Derivative calls for Axis Bank, L&T from Geojit BNP Paribas

Here are derivative strategies for some index stocks from Geojit BNP Paribas in trade today

Here are some derivative strategies from Geojit BNP Paribas for the day:

SELL AXIS BANK FUTURES at Rs 402
TARGET: Rs 386
STOPLOSS: Rs 408

[BELOW MOVING AVERAGES + VOLUME BUILD UP + BELOW PREVIOUS CLOSE]

SELL L&T FUTURES at Rs 1,119
TARGET: Rs 1,085
STOPLOSS: Rs 1,128

[STOCHASTICS SELL + RISE IN VOLUME + BELOW MOVING AVERAGES]

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