Intraday Trading Strategy – 1

NTPC Limited

Buy NTPC Limited at / above 169 Target 172.17 – 175.47 – 178.8 – 182.15

Stop loss — 165.76

Sell NTPC Limited at / below 165.76 Target 162.64 – 159.47 – 156.32 – 153.21

Stop loss — 169

 

Intraday Trading Strategy – 2

Jet Airways India Limited

Buy Jet Airways India Limited at / above 546.39 Target 551.97 – 557.86 – 563.78 – 569.73

Stop loss — 540.56

Sell Jet Airways India Limited at / below 540.56 Target 535.03 – 529.26 – 523.52 – 517.82

Stop loss — 546.39

 

Intraday Trading Strategy – 3

Reliance Infrastructure Limited

Buy Reliance Infrastructure Limited at / above 500.64 Target 505.99 – 511.63 – 517.3 – 523

Stop loss — 495.06

Sell Reliance Infrastructure Limited at / below 495.06 Target 489.76 – 484.24 – 478.75 – 473.29

Stop loss — 500.64

 

Intraday Trading Strategy – 4

Aurobindo Pharma Limited

Buy Aurobindo Pharma Limited at / above 735.76 Target 742.19 – 749.01 – 755.87 – 762.75

Stop loss — 729

Sell Aurobindo Pharma Limited at / below 729 Target 722.62 – 715.92 – 709.24 – 702.6

Stop loss — 735.76

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis NTPC Limited,Jet Airways India Limited,Reliance Infrastructure Limited,Aurobindo Pharma 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.