Intraday Trading Strategy – 1

NMDC Limited

Buy NMDC Limited at / above 129.39 Target 132.18 – 135.07 – 137.99 – 140.94

Stop loss — 126.56

Sell NMDC Limited at / below 126.56 Target 123.82 – 121.06 – 118.32 – 115.62

Stop loss — 129.39

 

Intraday Trading Strategy – 2

Titan Company Limited

Buy Titan Company Limited at / above 588.06 Target 593.84 – 599.94 – 606.08 – 612.25

Stop loss — 582.01

Sell Titan Company Limited at / below 582.01 Target 576.28 – 570.3 – 564.34 – 558.41

Stop loss — 588.06

 

Intraday Trading Strategy – 3

Biocon Limited

Buy Biocon Limited at / above 375.39 Target 380.05 – 384.94 – 389.86 – 394.81

Stop loss — 370.56

Sell Biocon Limited at / below 370.56 Target 365.94 – 361.18 – 356.44 – 351.73

Stop loss — 375.39

 

Intraday Trading Strategy – 4

Bharat Petroleum Corporation Limited

Buy Bharat Petroleum Corporation Limited at / above 540.56 Target 546.11 – 551.97 – 557.86 – 563.78

Stop loss — 534.76

Sell Bharat Petroleum Corporation Limited at / below 534.76 Target 529.26 – 523.52 – 517.82 – 512.14

Stop loss — 540.56

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis NMDC Limited,Titan Company Limited,Biocon Limited,Bharat Petroleum Corporation 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.