Intraday Trading Strategy – 1

Century Textiles and Industries Limited

Buy Century Textiles and Industries Limited at / above 1350.56 Target 1359.08 – 1368.31 – 1377.57 – 1386.86

Stop loss — 1341.39

Sell Century Textiles and Industries Limited at / below 1341.39 Target 1332.91 – 1323.8 – 1314.71 – 1305.66

Stop loss — 1350.56

 

Intraday Trading Strategy – 2

V-Guard Industries Ltd

Buy V-Guard Industries Ltd at / above 232.56 Target 236.27 – 240.12 – 244.01 – 247.93

Stop loss — 228.76

Sell V-Guard Industries Ltd at / below 228.76 Target 225.11 – 221.37 – 217.67 – 213.99

Stop loss — 232.56

 

Intraday Trading Strategy – 3

Pidilite Industries Limited

Buy Pidilite Industries Limited at / above 812.25 Target 818.98 – 826.14 – 833.34 – 840.57

Stop loss — 805.14

Sell Pidilite Industries Limited at / below 805.14 Target 798.46 – 791.41 – 784.39 – 777.4

Stop loss — 812.25

 

Intraday Trading Strategy – 4

Aurobindo Pharma Limited

Buy Aurobindo Pharma Limited at / above 791.01 Target 797.66 – 804.73 – 811.84 – 818.98

Stop loss — 784

Sell Aurobindo Pharma Limited at / below 784 Target 777.4 – 770.44 – 763.52 – 756.62

Stop loss — 791.01

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Century Textiles and Industries Limited,V-Guard Industries Ltd,Pidilite Industries Limited,Aurobindo Pharma 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.