5 Intraday Trading Tips For Today

Gautam Upadhyaya Gautam Upadhyaya 13th September 2023 - 10:58 am

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.