Intraday Trading Strategy – 1

Century Textile and Industries Ltd

Buy Century Textile and Industries Ltd at / above 1369 Target 1377.57 – 1386.86 – 1396.19 – 1405.54

Stop loss — 1359.76

Sell Century Textile and Industries Ltd at / below 1359.76 Target 1351.23 – 1342.06 – 1332.91 – 1323.8

Stop loss — 1369

 

Intraday Trading Strategy – 2

TVS Motor Company Limited

Buy TVS Motor Company Limited at / above 695.64 Target 701.89 – 708.53 – 715.2 – 721.9

Stop loss — 689.06

Sell TVS Motor Company Limited at / below 689.06 Target 682.85 – 676.33 – 669.85 – 663.39

Stop loss — 695.64

 

Intraday Trading Strategy – 3

Cipla Limited

Buy Cipla Limited at / above 594.14 Target 599.94 – 606.08 – 612.25 – 618.45

Stop loss — 588.06

Sell Cipla Limited at / below 588.06 Target 582.3 – 576.28 – 570.3 – 564.34

Stop loss — 594.14

 

Intraday Trading Strategy – 4

Bharat Forge Limited

Buy Bharat Forge Limited at / above 663.06 Target 669.18 – 675.66 – 682.17 – 688.71

Stop loss — 656.64

Sell Bharat Forge Limited at / below 656.64 Target 650.57 – 644.21 – 637.88 – 631.58

Stop loss — 663.06

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Century Textile and Industries Ltd,TVS Motor Company Limited,Cipla Limited,Bharat Forge 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.