Intraday Trading Strategy – 1

Bank of Baroda

Buy Bank of Baroda at / above 175.56 Target 178.8 – 182.15 – 185.54 – 188.96

Stop loss — 172.26

Sell Bank of Baroda at / below 172.26 Target 169.08 – 165.84 – 162.64 – 159.47

Stop loss — 175.56

 

Intraday Trading Strategy – 2

Havells India Limited

Buy Havells India Limited at / above 495.06 Target 500.39 – 505.99 – 511.63 – 517.3

Stop loss — 489.51

Sell Havells India Limited at / below 489.51 Target 484.24 – 478.75 – 473.29 – 467.87

Stop loss — 495.06

 

Intraday Trading Strategy – 3

Aurobindo Pharma Limited

Buy Aurobindo Pharma Limited at / above 763.14 Target 769.67 – 776.62 – 783.6 – 790.62

Stop loss — 756.25

Sell Aurobindo Pharma Limited at / below 756.25 Target 749.76 – 742.93 – 736.13 – 729.36

Stop loss — 763.14

 

Intraday Trading Strategy – 4

Divis Laboratories Limited

Buy Divis Laboratories Limited at / above 930.25 Target 937.42 – 945.08 – 952.78 – 960.51

Stop loss — 922.64

Sell Divis Laboratories Limited at / below 922.64 Target 915.52 – 907.96 – 900.45 – 892.96

Stop loss — 930.25

 

All prices relate to the NSE Spot/Cash Market

Take Trade Decision after 9:30 AM

FreeStockAnalysis Bank of Baroda,Havells India Limited,Aurobindo Pharma Limited,Divis Laboratories 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.