Intraday Trading Strategy – 1

Dewan Housing Finance Corporation Limited

Buy Dewan Housing Finance Corporation Limited at / above 594.14 Target 599.94 – 606.08 – 612.25 – 618.45

Stop loss — 588.06

Sell Dewan Housing Finance Corporation Limited at / below 588.06 Target 582.3 – 576.28 – 570.3 – 564.34

Stop loss — 594.14

 

Intraday Trading Strategy – 2

Tata Steel Limited

Buy Tata Steel Limited at / above 708.89 Target 715.2 – 721.9 – 728.63 – 735.39

Stop loss — 702.25

Sell Tata Steel Limited at / below 702.25 Target 695.98 – 689.4 – 682.85 – 676.33

Stop loss — 708.89

 

Intraday Trading Strategy – 3

Bharat Financial Inclusion Limited

Buy Bharat Financial Inclusion Limited at / above 1016.01 Target 1023.48 – 1031.49 – 1039.54 – 1047.61

Stop loss — 1008.06

Sell Bharat Financial Inclusion Limited at / below 1008.06 Target 1000.64 – 992.74 – 984.88 – 977.05

Stop loss — 1016.01

 

Intraday Trading Strategy – 4

Jubilant Foodworks Limited

Buy Jubilant Foodworks Limited at / above 1530.76 Target 1539.79 – 1549.61 – 1559.46 – 1569.35

Stop loss — 1521

Sell Jubilant Foodworks Limited at / below 1521 Target 1512.02 – 1502.31 – 1492.63 – 1482.99

Stop loss — 1530.76

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Dewan Housing Finance Corporation Limited,Tata Steel Limited,Bharat Financial Inclusion Limited,Jubilant Foodworks 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.