Intraday Trading Strategy – 1

IOC

Buy IOC Above 391 Target 1 — 394 Target 2 — 399 Target 3 — 404 Target 4 — 409

Stop loss — 386

Sell IOC Below 384 Target 1 — 381 Target 2 — 377 Target 3 — 372 Target 4 — 367

Stop loss — 389

 

Intraday Trading Strategy – 2

Infosys

Buy Infosys Above 1182 Target 1 — 1189 Target 2 — 1197 Target 3 — 1206 Target 4 — 1215

Stop loss — 1174

Sell Infosys Below 1172 Target 1 — 1166 Target 2 — 1157 Target 3 — 1149 Target 4 — 1140

Stop loss — 1181

 

Intraday Trading Strategy – 3

ICICI Bank

Buy ICICI Bank Above 207 Target 1 — 209 Target 2 — 213 Target 3 — 217 Target 4 — 220

Stop loss — 204

Sell ICICI Bank Below 202 Target 1 — 200 Target 2 — 197 Target 3 — 193 Target 4 — 190

Stop loss — 206

 

Intraday Trading Strategy – 4

Ceat

Buy Ceat Above 893 Target 1 — 899 Target 2 — 906 Target 3 — 914 Target 4 — 921

Stop loss — 886

Sell Ceat Below 884 Target 1 — 879 Target 2 — 871 Target 3 — 864 Target 4 — 857

Stop loss — 892

 

All prices relate to the NSE Spot/Cash Market

Intraday Trading Strategy IOC,Infosys,ICICI Bank,Ceat 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.