Intraday Trading Strategy – 1

Buy Motherson Sumi Systems Limited at / above 264.06 Target 268 – 272.11 – 276.25 – 280.42

Stop loss — 260.01

Sell Motherson Sumi Systems Limited at / below 260.01 Target 256.12 – 252.14 – 248.18 – 244.26

Stop loss — 264.06

Intraday Trading Strategy – 2

Buy Jubilant Life Sciences Limited at / above 405.01 Target 409.85 – 414.93 – 420.03 – 425.17

Stop loss — 400

Sell Jubilant Life Sciences Limited at / below 400 Target 395.21 – 390.25 – 385.33 – 380.44

Stop loss — 405.01

Intraday Trading Strategy – 3

Buy WIPRO at / above 558.14 Target 563.78 – 569.73 – 575.71 – 581.72

Stop loss — 552.25

Sell WIPRO at / below 552.25 Target 546.66 – 540.83 – 535.03 – 529.26

Stop loss — 558.14

Intraday Trading Strategy – 4

Buy HDFC Bank Limited at / above 1122.25 Target 1130.07 – 1138.49 – 1146.94 – 1155.42

Stop loss — 1113.89

Sell HDFC Bank Limited at / below 1113.89 Target 1106.11 – 1097.81 – 1089.54 – 1081.3

Stop loss — 1122.25

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Motherson Sumi Systems Limited,Jubilant Life Sciences Limited,WIPRO,HDFC Bank 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.