Top picks from Geojit BNP Paribas

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

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Geojit BNP Paribas Financial Services Kerela
Last Updated : Nov 20 2015 | 9:17 AM IST
ITC: BUY
Last Close: Rs 352.05
Stop Loss: Rs 346.10

 
Support at Rs 348.20 below Rs 346.10. Resistance is at Rs 356.50 above Rs 358.
[VOLUME JUMP + ABV MOVING AVERAGES + STOCHASTICS BUY]
 
THE GREAT EASTERN SHIPPING COMPANY: BUY
Last Close: Rs 392.25
Stop Loss: Rs 387.50

 
Support at Rs 390 below Rs 387.50. Resistance is at Rs 398 above Rs 407.
[MACD BUY + VOLUME BUILD UP + ABV MOVING AVERAGES]
 

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BLUE STAR: BUY
Last Close: Rs 360.40
Stop Loss: Rs 353

 
Support at Rs 355 below Rs 353. Resistance is at Rs 365 above Rs 369.
[STOCHASTICS BUY+ ABV MOVING AVERAGES + VOLUME JUMP]
 
ASTRA MICROWAVE PRODUCTS: BUY
Last Close: Rs 150.55
Stop Loss: Rs 146.20

 
Support at Rs 148 below Rs 146.20. Resistance is at Rs 153 above Rs 157.
[STOCHASTICS BUY + ABV MOVING AVERGAES+ ABV PREVIOUS CLOSE]
 
MAHINDRA & MAHINDRA: BUY
Last Close: Rs 1292.10
Stop Loss: Rs 1279

 
Support at Rs 1285 below Rs 1279. Resistance is at Rs 1306 above Rs 1318.
[MACD BUY + ABV MOVING AVERAGES + ABV PREVIOUS CLOSE]

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 20 2015 | 9:04 AM IST

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