 656.96 – 650.57

Stop loss — 682.51

 

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Ceat Limited,Tata Steel Limited based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.

 

FreeStockAnalysis Tata Motors Limited,Biocon Ltd

Intraday Trading Strategy – 1


Tata Motors Limited

Buy Tata Motors Limited at / above 405.01 Target 409.85 – 414.93 – 420.03 – 425.17

Stop loss — 400

Sell Tata Motors Limited at / below 400 Target 395.21 – 390.25 – 385.33 – 380.44

Stop loss — 405.01

 

Intraday Trading Strategy – 2


Biocon Ltd

Buy Biocon Ltd at / above 361 Target 365.58 – 370.37 – 375.2 – 380.05

Stop loss — 356.26

Sell Biocon Ltd at / below 356.26 Target 351.73 – 347.06 – 342.42 – 337.8

Stop loss — 361

 

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Tata Motors Limited,Biocon Ltd based on the previous trading day’s price activity.

Intraday call is valid for the next trading session only unless otherwise mentioned.

Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.

Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.