Support at Rs 225 below Rs 220. Resistance is at Rs 231 above Rs 237. (Buy for intraday with a stoploss below Rs 220)
[STOCHASTICS BUY + VOLUME JUMP + OVERSOLD]
ASHAPURA MINECHEM: (Rs 70.20)
Support at Rs 69.75 below Rs 68.10. Resistance is at Rs 71.75 above Rs 73.90. (Buy for intraday with a stoploss below Rs 68.10)
Also Read
EMPEE DISTILLERIES: (Rs 72.90)
Support at Rs 71.75 below Rs 70.50. Resistance is at Rs 75.50 above Rs 77.30. (Buy for intraday with a stoploss below Rs 70.50)
ESTER INDUSTRIES: (Rs 66.20)
Support at Rs 65.25 below Rs 63.90. Resistance is at Rs 67.75 above Rs 69.90 (Buy for intraday with a stoploss below Rs 63.90)
[STOCHASTICS BUY + ABV PREVIOUS CLOSE + ABV 200 DMA]
ITC: (Rs 308.75)
Support at Rs 304.20 below Rs 299.75. Resistance is at Rs 313 above Rs 314.75 (Sell for intraday with a stoploss above Rs 314.75)
[MACD SELL + BELOW MOVING AVERAGES + VOLUME JUMP]
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.
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