Intraday Trading Strategy – 1

Buy Punjab National Bank at / above 138.06 Target 140.94 – 143.92 – 146.94 – 149.98

Stop loss — 135.14

Sell Punjab National Bank at / below 135.14 Target 132.31 – 129.45 – 126.62 – 123.82

Stop loss — 138.06

Intraday Trading Strategy – 2

Buy Marico Limited at / above 319.51 Target 323.83 – 328.35 – 332.89 – 337.47

Stop loss — 315.06

Sell Marico Limited at / below 315.06 Target 310.79 – 306.4 – 302.04 – 297.71

Stop loss — 319.51

Intraday Trading Strategy – 3

Buy Hindustan Petroleum Corporation Limited at / above 435.76 Target 440.77 – 446.04 – 451.33 – 456.66

Stop loss — 430.56

Sell Hindustan Petroleum Corporation Limited at / below 430.56 Target 425.6 – 420.46 – 415.34 – 410.26

Stop loss — 435.76

Intraday Trading Strategy – 4

Buy Amara Raja Batteries Limited at / above 756.25 Target 762.75 – 769.67 – 776.62 – 783.6

Stop loss — 749.39

Sell Amara Raja Batteries Limited at / below 749.39 Target 742.93 – 736.13 – 729.36 – 722.62

Stop loss — 756.25

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Punjab National Bank,Marico Limited,Hindustan Petroleum Corporation Limited,Amara Raja Batteries 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.