Buy & Sell Intraday Trading Ideas for 13th February Trade 5/5 (1)

Intraday Stocks

(1) Sun Pharma:

After falling from levels of 600/- in the last three months, the stock finally seem to make a base at around 400-415 odd levels. The base formation suggests that the counter is witnessing a new demand surge which may continue in immediate sessions. The Intraday resistance for the stock stands at 444.40/- above which fresh intraday buy may be initiated.

Trade Date- 13/02/2019

Intraday levels for the stock-

Action
Trigger Price
Stop Loss
Target 1
Target 2
BUY >444.40 439 448 458

Also Check this Post- Short Term Trade Ideas with Return Potential 8-10%

(2) Ashok Leyland:

Ashok Leyland is one stock that has been in my SELL list since last few months. I had advised a sell on this stock at 102 levels and since then the stock has lost more than 20% (Read this: 2 ‘Auto’ Stocks which are NOT a Bargain at current Price!). The stock is still looking very weak and fresh Intraday sell may again be initiated below the immediate support of 81.

Action
Trigger Price
Stop Loss
Target 1
Target 2
SELL <80.95 82.10 80 79

*All levels mentioned are of cash segment.

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Author: Traders' Chowk

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