Intraday Trading Strategy – 1

Tata Global Beverages Limited

Buy Tata Global Beverages Limited at / above 210.25 Target 213.78 – 217.45 – 221.15 – 224.88

Stop loss — 206.64

Sell Tata Global Beverages Limited at / below 206.64 Target 203.16 – 199.61 – 196.09 – 192.61

Stop loss — 210.25

 

Intraday Trading Strategy – 2

Piramal Enterprises Ltd

Buy Piramal Enterprises Ltd at / above 2730.06 Target 2741.76 – 2754.87 – 2768 – 2781.17

Stop loss — 2717.01

Sell Piramal Enterprises Ltd at / below 2717.01 Target 2705.35 – 2692.36 – 2679.4 – 2666.47

Stop loss — 2730.06

 

Intraday Trading Strategy – 3

LIC Housing Finance Limited

Buy LIC Housing Finance Limited at / above 656.64 Target 662.73 – 669.18 – 675.66 – 682.17

Stop loss — 650.25

Sell LIC Housing Finance Limited at / below 650.25 Target 644.21 – 637.88 – 631.58 – 625.31

Stop loss — 656.64

 

Intraday Trading Strategy – 4

Sun Pharmaceuticals Industries Limited

Buy Sun Pharmaceuticals Industries Limited at / above 523.26 Target 528.73 – 534.49 – 540.29 – 546.11

Stop loss — 517.56

Sell Sun Pharmaceuticals Industries Limited at / below 517.56 Target 512.14 – 506.5 – 500.89 – 495.31

Stop loss — 523.26

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Tata Global Beverages Limited,Piramal Enterprises Ltd,LIC Housing Finance Limited,Sun Pharmaceuticals Industries 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.