Technical calls for Dr Reddys, West Coast Paper, ICICI Bank, L&T, BHEL

Here are a few intra-day stock recommendations from Geojit BNP Paribas

Sudheer Basheer Kerala
Last Updated : Aug 24 2015 | 9:11 AM IST
Here are a few intra-day stock recommendations from Geojit BNP Paribas for trade today:

DR. REDDY’S LABORATORIES: BUY

Last Close: Rs 4244.05
Stop Loss: Rs 4271

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Support at 4218 below 4196. Resistance is at 4265 above 4271. (Sell for intraday with a stop loss above 4271)
[MACD SELL + BELOW PREVIOUS CLOSE + VOLUME BUILD UP]

WEST COAST PAPER MILLS: BUY

Last Close: Rs 72.25
Stop Loss: Rs 69.50

Support at 71 below 69.50. Resistance is at 74 above 75.80. (Buy for intraday with a stop loss below 69.50)
[ABV MOVING AVERAGES + STOCHASTICS BUY + ABV PREVIOUS CLOSE]

ICICI BANK: SELL

Last Close: Rs 296.50
Stop Loss: Rs 301

Support at 294 below 288. Resistance is at 299 above 301. (Sell for intraday with a stoploss above 301)
[BELOW MOVING AVERAGES+ MACD & STOCHASTICS SELL + BELOW PREVIOUS CLOSE]

LARSEN & TOUBRO: SELL

Last Close: Rs 1740
Stop Loss: Rs 1760

Support at 1732 below 1710 and more. Resistance is at 1753 above 1760. (Sell for intraday with a stop loss above 1760)
[VOLUME JUMP+ BELOW 50 DMA + STOCHASTICS SELL + BELOW PREVIOUS CLOSE]

BHARAT HEAVY ELECTRICALS: SELL

Last Close: Rs 248.85
Stop Loss: Rs 253.50

Support at 245 below 242 and more. Resistance is at 251 above 253.50. (Sell for intraday with a stop loss above 253.50)
[BELOW MOVING AVERAGES + BELOW PREVIOUS CLOSE + VOLUME JUMP + MACD & STOCHASTICS SELL]


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First Published: Aug 24 2015 | 9:04 AM IST

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