Intraday Trading Strategy – 1

GAIL India Limited

Buy GAIL India Limited at / above 405.01 Target 409.85 – 414.93 – 420.03 – 425.17

Stop loss — 400

Sell GAIL India Limited at / below 400 Target 395.21 – 390.25 – 385.33 – 380.44

Stop loss — 405.01

 

Intraday Trading Strategy – 2

Cipla Ltd

Buy Cipla Ltd at / above 588.06 Target 593.84 – 599.94 – 606.08 – 612.25

Stop loss — 582.01

Sell Cipla Ltd at / below 582.01 Target 576.28 – 570.3 – 564.34 – 558.41

Stop loss — 588.06

 

Intraday Trading Strategy – 3

Century Textiles and Industries Limited

Buy Century Textiles and Industries Limited at / above 1225 Target 1233.14 – 1241.94 – 1250.76 – 1259.61

Stop loss — 1216.26

Sell Century Textiles and Industries Limited at / below 1216.26 Target 1208.16 – 1199.49 – 1190.84 – 1182.23

Stop loss — 1225

 

Intraday Trading Strategy – 4

Reliance Infrastructure Limited

Buy Reliance Infrastructure Limited at / above 467.64 Target 472.82 – 478.27 – 483.75 – 489.27

Stop loss — 462.25

Sell Reliance Infrastructure Limited at / below 462.25 Target 457.11 – 451.78 – 446.48 – 441.22

Stop loss — 467.64

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis GAIL India Limited,Cipla Ltd,Century Textiles and Industries Limited,Reliance Infrastructure 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.