Intra-day trading tips from Geojit BNP Paribas; Buy Tata Motors, IndusInd Bank

Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today

Geojit BNP launches trading platform 'Selfie'
Geojit BNP Paribas Financial Services Kerela
Last Updated : Nov 03 2015 | 9:35 AM IST
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:

BUY INDUSIND BANK
LAST CLOSE: Rs 913.65


Support at Rs 908 below Rs 903.50. Resistance is at Rs 919 above Rs 935.50. (Buy for intraday with a stoploss below Rs 903.50)

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[OVERSOLD + STOCHASTICS BUY + ABV 100 & 200 DMA]

BUY INTELLECT DESIGN ARENA
LAST CLOSE: Rs 264.30


Support at Rs 261 below Rs 257. Resistance is at Rs 270.20 above Rs 276.30. (Buy for intraday with a stoploss below Rs 257)

[ABV MOVING AVERAGES + MACD & STOCHASTICS BUY + VOLUME JUMP + NEW HIGH]

BUY ZEE ENTERTAINMENT ENTERPRISES
LAST CLOSE: Rs 412.90


Support at Rs 410 below Rs 407.70. Resistance is at Rs 416.50 above Rs 421.75. (Buy for intraday with a stoploss below Rs 407.70)

[OVERSOLD + VOLUME JUMP + MACD BUY + ABV MOVING AVERAGES]

BUY TATA MOTORS
LAST CLOSE: Rs 387.95


Support at Rs 385 below Rs 382. Resistance is at Rs 390.50 above Rs 396. (Buy for intraday with a stoploss below Rs 382)

[MACD & STOCHASTICS BUY + VOLUME JUMP + ABV PREVIOUS CLOSE]

BUY SEAMEC
LAST CLOSE: Rs 122.75


Support at Rs 121 below Rs 119.50. Resistance is at Rs 125 above Rs 127.90. (Buy for intraday with a stoploss below Rs 119.50)

[VOLUME JUMP + ABV MOVING AVERAGES + STOCHASTICS BUY]

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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First Published: Nov 03 2015 | 9:01 AM IST

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