Trading strategies 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 Kerala
Last Updated : Feb 08 2016 | 9:32 AM IST
HINDUSTAN UNILEVER (844.95)
Support at 839 below 833.70. Resistance is at 849.35 above 852.60. (Sell for intraday with a stoploss above 852.60)
[BELOW 200 DMA + VOLUME JUMP + OVERBOUGHT]

GAIL (INDIA) (342.55)
Support at 339 below 335.75. Resistance is at 345 above 347.40. (Sell for intraday with a stoploss above 347.40)
[MACD & STOCHASTICS SELL + VOLUME JUMP + BELOW 200 DMA]

MT EDUCARE (158.95)
Support at 156.25 below 155.10. Resistance is at 160.90 above 164.75. (Buy for intraday with a stoploss below 155.10)
[MACD & STOCHASTICS BUY+ ABV 100 & 200 DMA + RISE IN VOLUME]

JET AIRWAYS (569.50)
Support at 565 below 560.30. Resistance is at 575 above 579.40 (Buy for intraday with a stoploss below 560.30)
[OVERSOLD + STOCHASTICS BUY + VOLUME JUMP + ABV 100 & 200 DMA]

NIIT (81.05)
Support at 80 below 79.10. Resistance is at 83.20 above 85 (Buy for intraday with a stoploss below 79.10)
[MACD & STOCHASTICS BUY + VOLUME JUMP + OVERSOLD]

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: Feb 08 2016 | 9:17 AM IST

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