Trading tips 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 04 2015 | 9:21 AM IST
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today

LUMAX INDUSTRIES: BUY
Last Close: Rs 460.65
Stop Loss: Rs 451.10

 
Support at Rs 455 below Rs 451.10. Resistance is at Rs 465.50 above Rs 471.30. 
[OVERSOLD + STOCHASTICS BUY + ABV 50 DMA]

ONMOBILE GLOBAL: BUY
Last Close: Rs 101.95
Stop Loss: Rs 97.90

 
Support at Rs 99.50 below Rs 97.90. Resistance is at Rs 104.30 above 107.10. 
[ABV MOVING AVERAGES + STOCHASTICS BUY + VOLUME JUMP]

 KRBL: BUY
Last Close: Rs 224.75
Stop Loss: Rs 217.40

 
Support at Rs 221 below Rs 217.40. Resistance is at Rs 228.90 above Rs 233.85. 
[VOLUME JUMP + MACD BUY + ABV MOVING AVERAGES + NEW HIGH]
 
LA OPALA RG: BUY
Last Close: Rs 587.50
Stop Loss: Rs 578.30

 
Support at Rs 582 below Rs 578.30. Resistance is at Rs 5950 above Rs 607.30. 
[MACD & STOCHASTICS BUY + VOLUME JUMP + ABV 50 DMA + NEW HIGH]
 
ARCHIDPLY INDUSTRIES: BUY
Last Close: Rs 54.55
Stop Loss: Rs 52.10

 
Support at Rs 53.75 below Rs 52.10. Resistance is at Rs 57 above Rs 59.50. 
[VOLUME JUMP + ABV MOVING AVERAGES + 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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First Published: Nov 04 2015 | 9:07 AM IST

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