Intraday Trading Strategy – 1

Crompton Greaves Consumer Electricls Ltd

Buy Crompton Greaves Consumer Electricls Ltd at / above 252.01 Target 255.87 – 259.88 – 263.93 – 268

Stop loss — 248.06

Sell Crompton Greaves Consumer Electricls Ltd at / below 248.06 Target 244.26 – 240.37 – 236.5 – 232.67

Stop loss — 252.01

 

Intraday Trading Strategy – 2

Kajaria Ceramics

Buy Kajaria Ceramics at / above 715.56 Target 721.9 – 728.63 – 735.39 – 742.19

Stop loss — 708.89

Sell Kajaria Ceramics at / below 708.89 Target 702.6 – 695.98 – 689.4 – 682.85

Stop loss — 715.56

 

Intraday Trading Strategy – 3

Axis Bank Ltd

Buy Axis Bank Ltd at / above 552.25 Target 557.86 – 563.78 – 569.73 – 575.71

Stop loss — 546.39

Sell Axis Bank Ltd at / below 546.39 Target 540.83 – 535.03 – 529.26 – 523.52

Stop loss — 552.25

 

Intraday Trading Strategy – 4

Marico Limited

Buy Marico Limited at / above 310.64 Target 314.9 – 319.35 – 323.83 – 328.35

Stop loss — 306.25

Sell Marico Limited at / below 306.25 Target 302.04 – 297.71 – 293.41 – 289.14

Stop loss — 310.64

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Crompton Greaves Consumer Electricls Ltd,Kajaria Ceramics,Axis Bank Ltd,Marico 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.