 "Geojit BNP launches trading platform 'Selfie'")
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:
NATIONAL ALUMINIUM COMPANY
Read more from our special coverage on "TECHNICAL CALLS"
LTP: Rs 41.35
Action: BUY
Targets: Rs 42.25 / Rs 44.5
Stop-loss: Rs 39.7
Comment : Momentum indicators are supporting an uptrend. MACD has moved above the signal line. Volume above 10D average.
KAJARIA CERAMICS
LTP: Rs 997
Action: BUY on dips
Targets: Rs 1,013 / Rs 1,026
Stop-loss: Rs 972
Comment : Stock is trading near its all-time high levels. Momentum oscillators are supporting uptrend. MACD has moved above the signal line and zero line.
INTERGLOBE AVIATION
LTP: Rs 1,030.9
Action: BUY
Targets: Rs 1,050 / Rs 1,066
Stop-loss: Rs 1,001
Comment : Momentum oscillators are supporting the continuation of the uptrend. MACD is above the signal line . The stock has moved above the crucial
resistance point of Rs 1015.
ORIENTAL BANK OF COMMERCE
LTP: Rs 92.2
Action: SELL on rise
Targets: Rs 90.5 / Rs 89
Stop-loss: Rs 95
Comment : MACD is below the signal line. Closed near the low of the day on the last trading day.
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.
