Intraday Trading Strategy – 1
Motherson Sumi Systems Limited
Buy Motherson Sumi Systems Limited at / above 276.39 Target 280.42 – 284.62 – 288.85 – 293.11
Stop loss — 272.25
Sell Motherson Sumi Systems Limited at / below 272.25 Target 268.27 – 264.19 – 260.14 – 256.12
Stop loss — 276.39
Intraday Trading Strategy – 2
Reliance Capital Limited
Buy Reliance Capital Limited at / above 405.01 Target 409.85 – 414.93 – 420.03 – 425.17
Stop loss — 400
Sell Reliance Capital Limited at / below 400 Target 395.21 – 390.25 – 385.33 – 380.44
Stop loss — 405.01
Intraday Trading Strategy – 3
CESC Limited
Buy CESC Limited at / above 552.25 Target 557.86 – 563.78 – 569.73 – 575.71
Stop loss — 546.39
Sell CESC Limited at / below 546.39 Target 540.83 – 535.03 – 529.26 – 523.52
Stop loss — 552.25
Intraday Trading Strategy – 4
Indiabulls Housing Finance Limited
Buy Indiabulls Housing Finance Limited at / above 756.25 Target 762.75 – 769.67 – 776.62 – 783.6
Stop loss — 749.39
Sell Indiabulls Housing Finance Limited at / below 749.39 Target 742.93 – 736.13 – 729.36 – 722.62
Stop loss — 756.25
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Motherson Sumi Systems Limited,Reliance Capital Limited,CESC Limited,Indiabulls Housing Finance 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.