5 Intraday Trading Tips For Today

No image Gautam Upadhyaya

Last Updated: 13th September 2023 - 10:58 am

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Intraday calls are the buy/sell recommendations generated on the basis of technical and derivative data points wherein the positions have to be entered and exited on the same trading day. Intraday calls will be generated in cash and F&O segments and will have a validity of one day i.e. between (9:15am - 3:30pm). The calls should be executed when the underlying price is quoting within the mentioned range.

Following is the list of 5 intraday trading ideas for today-

Symbol

BUY/SELL

Stop Loss

Target

Reasoning

NMDC Limited

Buy 98-99

97.7

102.5

The stock has witnessed a breakout above its resistance levels and has shown strong momentum on the daily MACD Histogram.

Biocon Limited

Buy Rs 624-628

617

640

The stock has witnessed a breakout from its sideways consolidation and has also witnessed a bullish crossover on the daily MACD Histogram

United Spirits Limited

Buy Rs 538-542

528

560

The stock is on the verge of witnessing a double bottom breakout on the daily chart and has seen a smart uptick in volumes which affirms our bullish view on the stock.

SRF Limited

Buy Rs 2262-2272

2310

2245

The stock has witnessed a flag pattern breakout on the daily chart.

Zee Entertainment Enterprises Limited

Sell Feb Futures Rs 461-464

452

470

The stock has faced selling pressure near its 200 DEMA. Derivative data indicates fresh short positions.

 

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