Intraday Trading Strategy – 1

Dabur India Limited

Buy Dabur India Limited at / above 252.01 Target 255.87 – 259.88 – 263.93 – 268

Stop loss — 248.06

Sell Dabur India Limited at / below 248.06 Target 244.26 – 240.37 – 236.5 – 232.67

Stop loss — 252.01

 

Intraday Trading Strategy – 2

Tech Mahindra Limited

Buy Tech Mahindra Limited at / above 467.64 Target 472.82 – 478.27 – 483.75 – 489.27

Stop loss — 462.25

Sell Tech Mahindra Limited at / below 462.25 Target 457.11 – 451.78 – 446.48 – 441.22

Stop loss — 467.64

 

Intraday Trading Strategy – 3

Bata India Limited

Buy Bata India Limited at / above 506.25 Target 511.63 – 517.3 – 523 – 528.73

Stop loss — 500.64

Sell Bata India Limited at / below 500.64 Target 495.31 – 489.76 – 484.24 – 478.75

Stop loss — 506.25

 

Intraday Trading Strategy – 4

Yes Bank Limited

Buy Yes Bank Limited at / above 862.89 Target 869.81 – 877.2 – 884.61 – 892.06

Stop loss — 855.56

Sell Yes Bank Limited at / below 855.56 Target 848.68 – 841.42 – 834.18 – 826.97

Stop loss — 862.89

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Dabur India Limited,Tech Mahindra Limited,Bata India Limited,Yes Bank 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.