Intraday Trading Strategy – 1
Hindalco Industries Limited
Buy Hindalco Industries Limited at / above 232.56 Target 236.27 – 240.12 – 244.01 – 247.93
Stop loss — 228.76
Sell Hindalco Industries Limited at / below 228.76 Target 225.11 – 221.37 – 217.67 – 213.99
Stop loss — 232.56
Intraday Trading Strategy – 2
PC Jeweller Limited
Buy PC Jeweller Limited at / above 356.26 Target 360.81 – 365.58 – 370.37 – 375.2
Stop loss — 351.56
Sell PC Jeweller Limited at / below 351.56 Target 347.06 – 342.42 – 337.8 – 333.22
Stop loss — 356.26
Intraday Trading Strategy – 3
Tata Motors Limited
Buy Tata Motors Limited at / above 385.14 Target 389.86 – 394.81 – 399.8 – 404.81
Stop loss — 380.25
Sell Tata Motors Limited at / below 380.25 Target 375.57 – 370.74 – 365.94 – 361.18
Stop loss — 385.14
Intraday Trading Strategy – 4
Hindustan Unilever Limited
Buy Hindustan Unilever Limited at / above 1181.64 Target 1189.65 – 1198.29 – 1206.95 – 1215.65
Stop loss — 1173.06
Sell Hindustan Unilever Limited at / below 1173.06 Target 1165.09 – 1156.57 – 1148.08 – 1139.63
Stop loss — 1181.64
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Hindalco Industries Limited,PC Jeweller Limited,Tata Motors Limited,Hindustan Unilever 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.