Intraday Trading Strategy – 1
Ujjivan Financial Services
Buy Ujjivan Financial Services at / above 297.56 Target 301.73 – 306.09 – 310.48 – 314.9
Stop loss — 293.26
Sell Ujjivan Financial Services at / below 293.26 Target 289.14 – 284.9 – 280.7 – 276.52
Stop loss — 297.56
Intraday Trading Strategy – 2
WIPRO
Buy WIPRO at / above 546.39 Target 551.97 – 557.86 – 563.78 – 569.73
Stop loss — 540.56
Sell WIPRO at / below 540.56 Target 535.03 – 529.26 – 523.52 – 517.82
Stop loss — 546.39
Intraday Trading Strategy – 3
Bata India Limited
Buy Bata India Limited at / above 564.06 Target 569.73 – 575.71 – 581.72 – 587.76
Stop loss — 558.14
Sell Bata India Limited at / below 558.14 Target 552.52 – 546.66 – 540.83 – 535.03
Stop loss — 564.06
Intraday Trading Strategy – 4
Indiabulls Housing Finance Limited
Buy Indiabulls Housing Finance Limited at / above 749.39 Target 755.87 – 762.75 – 769.67 – 776.62
Stop loss — 742.56
Sell Indiabulls Housing Finance Limited at / below 742.56 Target 736.13 – 729.36 – 722.62 – 715.92
Stop loss — 749.39
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Ujjivan Financial Services,WIPRO,Bata India 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.