Intraday Trading Strategy – 1
Infosys Ltd
Buy Infosys Ltd at / above 915.06 Target 922.17 – 929.78 – 937.42 – 945.08
Stop loss — 907.51
Sell Infosys Ltd at / below 907.51 Target 900.45 – 892.96 – 885.5 – 878.07
Stop loss — 915.06
Intraday Trading Strategy – 2
Hindustan Petroleum Corporation Limited
Buy Hindustan Petroleum Corporation Limited at / above 456.89 Target 462.01 – 467.4 – 472.82 – 478.27
Stop loss — 451.56
Sell Hindustan Petroleum Corporation Limited at / below 451.56 Target 446.48 – 441.22 – 435.98 – 430.77
Stop loss — 456.89
Intraday Trading Strategy – 3
Tata Steel Limited
Buy Tata Steel Limited at / above 689.06 Target 695.29 – 701.89 – 708.53 – 715.2
Stop loss — 682.51
Sell Tata Steel Limited at / below 682.51 Target 676.33 – 669.85 – 663.39 – 656.96
Stop loss — 689.06
Intraday Trading Strategy – 4
Divis Laboratories Ltd
Buy Divis Laboratories Ltd at / above 945.56 Target 952.78 – 960.51 – 968.28 – 976.07
Stop loss — 937.89
Sell Divis Laboratories Ltd at / below 937.89 Target 930.71 – 923.1 – 915.52 – 907.96
Stop loss — 945.56
All prices relate to the NSE Spot/Cash Market
FreeStockAnalysis Infosys Ltd,Hindustan Petroleum Corporation Limited,Tata Steel Limited,Divis Laboratories 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.