Intraday Trading Strategy – 1

Hexaware Technologies Limited

Buy Hexaware Technologies Limited at / above 264.06 Target 268 – 272.11 – 276.25 – 280.42

Stop loss — 260.01

Sell Hexaware Technologies Limited at / below 260.01 Target 256.12 – 252.14 – 248.18 – 244.26

Stop loss — 264.06

 

Intraday Trading Strategy – 2

Tata Communications Limited

Buy Tata Communications Limited at / above 385.14 Target 389.86 – 394.81 – 399.8 – 404.81

Stop loss — 380.25

Sell Tata Communications Limited at / below 380.25 Target 375.57 – 370.74 – 365.94 – 361.18

Stop loss — 385.14

 

Intraday Trading Strategy – 3

Wipro Limited

Buy Wipro Limited at / above 564.06 Target 569.73 – 575.71 – 581.72 – 587.76

Stop loss — 558.14

Sell Wipro Limited at / below 558.14 Target 552.52 – 546.66 – 540.83 – 535.03

Stop loss — 564.06

 

Intraday Trading Strategy – 4

Aditya Birla Nuvo Limited

Buy Aditya Birla Nuvo Limited at / above 841 Target 847.84 – 855.13 – 862.45 – 869.81

Stop loss — 833.76

Sell Aditya Birla Nuvo Limited at / below 833.76 Target 826.97 – 819.8 – 812.65 – 805.54

Stop loss — 841

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Hexaware Technologies Limited,Tata Communications Limited,Wipro Limited,Aditya Birla Nuvo 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.