Intraday Trading Strategy – 1
Century Textiles and Industries Limited
Buy Century Textiles and Industries Limited at / above 1242.56 Target 1250.76 – 1259.61 – 1268.5 – 1277.42
Stop loss — 1233.76
Sell Century Textiles and Industries Limited at / below 1233.76 Target 1225.61 – 1216.87 – 1208.16 – 1199.49
Stop loss — 1242.56
Intraday Trading Strategy – 2
Raymond Limited
Buy Raymond Limited at / above 805.14 Target 811.84 – 818.98 – 826.14 – 833.34
Stop loss — 798.06
Sell Raymond Limited at / below 798.06 Target 791.41 – 784.39 – 777.4 – 770.44
Stop loss — 805.14
Intraday Trading Strategy – 3
GAIL India Limited
Buy GAIL India Limited at / above 400 Target 404.81 – 409.85 – 414.93 – 420.03
Stop loss — 395.01
Sell GAIL India Limited at / below 395.01 Target 390.25 – 385.33 – 380.44 – 375.57
Stop loss — 400
Intraday Trading Strategy – 4
Sun TV Network Limited
Buy Sun TV Network Limited at / above 784 Target 790.62 – 797.66 – 804.73 – 811.84
Stop loss — 777.01
Sell Sun TV Network Limited at / below 777.01 Target 770.44 – 763.52 – 756.62 – 749.76
Stop loss — 784
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Century Textiles and Industries Limited,Raymond Limited,GAIL India Limited,Sun TV Network 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.