Intraday Trading Strategy – 1

Axis Bank

Buy Axis Bank Above 421 Target 1 — 424 Target 2 — 429 Target 3 — 435 Target 4 — 440

Stop loss — 416

Sell Axis Bank Below 414 Target 1 — 411 Target 2 — 406 Target 3 — 401 Target 4 — 396

Stop loss — 491

 

Intraday Trading Strategy – 2

 

Lupin

Buy Lupin Above 1808 Target 1 — 1815 Target 2 — 1825 Target 3 — 1836 Target 4 — 1847

Stop loss –1797

Sell Lupin Below 1794 Target 1 — 1787 Target 2 — 1777 Target 3 — 1766 Target 4 — 1756

Stop loss — 1805

 

Intraday Trading Strategy – 3

Infosys

Buy Infosys Above 1099 Target 1 — 1104 Target 2 — 1112 Target 3 — 1120 Target 4 — 1129

Stop loss — 1090

Sell Infosys Below 1088 Target 1 — 1083 Target 2 — 1074 Target 3 — 1066 Target 4 — 1058

Stop loss — 1096

 

Intraday Trading Strategy – 4

Tata Steel

Buy Tata Steel Above 249 Target 1 — 251 Target 2 — 255 Target 3 — 259 Target 4 — 263

Stop loss — 245

Sell Tata Steel Below 243 Target 1 — 241 Target 2 — 237 Target 3 — 233 Target 4 — 230

Stop loss — 247

 

All prices relate to the NSE Spot/Cash Market

Intraday Trading Strategy Axis Bank,Lupin,Infosys,Tata Steel 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.