FreeStockAnalysis ITC Limited,Biocon Limited,Century Textiles and Industries Limited,HDFC Bank Limited

Intraday Trading Strategy – 1


ITC Limited

Buy ITC Limited at / above 328.51 Target 332.89 – 337.47 – 342.07 – 346.71

Stop loss — 324

Sell ITC Limited at / below 324 Target 319.67 – 315.22 – 310.79 – 306.4

Stop loss — 328.51

 

Intraday Trading Strategy – 2


Biocon Limited

Buy Biocon Limited at / above 495.06 Target 500.39 – 505.99 – 511.63 – 517.3

Stop loss — 489.51

Sell Biocon Limited at / below 489.51 Target 484.24 – 478.75 – 473.29 – 467.87

Stop loss — 495.06

 

Intraday Trading Strategy – 3


Century Textiles and Industries Limited

Buy Century Textiles and Industries Limited at / above 529 Target 534.49 – 540.29 – 546.11 – 551.97

Stop loss — 523.26

Sell Century Textiles and Industries Limited at / below 523.26 Target 517.82 – 512.14 – 506.5 – 500.89

Stop loss — 529

 

Intraday Trading Strategy – 4


HDFC Bank Limited

Buy HDFC Bank Limited at / above 1048.14 Target 1055.72 – 1063.85 – 1072.02 – 1080.22

Stop loss — 1040.06

Sell HDFC Bank Limited at / below 1040.06 Target 1032.53 – 1024.51 – 1016.52 – 1008.56

Stop loss — 1048.14

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis ITC Limited,Biocon Limited,Century Textiles and Industries Limited,HDFC 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.

 

Leave a Reply

Your email address will not be published. Required fields are marked *