Intraday trading strategies by Geojit BNP Paribas

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

CAIRN INDIA (Rs 137.15)
Support at Rs 135.20 below Rs 133.  Resistance is at Rs139 above Rs 140.70. (Sell for intraday with a stoploss above Rs 140.70)
[STOCHASTICS SELL + BELOW PREVIOUS CLOSE + BELOW MOVING AVERAGES]  

NELCO (Rs 121.45)
Support at Rs119.70 below Rs118.  Resistance is at Rs123.75 above Rs127. (Buy for intraday with a stoploss below Rs 118)

[VOLUME JUMP + ABV MOVING AVERAGES + ABV PREVIOUS CLOSE]

S H KELKAR AND COMPANY  (Rs 257.05)  
Support at Rs 253 below Rs 250.20.  Resistance is at Rs 263 above Rs 270. (Buy for intraday with a stoploss below Rs 250.20)

[MACD & STOCHASTICS BUY + VOLUME JUMP + NEW HIGH]

SHIVA TEXYARN (Rs 102.95)
Support at Rs 100.75 below Rs 98.90. Resistance is at Rs104.75 above Rs 108 (Buy for intraday with a stoploss below Rs 98.90)
[MACD & STOCHASTICS BUY+ VOLUME JUMP+ ABV MOVING AVERAGES + NEW HIGH]
 
VINYL CHEMICALS (INDIA)  (Rs 65.25)
Support at Rs 64.75 below Rs 63.10. Resistance is at Rs 68 above Rs 69.90. (Buy for intraday with a stoploss below Rs 63.10)
[MACD & STOCHASTICS BUY + ABV MOVING AVERAGES + VOLUME JUMP]    

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