Intraday Trading Strategy – 1
Dabur India Limited
Buy Dabur India Limited at / above 268.14 Target 272.11 – 276.25 – 280.42 – 284.62
Stop loss — 264.06
Sell Dabur India Limited at / below 264.06 Target 260.14 – 256.12 – 252.14 – 248.18
Stop loss — 268.14
Intraday Trading Strategy – 2
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 – 3
Wipro Limited
Buy Wipro Limited at / above 606.39 Target 612.25 – 618.45 – 624.68 – 630.94
Stop loss — 600.25
Sell Wipro Limited at / below 600.25 Target 594.43 – 588.35 – 582.3 – 576.28
Stop loss — 606.39
Intraday Trading Strategy – 4
Just Dial Limited
Buy Just Dial Limited at / above 885.06 Target 892.06 – 899.55 – 907.06 – 914.6
Stop loss — 877.64
Sell Just Dial Limited at / below 877.64 Target 870.68 – 863.32 – 855.99 – 848.68
Stop loss — 885.06
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Dabur India Limited,Tata Motors Limited,Wipro Limited,Just Dial 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.