Intraday Trading Strategy – 1

KEC International Ltd

Buy KEC International Ltd at / above 319.51 Target 323.83 – 328.35 – 332.89 – 337.47

Stop loss — 315.06

Sell KEC International Ltd at / below 315.06 Target 310.79 – 306.4 – 302.04 – 297.71

Stop loss — 319.51

 

Intraday Trading Strategy – 2

Indian Oil Corporation Limited

Buy Indian Oil Corporation Limited at / above 415.14 Target 420.03 – 425.17 – 430.34 – 435.54

Stop loss — 410.06

Sell Indian Oil Corporation Limited at / below 410.06 Target 405.21 – 400.2 – 395.21 – 390.25

Stop loss — 415.14

 

Intraday Trading Strategy – 3

Tata Chemicals Limited

Buy Tata Chemicals Limited at / above 735.76 Target 742.19 – 749.01 – 755.87 – 762.75

Stop loss — 729

Sell Tata Chemicals Limited at / below 729 Target 722.62 – 715.92 – 709.24 – 702.6

Stop loss — 735.76

 

Intraday Trading Strategy – 4

Ceat Limited

Buy Ceat Limited at / above 1795.64 Target 1805.34 – 1815.98 – 1826.64 – 1837.34

Stop loss — 1785.06

Sell Ceat Limited at / below 1785.06 Target 1775.4 – 1764.88 – 1754.39 – 1743.93

Stop loss — 1795.64

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis KEC International Ltd,Indian Oil Corporation Limited,Tata Chemicals Limited,Ceat 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.