Intraday Trading Strategy – 1

Bharti Airtel Limited

Buy Bharti Airtel Limited at / above 500.64 Target 505.99 – 511.63 – 517.3 – 523

Stop loss — 495.06

Sell Bharti Airtel Limited at / below 495.06 Target 489.76 – 484.24 – 478.75 – 473.29

Stop loss — 500.64

 

Intraday Trading Strategy – 2

PC Jeweller Limited

Buy PC Jeweller Limited at / above 361 Target 365.58 – 370.37 – 375.2 – 380.05

Stop loss — 356.26

Sell PC Jeweller Limited at / below 356.26 Target 351.73 – 347.06 – 342.42 – 337.8

Stop loss — 361

 

Intraday Trading Strategy – 3

Cipla Limited

Buy Cipla Limited at / above 625 Target 630.94 – 637.24 – 643.56 – 649.92

Stop loss — 618.76

Sell Cipla Limited at / below 618.76 Target 612.86 – 606.69 – 600.55 – 594.43

Stop loss — 625

 

Intraday Trading Strategy – 4

Future Retail Ltd

Buy Future Retail Ltd at / above 582.01 Target 587.76 – 593.84 – 599.94 – 606.08

Stop loss — 576

Sell Future Retail Ltd at / below 576 Target 570.3 – 564.34 – 558.41 – 552.52

Stop loss — 582.01

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Bharti Airtel Limited,PC Jeweller Limited,Cipla Limited,Future Retail Ltd 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.