Intraday Trading Strategy – 1

Tata Global Beverages Limited

Buy Tata Global Beverages Limited at / above 225 Target 228.65 – 232.44 – 236.27 – 240.12

Stop loss — 221.26

Sell Tata Global Beverages Limited at / below 221.26 Target 217.67 – 213.99 – 210.35 – 206.74

Stop loss — 225

 

Intraday Trading Strategy – 2

Tata Metaliks Limited

Buy Tata Metaliks Limited at / above 749.39 Target 755.87 – 762.75 – 769.67 – 776.62

Stop loss — 742.56

Sell Tata Metaliks Limited at / below 742.56 Target 736.13 – 729.36 – 722.62 – 715.92

Stop loss — 749.39

 

Intraday Trading Strategy – 3

ICICI Bank Ltd

Buy ICICI Bank Ltd at / above 306.25 Target 310.48 – 314.9 – 319.35 – 323.83

Stop loss — 301.89

Sell ICICI Bank Ltd at / below 301.89 Target 297.71 – 293.41 – 289.14 – 284.9

Stop loss — 306.25

 

Intraday Trading Strategy – 4

Bharat Electronics Ltd

Buy Bharat Electronics Ltd at / above 172.26 Target 175.47 – 178.8 – 182.15 – 185.54

Stop loss — 169

Sell Bharat Electronics Ltd at / below 169 Target 165.84 – 162.64 – 159.47 – 156.32

Stop loss — 172.26

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Tata Global Beverages Limited,Tata Metaliks Limited,ICICI Bank Ltd,Bharat Electronics Ltd 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.