Intraday Trading Strategy – 1
Edelweiss Financial Services
Buy Edelweiss Financial Services at / above 256 Targets: 259.5 – 263.8 – 268 – 272
Stop loss — 252
Sell Edelweiss Financial Services at / below 252 Targets: 248 – 244 – 240 – 236.5
Stop loss — 256
Intraday Trading Strategy – 2
Equitas Holdings
Buy Equitas Holdings at / above 182.5 Targets: 185.5 – 188 – 192.5 – 195.5
Stop loss — 178.5
Sell Equitas Holdings at / below 178.5 Targets: 175.5 – 172 – 169 – 165.5
Stop loss — 182.5
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Edelweiss Financial Services,Equitas Holdings 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.