Intraday Trading Strategy – 1
Infosys Limited
Buy Infosys Limited at / above 937.89 Target 945.08 – 952.78 – 960.51 – 968.28
Stop loss — 930.25
Sell Infosys Limited at / below 930.25 Target 923.1 – 915.52 – 907.96 – 900.45
Stop loss — 937.89
Intraday Trading Strategy – 2
Coal India Limited
Buy Coal India Limited at / above 289 Target 293.11 – 297.41 – 301.73 – 306.09
Stop loss — 284.76
Sell Coal India Limited at / below 284.76 Target 280.7 – 276.52 – 272.38 – 268.27
Stop loss — 289
Intraday Trading Strategy – 3
Tata Chemicals Limited
Buy Tata Chemicals Limited at / above 689.06 Target 695.29 – 701.89 – 708.53 – 715.2
Stop loss — 682.51
Sell Tata Chemicals Limited at / below 682.51 Target 676.33 – 669.85 – 663.39 – 656.96
Stop loss — 689.06
Intraday Trading Strategy – 4
Indraprastha Gas Limited
Buy Indraprastha Gas Limited at / above 1501.56 Target 1510.5 – 1520.23 – 1530 – 1539.79
Stop loss — 1491.89
Sell Indraprastha Gas Limited at / below 1491.89 Target 1482.99 – 1473.37 – 1463.79 – 1454.24
Stop loss — 1501.56
All prices relate to the NSE Spot/Cash Market
Take Trade Decision after 9:30 AM
FreeStockAnalysis Infosys Limited,Coal India Limited,Tata Chemicals Limited,Indraprastha Gas 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.