Intraday Trading Strategy – 1

Coal India Ltd

Buy Coal India Ltd at / above 264.06 Target 268 – 272.11 – 276.25 – 280.42

Stop loss — 260.01

Sell Coal India Ltd at / below 260.01 Target 256.12 – 252.14 – 248.18 – 244.26

Stop loss — 264.06

 

Intraday Trading Strategy – 2

Indiabulls Housing Finance Ltd

Buy Indiabulls Housing Finance Ltd at / above 1233.76 Target 1241.94 – 1250.76 – 1259.61 – 1268.5

Stop loss — 1225

Sell Indiabulls Housing Finance Ltd at / below 1225 Target 1216.87 – 1208.16 – 1199.49 – 1190.84

Stop loss — 1233.76

 

Intraday Trading Strategy – 3

UPL Ltd

Buy UPL Ltd at / above 770.06 Target 776.62 – 783.6 – 790.62 – 797.66

Stop loss — 763.14

Sell UPL Ltd at / below 763.14 Target 756.62 – 749.76 – 742.93 – 736.13

Stop loss — 770.06

 

Intraday Trading Strategy – 4

TVS Motor Company Limited

Buy TVS Motor Company Limited at / above 650.25 Target 656.31 – 662.73 – 669.18 – 675.66

Stop loss — 643.89

Sell TVS Motor Company Limited at / below 643.89 Target 637.88 – 631.58 – 625.31 – 619.07

Stop loss — 650.25

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Coal India Ltd,Indiabulls Housing Finance Ltd,UPL Ltd,TVS Motor Company 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.