Intraday Trading Strategy – 1

Ambuja Cements Ltd

Buy Ambuja Cements Ltd at / above 284.76 Target 288.85 – 293.11 – 297.41 – 301.73

Stop loss — 280.56

Sell Ambuja Cements Ltd at / below 280.56 Target 276.52 – 272.38 – 268.27 – 264.19

Stop loss — 284.76

 

Intraday Trading Strategy – 2

Raymond Limited

Buy Raymond Limited at / above 900 Target 907.06 – 914.6 – 922.17 – 929.78

Stop loss — 892.51

Sell Raymond Limited at / below 892.51 Target 885.5 – 878.07 – 870.68 – 863.32

Stop loss — 900

 

Intraday Trading Strategy – 3

WIPRO

Buy WIPRO at / above 297.56 Target 301.73 – 306.09 – 310.48 – 314.9

Stop loss — 293.26

Sell WIPRO at / below 293.26 Target 289.14 – 284.9 – 280.7 – 276.52

Stop loss — 297.56

 

Intraday Trading Strategy – 4

Bharat Financial Inclusion Limited

Buy Bharat Financial Inclusion Limited at / above 992.25 Target 999.64 – 1007.55 – 1015.5 – 1023.48

Stop loss — 984.39

Sell Bharat Financial Inclusion Limited at / below 984.39 Target 977.05 – 969.25 – 961.48 – 953.74

Stop loss — 992.25

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Ambuja Cements Ltd,Raymond Limited,WIPRO,Bharat Financial Inclusion 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.