Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today
NILKAMAL: BUYLast Close: Rs 1029.50
Stop loss: Rs 1013
Support at Rs 1019 below Rs 1013. Resistance is at Rs 1042 above more. (Buy for intraday with a stoploss below 1013)
[VOLUME JUMP + MACD & STOCHASTICS BUY + ABV 50 DMA]
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PANACEA BIOTEC: BUY
Last Close: Rs 147.65
Stop Loss: Rs 143.65
Support at Rs 145.10 below Rs143.65. Resistance is at Rs 151.50 above Rs 153.75. (Buy for intraday with a stoploss below Rs 143.65)
[ABV MOVING AVERAGES + MACD & STOCHASTICS BUY + VOLUME JUMP]
KANORIA CHEMICALS & INDUSTRIES: BUY
Last Close: Rs 62.90
Stop Loss: Rs 59.90
Support at Rs 61.25 below Rs 59.90. Resistance is at Rs 64 above Rs 66.35. (Buy for intraday with a stoploss below Rs 59.90)
[VOLUME JUMP + MACD BUY + ABV MOVING AVERAGES + NEW HIGH]
ATLAS CYCLES (HARYANA): BUY
Last Close: Rs 239.60
Stop Loss: Rs 228.10
Support at Rs 232 below Rs 228.10. Resistance is at Rs 245.50 above Rs 253 and more. (Buy for intraday with a stoploss below Rs 228.10)
[STOCHASTICS BUY + VOLUME JUMP + ABV MOVING AVERAGES]
D-LINK (INDIA): BUY
Stop Loss: Rs 176.50
Support at Rs 179 below Rs 176.50. Resistance is at Rs185.50 above Rs 193. (Buy for intraday with a stoploss below Rs 176.50)
[VOLUME JUMP + ABV 50 DMA + 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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