Intraday Trading Strategy – 1

Rural Electrification Corporation Limited

Buy Rural Electrification Corporation Limited at / above 169 Target 172.17 – 175.47 – 178.8 – 182.15

Stop loss — 165.76

Sell Rural Electrification Corporation Limited at / below 165.76 Target 162.64 – 159.47 – 156.32 – 153.21

Stop loss — 169

 

Intraday Trading Strategy – 2

Indian Oil Corporation Limited

Buy Indian Oil Corporation Limited at / above 425.39 Target 430.34 – 435.54 – 440.77 – 446.04

Stop loss — 420.25

Sell Indian Oil Corporation Limited at / below 420.25 Target 415.34 – 410.26 – 405.21 – 400.2

Stop loss — 425.39

 

Intraday Trading Strategy – 3

Jet Airways Limited

Buy Jet Airways Limited at / above 618.76 Target 624.68 – 630.94 – 637.24 – 643.56

Stop loss — 612.56

Sell Jet Airways Limited at / below 612.56 Target 606.69 – 600.55 – 594.43 – 588.35

Stop loss — 618.76

 

Intraday Trading Strategy – 4

HDFC Bank Limited

Buy HDFC Bank Limited at / above 1097.26 Target 1105 – 1113.33 – 1121.68 – 1130.07

Stop loss — 1089

Sell HDFC Bank Limited at / below 1089 Target 1081.3 – 1073.09 – 1064.92 – 1056.77

Stop loss — 1097.26

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Rural Electrification Corporation Limited,Indian Oil Corporation Limited,Jet Airways 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.