Top Intraday Stock Trades for August Series: NMDC Steel, Concor, Indigo, NCC & Lupin – Entry, SL, Targets
By CapitalKeeper | Top Intraday Stock | Smart Trading Starts Here
Explore high-probability technical trade setups in NMDC Steel, Concor, Indigo, NCC, and Lupin for August expiry. Includes cash & options strategies with stop loss and target levels.
📈 Trade Watchlist: NMDC Steel, Concor, Indigo, NCC & Lupin – Top Technical Picks for August
As we move deeper into the August series, stock-specific action is gaining traction. Based on technical structure, volume action, and derivatives build-up, here are five handpicked setups across cash and options segments that offer high reward-to-risk potential for short- to mid-term trades.
🔹 1. NMDC Steel (NMDCSTL)
- CMP: ₹39
- Trade Type: Positional – Cash
- Buy Zone: At CMP
- Stop Loss: ₹32
- Targets: ₹51 → ₹64
📊 Technical View:
After a prolonged consolidation in the ₹30–38 zone, NMDC Steel has shown signs of accumulation with a breakout on rising volume. A move above ₹40 can unleash strong upward momentum. Momentum indicators are turning positive.
🔹 2. Container Corporation of India (CONCOR)
- CMP: ₹613
- Trade Type: Positional – Cash
- Buy Zone: ₹550–₹570
- Stop Loss: ₹485
- Targets: ₹700 → ₹750 → ₹770
📊 Technical View:
Concor is forming a cup & handle pattern on the weekly chart. The ₹550–570 range has acted as a strong base. A bounce from this zone can set the stage for a sustained rally towards its 52-week highs. Ideal for medium-term investors.
✈️ 3. InterGlobe Aviation (INDIGO)
- CMP: ₹5868
- Trade Type: Dual Strategy – Cash + Options
🔹 Cash Strategy:
- Stop Loss: ₹5750
- Targets: ₹6000 → ₹6158
🔹 Options Strategy:
- 6000 CE @ ₹55 (August Series)
- Target: ₹80 → ₹95
- Stop Loss: ₹40
📊 Technical View:
Indigo is breaking out of a multi-day resistance zone near ₹5900. The stock has shown strength even on weak market days. Breakout backed by delivery volume. Options data shows bullish writing support.
🔹 4. NCC Ltd. (NCC)
- CMP: ₹230
- Trade Type: Option – August Series
- Strategy:
- Buy: 240 CE @ ₹2
- Stop Loss (Cash Reference): Below ₹215
- View: Buy & Hold
📊 Technical View:
NCC is trending upward with consistent higher lows. Infrastructure stocks are gaining institutional interest, and NCC is well-placed for a breakout. Options positioning supports a potential run toward ₹240–250 zone.
💊 5. Lupin Ltd. (LUPIN)
- Strategy: Option – Current Series
- Trade: Buy 2000 CE @ ₹8.45
- Targets: ₹18.80 → ₹25.90 → ₹31.70
- Stop Loss: ₹0
📊 Technical View:
Lupin has been showing relative strength among pharma majors. The 2000 CE trade provides excellent risk-reward with potential to deliver 3x–4x returns if momentum sustains. Option chain buildup is favorable.
📋 Quick Summary Table
| Stock | Trade Type | Entry / CMP | SL | Target(s) | Strategy |
|---|---|---|---|---|---|
| NMDC Steel | Cash | ₹39 | ₹32 | ₹51 / ₹64 | Positional |
| Concor | Cash | ₹550–₹570 | ₹485 | ₹700 / ₹750 / ₹770 | Swing / Positional |
| Indigo | Cash + Option | ₹5868 | ₹5750 | ₹6000 / ₹6158 | Dual Strategy |
| Indigo | Option | 6000 CE @48 | ₹40 | ₹80 / ₹95 | August Expiry |
| NCC | Option | 240 CE @2 | < ₹215 | Hold for breakout | August Expiry |
| Lupin | Option | 2000 CE @8.45 | ₹0 | ₹18.80 / ₹25.90 / ₹31.70 | Current Series |
🔍 CapitalKeeper Final Take:
These setups are backed by clear technical structures, strong volume trends, and favorable derivatives positioning, making them worthy candidates for high-conviction swing and positional trades.
⚠️ Always maintain proper position sizing and stop losses. These setups are shared for educational purposes and not investment advice.
📌 For more real-time updates, trade setups, and investment insights — follow us on [Telegram] and [WhatsApp Channel] subscribe to our newsletter!
📌 Disclaimer
The content provided on CapitalKeeper.in is for informational and educational purposes only and does not constitute investment, trading, or financial advice. While we strive to present accurate and up-to-date market data and analysis, we make no warranties or representations regarding the completeness, reliability, or accuracy of the information.
Stock market investments are subject to market risks, and readers/investors are advised to conduct their own due diligence or consult a SEBI-registered financial advisor before making any investment decisions. CapitalKeeper and its authors are not liable for any loss or damage, direct or indirect, arising from the use of this information.
All views and opinions expressed are personal and do not reflect the official policy or position of any agency or organization. Past performance is not indicative of future results.
By using this website, you agree to the terms of this disclaimer.
Leave a Reply