FreeStockAnalysis Marico Limited,Axis Bank Limited,Century Textiles and Industries Limited,Tata Consultancy Services Limited

Intraday Trading Strategy – 1


Marico Limited

Buy Marico Limited at / above 268.14 Target 272.11 – 276.25 – 280.42 – 284.62

Stop loss — 264.06

Sell Marico Limited at / below 264.06 Target 260.14 – 256.12 – 252.14 – 248.18

Stop loss — 268.14

 

Intraday Trading Strategy – 2


Axis Bank Limited

Buy Axis Bank Limited at / above 473.06 Target 478.27 – 483.75 – 489.27 – 494.81

Stop loss — 467.64

Sell Axis Bank Limited at / below 467.64 Target 462.48 – 457.11 – 451.78 – 446.48

Stop loss — 473.06

 

Intraday Trading Strategy – 3


Century Textiles and Industries Limited

Buy Century Textiles and Industries Limited at / above 637.56 Target 643.56 – 649.92 – 656.31 – 662.73

Stop loss — 631.26

Sell Century Textiles and Industries Limited at / below 631.26 Target 625.31 – 619.07 – 612.86 – 606.69

Stop loss — 637.56

 

Intraday Trading Strategy – 4


Tata Consultancy Services Limited

Buy Tata Consultancy Services Limited at / above 2537.64 Target 2548.97 – 2561.6 – 2574.27 – 2586.97

Stop loss — 2525.06

Sell Tata Consultancy Services Limited at / below 2525.06 Target 2513.77 – 2501.25 – 2488.75 – 2476.3

Stop loss — 2537.64

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Marico Limited,Axis Bank Limited,Century Textiles and Industries Limited,Tata Consultancy Services 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.

 

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