Top 3 ‘Intraday’ Stock Picks for 6th December No ratings yet.

Intraday Trading

(1) JSW Steel:

The stock has broken the support level at 307 odd levels in the last trading session. Intraday 60 minutes charts also display weakness in Bollinger Bands as the respective candles converge towards the lower bands.

Trade Date- 6/12/2018

Intraday levels for the stock-

Action
Trigger Price
Stop Loss
Target 1
Target 2
SELL <302.20 306 299 296

(2) Vodafone Idea:

The stock is trading at new monthly lows and is on the verge of a fresh breakdown. The stock is a short sell for short as well as in Indtraday time frame. Fresh shorts may be initiated below the immediate support of 33.75/- for targets mentioned below.

Intraday levels for the stock-

Action
Trigger Price
Stop Loss
Target 1
Target 2
SELL <33.75 34.20 33.15 32.55

 

(3) Dish TV:

Intraday 30 minutes charts of the stock display a strong supply and the intraday momentum is clearly on the Sell side. The stock is also trading well below 9 EMA and 5 EMA which also suggest weakness. Fresh shorts may be initiated in this counter below 35.00 for Intraday targets mentioned below.

Intraday levels for the stock-

Action
Trigger Price
Stop Loss
Target 1
Target 2
SELL <35 35.40 34.35 33.70

*All levels mentioned are of cash segment.

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Author: Traders' Chowk

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