Intra-day technical strategies from Geojit BNP Paribas

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

PUNJAB NATIONAL BANK (Rs 87.75)

Support at Rs 86.20 below Rs 85.10. Resistance is at Rs 88.95 above Rs 90.75. (Sell for intraday with a stoploss above Rs 90.75)

[STOCHASTICS SELL + VOLUME RISE + BELOW MOVING AVERAGES]

HT MEDIA (Rs 78.55)

Support at Rs 75.80 below Rs 75. Resistance is at Rs 80.50 above Rs 82.95. (Buy for intraday with a stoploss below Rs 75)

[ABV PREVIOUS CLOSE + VOLUME JUMP + MACD & STOCHASTICS BUY]

MANDHANA INDUSTRIES (Rs 302.05)

Support at Rs 300.60 below Rs 296.50. Resistance is at Rs 308.50 above Rs 310.75. (Buy for intraday with a stoploss below Rs 296.50)
 

[MACD & STOCHASTICS BUY+ ABV MOVING AVERAGES + RISE IN VOLUME]

CENTRAL BANK OF INDIA (Rs 61.70)

Support at Rs 59.10 below Rs 56.75. Resistance is at Rs 62.75 above Rs 63.80. (Sell for intraday with a stoploss above Rs 63.80)

[VOLUME JUMP + BELOW MOVING AVERAGES + MACD SELL]

DR REDDY’S LABORATORIES (Rs 2,959.60)

Support at Rs 2,935 below Rs 2,901. Resistance is at Rs 2,968 above Rs 2,976 (Sell for intraday with a stoploss above Rs 2,976)

[STOCHASTICS SELL + VOLUME JUMP + BELOW 50 DMA]

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