Intraday Trading Strategy – 1

Tata Steel Limited

Buy Tata Steel Limited at / above 324 Target 328.35 – 332.89 – 337.47 – 342.07

Stop loss — 319.51

Sell Tata Steel Limited at / below 319.51 Target 315.22 – 310.79 – 306.4 – 302.04

Stop loss — 324

 

Intraday Trading Strategy – 2

Sun TV Network Limited

Buy Sun TV Network Limited at / above 361 Target 365.58 – 370.37 – 375.2 – 380.05

Stop loss — 356.26

Sell Sun TV Network Limited at / below 356.26 Target 351.73 – 347.06 – 342.42 – 337.8

Stop loss — 361

 

Intraday Trading Strategy – 3

Biocon Limited

Buy Biocon Limited at / above 558.14 Target 563.78 – 569.73 – 575.71 – 581.72

Stop loss — 552.25

Sell Biocon Limited at / below 552.25 Target 546.66 – 540.83 – 535.03 – 529.26

Stop loss — 558.14

 

Intraday Trading Strategy – 4

Infosys Limited

Buy Infosys Limited at / above 1190.25 Target 1198.29 – 1206.95 – 1215.65 – 1224.38

Stop loss — 1181.64

Sell Infosys Limited at / below 1181.64 Target 1173.64 – 1165.09 – 1156.57 – 1148.08

Stop loss — 1190.25

 

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis Tata Steel Limited,Sun TV Network Limited,Biocon Limited,Infosys 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.