Top technical calls from Geojit BNP Paribas

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

AXIS BANK: BUY

Last Close: Rs 377.20

Stop Loss: Rs 370.30

Support at Rs 372 below Rs 370.30. Resistance is at Rs 382.50 above Rs 385.50

[MACD BUY + VOLUME BUILD UP + OVERSOLD]

BHARTI AIRTEL: BUY

Last Close: Rs 308.70

Stop Loss: Rs 303.30

Support at Rs 305 below Rs 303.30. Resistance is at Rs 315 above Rs 317.30.

[VOLUME BUILD UP+ OVERSOLD + MACD BUY]

CIPLA: BUY

Last Close: Rs 540.85

Stop Loss: Rs 532

Support at Rs 536 below Rs 532. Resistance is at Rs 547 above Rs 552.

[MACD BUY+ ABV PREVIOUS CLOSE + RISE IN VOLUME]

ELGI EQUIPMENTS:  BUY

Last Close: Rs 122.95
Stop Loss: Rs 119.20
 

Support at Rs 121 below Rs 119.20. Resistance is at Rs 125 above Rs 127.50.

[VOLUME JUMP + ABV PREVIOUS CLOSE + MACD BUY]
 

DR. REDDY’S LABORATORIES: BUY
Last Close: Rs 2,885.35
Stop Loss: Rs 2,855
 

Support at 2865 below Rs 2,855. Resistance is at Rs 2,935 above Rs 2,962

[MACD BUY + VOLUME JUMP + ABV PREVIOUS CLOSE]

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