FreeStockAnalysis Motherson Sumi Systems Limited,Axis Bank Limited,Bharat Forge Limited,Tata Motors Limited

Intraday Trading Strategy – 1


Motherson Sumi Systems Limited

Buy Motherson Sumi Systems Limited at / above 248.06 Target 251.88 – 255.87 – 259.88 – 263.93

Stop loss — 244.14

Sell Motherson Sumi Systems Limited at / below 244.14 Target 240.37 – 236.5 – 232.67 – 228.88

Stop loss — 248.06

 

Intraday Trading Strategy – 2


Axis Bank Limited

Buy Axis Bank Limited at / above 430.56 Target 435.54 – 440.77 – 446.04 – 451.33

Stop loss — 425.39

Sell Axis Bank Limited at / below 425.39 Target 420.46 – 415.34 – 410.26 – 405.21

Stop loss — 430.56

 

Intraday Trading Strategy – 3


Bharat Forge Limited

Buy Bharat Forge Limited at / above 892.51 Target 899.55 – 907.06 – 914.6 – 922.17

Stop loss — 885.06

Sell Bharat Forge Limited at / below 885.06 Target 878.07 – 870.68 – 863.32 – 855.99

Stop loss — 892.51

 

Intraday Trading Strategy – 4


Tata Motors Limited

Buy Tata Motors Limited at / above 375.39 Target 380.05 – 384.94 – 389.86 – 394.81

Stop loss — 370.56

Sell Tata Motors Limited at / below 370.56 Target 365.94 – 361.18 – 356.44 – 351.73

Stop loss — 375.39

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Motherson Sumi Systems Limited,Axis Bank Limited,Bharat Forge Limited,Tata Motors 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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