Intraday Trading Strategy – 1

Granules India Limited

Buy Granules India Limited at / above 129.39 Target 132.18 – 135.07 – 137.99 – 140.94

Stop loss — 126.56

Sell Granules India Limited at / below 126.56 Target 123.82 – 121.06 – 118.32 – 115.62

Stop loss — 129.39

 

Intraday Trading Strategy – 2

Petronet LNG Limited

Buy Petronet LNG Limited at / above 232.56 Target 236.27 – 240.12 – 244.01 – 247.93

Stop loss — 228.76

Sell Petronet LNG Limited at / below 228.76 Target 225.11 – 221.37 – 217.67 – 213.99

Stop loss — 232.56

 

Intraday Trading Strategy – 3

Zee Entertainment Enterprises Limited

Buy Zee Entertainment Enterprises Limited at / above 523.26 Target 528.73 – 534.49 – 540.29 – 546.11

Stop loss — 517.56

Sell Zee Entertainment Enterprises Limited at / below 517.56 Target 512.14 – 506.5 – 500.89 – 495.31

Stop loss — 523.26

 

Intraday Trading Strategy – 4

Infosys Limited

Buy Infosys Limited at / above 915.06 Target 922.17 – 929.78 – 937.42 – 945.08

Stop loss — 907.51

Sell Infosys Limited at / below 907.51 Target 900.45 – 892.96 – 885.5 – 878.07

Stop loss — 915.06

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Granules India Limited,Petronet LNG Limited,Zee Entertainment Enterprises Limited,Infosys 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.