Intraday Trading Strategy Biocon,Bharat Forge,Reliance Infrastructure,Kotak Mahindra Bank

Intraday Trading Strategy – 1

Biocon

Buy Biocon Above 468 Target 1 — 472 Target 2 — 478 Target 3 — 483 Target 4 — 489

Stop loss — 463

Sell Biocon Below 462 Target 1 — 458 Target 2 — 452 Target 3 — 447 Target 4 — 442

Stop loss — 467

 

Intraday Trading Strategy – 2

 

Bharat Forge

Buy Bharat Forge Above 723 Target 1 — 728 Target 2 — 735 Target 3 — 741 Target 4 — 748

Stop loss –716

Sell Bharat Forge Below 715 Target 1 — 710 Target 2 — 703 Target 3 — 697 Target 4 — 690

Stop loss — 722

 

Intraday Trading Strategy – 3

Reliance Infrastructure

Buy Reliance Infrastructure Above 421 Target 1 — 424 Target 2 — 430 Target 3 — 435 Target 4 — 440

Stop loss — 416

Sell Reliance Infrastructure Below 414 Target 1 — 411 Target 2 — 406 Target 3 — 401 Target 4 — 396

Stop loss — 420

 

Intraday Trading Strategy – 4

Kotak Mahindra Bank

Buy Kotak Mahindra Bank Above 601 Target 1 — 605 Target 2 — 612 Target 3 — 618 Target 4 — 624

Stop loss — 595

Sell Kotak Mahindra Bank Below 593 Target 1 — 589 Target 2 — 583 Target 3 — 577 Target 4 — 571

Stop loss — 600

 

All prices relate to the NSE Spot/Cash Market

Intraday Trading Strategy Biocon,Bharat Forge,Reliance Infrastructure,Kotak Mahindra Bank 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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