Stocks for Intraday trading for today’s session (23 feb 2015) will be HDIL, DLF, JSWENERGY and LUPIN.
Analysis on HDIL: We are looking for buying opportunities in hdil around 115, with intraday target of 120 and stop loss at 113. Here risk reward ration is good and in favor of trading risk. Also stochastic indicator has give a strong and healthy buy signal.
Analysis on DLF: We will wait for support of 147 to be broken before taking any selling positions. Selling below 147 with target 141, and protective stop loss of 150.
Analysis on JSWENERGY: Stock is in good up trend, we will focus on buying this stock at 116 for intraday target of 118 and stoploss of 115. risk reward is very good and attractive.
Analysis on LUPIN: Lupin is also very good for intraday trading for today’s session. We see a downside in today’s session, so looking to sell lupin around 1635 with target of 1600 and stop loss at 1660. Traders must take trade in small quantities as risk reward ratio is not so attractive. Today stock is down by almost 4%, volatility may remain high so watch cautiously.
Watch this below video for detailed analysis on the intraday stocks for today’s session:
This article is for 23 February 2015.