Intraday Trading Strategy – 1

Cipla Limited

Buy Cipla Limited at / above 631.26 Target 637.24 – 643.56 – 649.92 – 656.31

Stop loss — 625

Sell Cipla Limited at / below 625 Target 619.07 – 612.86 – 606.69 – 600.55

Stop loss — 631.26

 

Intraday Trading Strategy – 2

Interglobe Aviation Ltd

Buy Interglobe Aviation Ltd at / above 1233.76 Target 1241.94 – 1250.76 – 1259.61 – 1268.5

Stop loss — 1225

Sell Interglobe Aviation Ltd at / below 1225 Target 1216.87 – 1208.16 – 1199.49 – 1190.84

Stop loss — 1233.76

 

Intraday Trading Strategy – 3

Oil India Limited

Buy Oil India Limited at / above 375.39 Target 380.05 – 384.94 – 389.86 – 394.81

Stop loss — 370.56

Sell Oil India Limited at / below 370.56 Target 365.94 – 361.18 – 356.44 – 351.73

Stop loss — 375.39

 

Intraday Trading Strategy – 4

ACC Ltd

Buy ACC Ltd at / above 1827.56 Target 1837.34 – 1848.07 – 1858.83 – 1869.62

Stop loss — 1816.89

Sell ACC Ltd at / below 1816.89 Target 1807.15 – 1796.53 – 1785.95 – 1775.4

Stop loss — 1827.56

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Cipla Limited,Interglobe Aviation Ltd,Oil India Limited,ACC 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.