Intraday Trading Strategy – 1
Bharti Airtel Limited
Buy Bharti Airtel Limited at / above 351.56 Target 356.08 – 360.81 – 365.58 – 370.37
Stop loss — 346.89
Sell Bharti Airtel Limited at / below 346.89 Target 342.42 – 337.8 – 333.22 – 328.67
Stop loss — 351.56
Intraday Trading Strategy – 2
ITC Limited
Buy ITC Limited at / above 361 Target 365.58 – 370.37 – 375.2 – 380.05
Stop loss — 356.26
Sell ITC Limited at / below 356.26 Target 351.73 – 347.06 – 342.42 – 337.8
Stop loss — 361
Intraday Trading Strategy – 3
Indraprastha Gas Limited
Buy Indraprastha Gas Limited at / above 576 Target 581.72 – 587.76 – 593.84 – 599.94
Stop loss — 570.01
Sell Indraprastha Gas Limited at / below 570.01 Target 564.34 – 558.41 – 552.52 – 546.66
Stop loss — 576
Intraday Trading Strategy – 4
Kotak Mahindra Bank Limited
Buy Kotak Mahindra Bank Limited at / above 770.06 Target 776.62 – 783.6 – 790.62 – 797.66
Stop loss — 763.14
Sell Kotak Mahindra Bank Limited at / below 763.14 Target 756.62 – 749.76 – 742.93 – 736.13
Stop loss — 770.06
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Bharti Airtel Limited,ITC Limited,Indraprastha Gas Limited,Kotak Mahindra Bank 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.