Intraday Trading Strategy – 1
Kotak Mahindra Bank Limited
Buy Kotak Mahindra Bank Limited at / above 669.51 Target 675.66 – 682.17 – 688.71 – 695.29
Stop loss — 663.06
Sell Kotak Mahindra Bank Limited at / below 663.06 Target 656.96 – 650.57 – 644.21 – 637.88
Stop loss — 669.51
Intraday Trading Strategy – 2
Indraprastha Gas Limited
Buy Indraprastha Gas Limited at / above 546.39 Target 551.97 – 557.86 – 563.78 – 569.73
Stop loss — 540.56
Sell Indraprastha Gas Limited at / below 540.56 Target 535.03 – 529.26 – 523.52 – 517.82
Stop loss — 546.39
Intraday Trading Strategy – 3
Cipla Limited
Buy Cipla Limited at / above 540.56 Target 546.11 – 551.97 – 557.86 – 563.78
Stop loss — 534.76
Sell Cipla Limited at / below 534.76 Target 529.26 – 523.52 – 517.82 – 512.14
Stop loss — 540.56
Intraday Trading Strategy – 4
Arvind Limited
Buy Arvind Limited at / above 280.56 Target 284.62 – 288.85 – 293.11 – 297.41
Stop loss — 276.39
Sell Arvind Limited at / below 276.39 Target 272.38 – 268.27 – 264.19 – 260.14
Stop loss — 280.56
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Kotak Mahindra Bank Limited,Indraprastha Gas Limited,Cipla Limited,Arvind 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.