FreeStockAnalysis Cipla Ltd,Biocon Ltd,Dewan Housing Finance Corporation Ltd,Bharat Financial Inclusion Ltd

Intraday Trading Strategy – 1


Cipla Ltd

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

Stop loss — 588.06

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

Stop loss — 594.14

 

Intraday Trading Strategy – 2


Biocon Ltd

Buy Biocon Ltd at / above 365.76 Target 370.37 – 375.2 – 380.05 – 384.94

Stop loss — 361

Sell Biocon Ltd at / below 361 Target 356.44 – 351.73 – 347.06 – 342.42

Stop loss — 365.76

 

Intraday Trading Strategy – 3


Dewan Housing Finance Corporation Ltd

Buy Dewan Housing Finance Corporation Ltd at / above 594.14 Target 599.94 – 606.08 – 612.25 – 618.45

Stop loss — 588.06

Sell Dewan Housing Finance Corporation Ltd at / below 588.06 Target 582.3 – 576.28 – 570.3 – 564.34

Stop loss — 594.14

 

Intraday Trading Strategy – 4


Bharat Financial Inclusion Ltd

Buy Bharat Financial Inclusion Ltd at / above 968.76 Target 976.07 – 983.89 – 991.75 – 999.64

Stop loss — 961

Sell Bharat Financial Inclusion Ltd at / below 961 Target 953.74 – 946.03 – 938.35 – 930.71

Stop loss — 968.76

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Cipla Ltd,Biocon Ltd,Dewan Housing Finance Corporation Ltd,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.

 

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