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4 Angel One Intraday Cash Buys For March 11, 2022
Intra-day trades similar to short or long term investments work to enable you earn money in a short span which here is a day's trade. Here the trade gets squared off on the same day. Also, in intra-day trades you need to ensure that your targets are multiple of your stop loss.
Balrampur Chini Mills: Buy is recommended for a price of Rs. 454.6-456.6 for a target of Rs. 471 with a stop loss of Rs.447.2
Sun Pharma: Buy is suggested for a price of Rs. 878.1-882.1 for a target of Rs. 907, maintaining stop loss of Rs. 865.7
Tata Power: Rs. 232.2-233.3 for target of Rs. 241, Stop loss-Rs. 228.4
PVR-Buy in the range of Rs. 1705-1707 for a target of Rs. 1780, Stop loss- Rs. 1666
How stop loss works in intra-day trades?
Stop loss in a situation when day traders decision to buy a particular scrip performs against expectation then this strategy works to exit the trade by applying stop loss.
Disclaimer: The above listed stocks are taken from the Angel Broking brokerage.
