Intraday Trading Strategy – 1

Bharat Forge Ltd

Buy Bharat Forge Ltd at / above 618.76 Target 624.68 – 630.94 – 637.24 – 643.56

Stop loss — 612.56

Sell Bharat Forge Ltd at / below 612.56 Target 606.69 – 600.55 – 594.43 – 588.35

Stop loss — 618.76

 

Intraday Trading Strategy – 2

Century Textile and Industries Ltd

Buy Century Textile and Industries Ltd at / above 1233.76 Target 1241.94 – 1250.76 – 1259.61 – 1268.5

Stop loss — 1225

Sell Century Textile and Industries Ltd at / below 1225 Target 1216.87 – 1208.16 – 1199.49 – 1190.84

Stop loss — 1233.76

 

Intraday Trading Strategy – 3

HCL Technologies Ltd

Buy HCL Technologies Ltd at / above 885.06 Target 892.06 – 899.55 – 907.06 – 914.6

Stop loss — 877.64

Sell HCL Technologies Ltd at / below 877.64 Target 870.68 – 863.32 – 855.99 – 848.68

Stop loss — 885.06

 

Intraday Trading Strategy – 4

Indiabulls Housing Finance Ltd

Buy Indiabulls Housing Finance Ltd at / above 1242.56 Target 1250.76 – 1259.61 – 1268.5 – 1277.42

Stop loss — 1233.76

Sell Indiabulls Housing Finance Ltd at / below 1233.76 Target 1225.61 – 1216.87 – 1208.16 – 1199.49

Stop loss — 1242.56

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Bharat Forge Ltd,Century Textile and Industries Ltd,HCL Technologies Ltd,Indiabulls Housing Finance Ltd 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.