Intraday Trading Strategy – 1
Ceat Limited
Buy Ceat Limited at / above 1785.06 Target 1794.74 – 1805.34 – 1815.98 – 1826.64
Stop loss — 1774.51
Sell Ceat Limited at / below 1774.51 Target 1764.88 – 1754.39 – 1743.93 – 1733.5
Stop loss — 1785.06
Intraday Trading Strategy – 2
Tata Steel Limited
Buy Tata Steel Limited at / above 682.51 Target 688.71 – 695.29 – 701.89 – 708.53
Stop loss — 676
Sell Tata Steel Limited at / below 676 Target 669.85 – 663.39 – 656.96 – 650.57
Stop loss — 682.51
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Ceat Limited,Tata Steel 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.