Intraday Trading Strategy – 1

Century Textiles and Industries Limited

Buy Century Textiles and Industries Limited at / above 1287.01 Target 1295.35 – 1304.36 – 1313.4 – 1322.47

Stop loss — 1278.06

Sell Century Textiles and Industries Limited at / below 1278.06 Target 1269.77 – 1260.88 – 1252.01 – 1243.18

Stop loss — 1287.01

 

Intraday Trading Strategy – 2

Bata India Limited

Buy Bata India Limited at / above 763.14 Target 769.67 – 776.62 – 783.6 – 790.62

Stop loss — 756.25

Sell Bata India Limited at / below 756.25 Target 749.76 – 742.93 – 736.13 – 729.36

Stop loss — 763.14

 

Intraday Trading Strategy – 3

Tata Motors Limited

Buy Tata Motors Limited at / above 425.39 Target 430.34 – 435.54 – 440.77 – 446.04

Stop loss — 420.25

Sell Tata Motors Limited at / below 420.25 Target 415.34 – 410.26 – 405.21 – 400.2

Stop loss — 425.39

 

Intraday Trading Strategy – 4

Aurobindo Pharma Limited

Buy Aurobindo Pharma Limited at / above 735.76 Target 742.19 – 749.01 – 755.87 – 762.75

Stop loss — 729

Sell Aurobindo Pharma Limited at / below 729 Target 722.62 – 715.92 – 709.24 – 702.6

Stop loss — 735.76

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Century Textiles and Industries Limited,Bata India Limited,Tata Motors Limited,Aurobindo Pharma 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.