Intraday Trading Strategy – 1

IGL

Buy IGL Above 571.02 Target 1 — 574.71 Target 2 — 580.72 Target 3 — 586.77 Target 4 — 592.84

Stop loss — 565

Sell IGL below 564 Target 1 — 559 Target 2 — 553 Target 3 — 547 Target 4 — 541    

Stop loss — 569

 

Intraday Trading Strategy – 2

Arvind

Buy Arvind Above 311.64 Target 1 — 313.9 Target 2 — 318.36 Target 3 — 322.84 Target 4 — 327.35

Stop loss — 305

Sell Arvind below 305 Target 1 — 303 Target 2 — 298.3 Target 3 –295 Target 4 — 290    

Stop loss — 309

 

Intraday Trading Strategy – 3

Kotak Mahindra Bank

Buy Kotak Mahindra Bank Above 683.52 Target 1 — 687.72 Target 2 — 694.29 Target 3 — 700.9 Target 4 — 707.54

Stop loss — 675

Sell Kotak Mahindra Bank below 675 Target 1 — 670 Target 2 — 664 Target 3 — 657 Target 4 — 651    

Stop loss — 680

 

Intraday Trading Strategy – 4

CESC

Buy CESC Above 447.27 Target 1 — 450.34 Target 2 — 455.66 Target 3 — 461.02 Target 4 — 466.41

Stop loss — 441

Sell CESC below 441 Target 1 — 436 Target 2 — 431 Target 3 — 426 Target 4 — 421    

Stop loss — 445

 

All prices relate to the NSE Spot/Cash Market

Intraday Trading Strategy IGL,Arvind,Kotak Mahindra Bank,CESC 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.