Intraday Trading Strategy – 1

Buy JSW Steel Limited at / above 232.56 Target 236.27 – 240.12 – 244.01 – 247.93

Stop loss — 228.76

Sell JSW Steel Limited at / below 228.76 Target 225.11 – 221.37 – 217.67 – 213.99

Stop loss — 232.56

Intraday Trading Strategy – 2

Buy ICICI Bank Limited at / above 297.56 Target 301.73 – 306.09 – 310.48 – 314.9

Stop loss — 293.26

Sell ICICI Bank Limited at / below 293.26 Target 289.14 – 284.9 – 280.7 – 276.52

Stop loss — 297.56

Intraday Trading Strategy – 3

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

Stop loss — 370.56

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

Stop loss — 375.39

Intraday Trading Strategy – 4

Buy Reliance Industries Limited at / above 1570.14 Target 1579.27 – 1589.22 – 1599.2 – 1609.21

Stop loss — 1560.25

Sell Reliance Industries Limited at / below 1560.25 Target 1551.16 – 1541.33 – 1531.53 – 1521.76

Stop loss — 1570.14

All prices relate to the NSE Spot/Cash Market

FreeStockAnalysis JSW Steel Limited,ICICI Bank Limited,Tata Motors Limited,Reliance 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.