 "Buy Emami, P I Inds, KEI Inds; sell Alstom T&D: Geojit BNP Paribas")
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:
EMAMI
LTP: 970.9
Action: BUY
Targets: 985 / 995
Comment: Momentum indicators are supporting an uptrend. MACD has moved above the signal line. Volume above 10D average.
P I INDUSTRIES
LTP: 613.4
Action: BUY on dips
Targets: 625 / 637
Stop-loss: 595
Comment: Momentum oscillators are supporting uptrend. MACD has moved above the signal line and zero line.
KEI INDUSTRIES
LTP : 103.55
Action : BUY
Targets : 105.5 / 108
Stop-loss : 100
Comment: Momentum oscillators are supporting the continuation of the uptrend. MACD has crossed the signal line from below and is about to break above the zero line. Volumes have moved above 10D average. The stock has broken out of a ascending triangle pattern in daily charts.
ALSTOM T&D
LTP: 413.5
Action: SELL on rise
Targets: 406 / 397
Stop-loss: 425
Comment: MACD is about to cross the signal line from above. RSI and Stochastics are coming off the overbought region.
Disclaimer: This report has been prepared by Geojit BNP Paribas Financial Services Limited (GBNPP), here in after referred to as GBNPP. GBNPP, a publicly listed company, is engaged in services of retail broking, credit, portfolio management and marketing investment products including mutual funds, life and general insurance and properties. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this report (including the merits and risks involved). This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed herein is our current opinion as of the date appearing on this report only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.
EMAMI
LTP: 970.9
Action: BUY
Targets: 985 / 995
Also Read
Stop-loss: 952
Comment: Momentum indicators are supporting an uptrend. MACD has moved above the signal line. Volume above 10D average.
P I INDUSTRIES
LTP: 613.4
Action: BUY on dips
Targets: 625 / 637
Stop-loss: 595
Comment: Momentum oscillators are supporting uptrend. MACD has moved above the signal line and zero line.
KEI INDUSTRIES
LTP : 103.55
Action : BUY
Targets : 105.5 / 108
Stop-loss : 100
Comment: Momentum oscillators are supporting the continuation of the uptrend. MACD has crossed the signal line from below and is about to break above the zero line. Volumes have moved above 10D average. The stock has broken out of a ascending triangle pattern in daily charts.
ALSTOM T&D
LTP: 413.5
Action: SELL on rise
Targets: 406 / 397
Stop-loss: 425
Comment: MACD is about to cross the signal line from above. RSI and Stochastics are coming off the overbought region.
Disclaimer: This report has been prepared by Geojit BNP Paribas Financial Services Limited (GBNPP), here in after referred to as GBNPP. GBNPP, a publicly listed company, is engaged in services of retail broking, credit, portfolio management and marketing investment products including mutual funds, life and general insurance and properties. Each recipient of this report should make such investigation as it deems necessary to arrive at an independent evaluation of an investment in the securities of companies referred to in this report (including the merits and risks involved). This document is not for public distribution and has been furnished to you solely for your information and must not be reproduced or redistributed to any other person. Persons into whose possession this document may come are required to observe these restrictions. Opinion expressed herein is our current opinion as of the date appearing on this report only. While we endeavor to update on a reasonable basis the information discussed in this material, there may be regulatory, compliance, or other reasons that prevent us from doing so. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.