Intraday Trading Strategy – 1

Bharat Forge Limited

Buy Bharat Forge Limited at / above 1278.06 Target 1286.37 – 1295.35 – 1304.36 – 1313.4

Stop loss — 1269.14

Sell Bharat Forge Limited at / below 1269.14 Target 1260.88 – 1252.01 – 1243.18 – 1234.38

Stop loss — 1278.06

 

Intraday Trading Strategy – 2

Infosys Limited

Buy Infosys Limited at / above 907.51 Targets: 914.6 – 922.17 – 929.78 – 937.42

Stop loss — 900

Sell Infosys Limited at / below 900 Targets: 892.96 – 885.5 – 878.07 – 870.68

Stop loss — 907.51

 

Intraday Trading Strategy – 3

Godrej Industries Limited

Buy Godrej Industries Limited at / above 588.06 Target 593.84 – 599.94 – 606.08 – 612.25

Stop loss — 582.01

Sell Godrej Industries Limited at / below 582.01 Target 576.28 – 570.3 – 564.34 – 558.41

Stop loss — 588.06

 

Intraday Trading Strategy – 4

Voltas Limited

Buy Voltas Limited at / above 523.26 Target 528.73 – 534.49 – 540.29 – 546.11

Stop loss — 517.56

Sell Voltas Limited at / below 517.56 Target 512.14 – 506.5 – 500.89 – 495.31

Stop loss — 523.26

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Bharat Forge Limited,Infosys Limited,Godrej Industries Limited,Voltas 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.