Intraday Trading Strategy – 1
Tata Global Beverages Limited
Buy Tata Global Beverages Limited at / above 214 Targets: 217 – 221 – 224.5 – 228.5
Stop loss — 210
Sell Tata Global Beverages Limited at / below 210 Targets: 207 – 203.5 – 200 – 196.5
Stop loss — 214
Intraday Trading Strategy – 2
Bharat Electronics Limited
Buy Bharat Electronics Limited at / above 199.5 Targets: 203 – 206 – 210 – 213
Stop loss — 196
Sell Bharat Electronics Limited at / below 195.5 Targets: 193 – 189.5 – 185.9 – 182.5
Stop loss — 199.5
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Tata Global Beverages Limited,Bharat Electronics 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.