Intraday Trading Strategy – 1

Ceat

Buy Ceat Above 946.56 Target 1 — 951.79 Target 2 — 959.52 Target 3 — 967.28 Target 4 — 975.07

Stop loss — 938

Sell Ceat below 936 Target 1 — 931 Target 2 — 925 Target 3 — 916 Target 4 — 908    

Stop loss — 945

 

Intraday Trading Strategy – 2

Cipla

Buy Cipla Above 589.06 Target 1 — 592.84 Target 2 — 598.95 Target 3 — 605.09 Target 4 — 611.26

Stop loss — 583

Sell Cipla below 583 Target 1 — 577 Target 2 — 571 Target 3 — 565 Target 4 — 560    

Stop loss — 589

 

Intraday Trading Strategy – 3

Infosys

Buy Infosys Above 1174.06 Target 1 — 1180.05 Target 2 — 1188.65 Target 3 — 1197.29 Target 4 — 1205.96

Stop loss — 1165

Sell Infosys below 1165 Target 1 — 1157 Target 2 — 1150 Target 3 — 1140 Target 4 — 1132    

Stop loss — 1172

 

Intraday Trading Strategy – 4

Axis Bank

Buy Axis Bank Above 411.06 Target 1 — 413.93 Target 2 — 419.04 Target 3 — 424.18 Target 4 — 429.35

Stop loss — 406

Sell Axis Bank below 404 Target 1 — 401 Target 2 — 396 Target 3 — 392 Target 4 — 386    

Stop loss — 409

 

All prices relate to the NSE Spot/Cash Market

Intraday Trading Strategy Ceat,Cipla,Infosys,Axis 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.