Intraday Trading Strategy – 1

Bharat Forge Limited

Buy Bharat Forge Limited at / above 1225 Target 1233.14 – 1241.94 – 1250.76 – 1259.61

Stop loss — 1216.26

Sell Bharat Forge Limited at / below 1216.26 Target 1208.16 – 1199.49 – 1190.84 – 1182.23

Stop loss — 1225

 

Intraday Trading Strategy – 2

Jet Airways India Limited

Buy Jet Airways India Limited at / above 500.64 Target 505.99 – 511.63 – 517.3 – 523

Stop loss — 495.06

Sell Jet Airways India Limited at / below 495.06 Target 489.76 – 484.24 – 478.75 – 473.29

Stop loss — 500.64

 

Intraday Trading Strategy – 3

Reliance Infrastructure Limited

Buy Reliance Infrastructure Limited at / above 467.64 Target 472.82 – 478.27 – 483.75 – 489.27

Stop loss — 462.25

Sell Reliance Infrastructure Limited at / below 462.25 Target 457.11 – 451.78 – 446.48 – 441.22

Stop loss — 467.64

 

Intraday Trading Strategy – 4

Bharat Financial Inclusion Ltd

Buy Bharat Financial Inclusion Ltd at / above 930.25 Target 937.42 – 945.08 – 952.78 – 960.51

Stop loss — 922.64

Sell Bharat Financial Inclusion Ltd at / below 922.64 Target 915.52 – 907.96 – 900.45 – 892.96

Stop loss — 930.25

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Bharat Forge Limited,Jet Airways India Limited,Reliance Infrastructure Limited,Bharat Financial Inclusion 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.