Intraday Trading Strategy – 1
Titan Company Limited
Buy Titan Company Limited at / above 351.56 Target 356.08 – 360.81 – 365.58 – 370.37
Stop loss — 346.89
Sell Titan Company Limited at / below 346.89 Target 342.42 – 337.8 – 333.22 – 328.67
Stop loss — 351.56
Intraday Trading Strategy – 2
Tech Mahindra Limited
Buy Tech Mahindra Limited at / above 467.64 Target 472.82 – 478.27 – 483.75 – 489.27
Stop loss — 462.25
Sell Tech Mahindra Limited at / below 462.25 Target 457.11 – 451.78 – 446.48 – 441.22
Stop loss — 467.64
Intraday Trading Strategy – 3
IPCA Laboratories Limited
Buy IPCA Laboratories Limited at / above 484 Target 489.27 – 494.81 – 500.39 – 505.99
Stop loss — 478.51
Sell IPCA Laboratories Limited at / below 478.51 Target 473.29 – 467.87 – 462.48 – 457.11
Stop loss — 484
Intraday Trading Strategy – 4
Lupin Limited
Buy Lupin Limited at / above 1540.56 Target 1549.61 – 1559.46 – 1569.35 – 1579.27
Stop loss — 1530.76
Sell Lupin Limited at / below 1530.76 Target 1521.76 – 1512.02 – 1502.31 – 1492.63
Stop loss — 1540.56
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Titan Company Limited,Tech Mahindra Limited,IPCA Laboratories Limited,Lupin 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.