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Intraday trading strategies by 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 Kerela

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NITIN SPINNERS: BUY
Last Close: Rs 79.85
Stop Loss: Rs 75.30

 
Support at Rs 77.60 below Rs 75.30. Resistance is at Rs 83 above Rs 88. 
[MACD & STOCHASTICS BUY + VOLUME JUMP + ABV MOVING AVERAGES]
 
KOTHARI PRODUCTS: BUY
Last Close: Rs 370
Stop Loss: Rs 361.35

 
Support at Rs 365.30 below Rs 361.35. Resistance is at Rs 379 above Rs 401.
[VOLUME JUMP + ABV MOVING AVERAGES + MACD & STOCHASTICS BUY + NEW HIGH]

DCM: BUY
Last Close: Rs 95.65
Stop Loss: Rs 92.10

 
Support at Rs 93 below Rs 92.10. Resistance is at Rs 97.35 above Rs 99. 
 

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[MACD & STOCHASTICS BUY + ABV PREVIOUS CLOSE + VOLUME JUMP]
 
MAHINDRA HOLIDAYS & RESORTS INDIA: BUY
Last Close: Rs 451.95
Stop Loss: Rs 441.20

 
Support at Rs 444 below Rs 441.20. Resistance is at Rs 458 above Rs 463 and more 
[MACD BUY+ VOLUME JUMP+ ABV MOVING AVERAGES + NEW HIGH]
 
RUBY MILLS: BUY
Last Close: Rs 422.85
Stop Loss: Rs 411

 
Support at Rs 415 below Rs 411. Resistance is at Rs 427 above Rs 432.
[MACD & STOCHASTICS BUY + ABV MOVING AVERAGES + VOLUME JUMP + NEW HIGH]

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: Dec 24 2015 | 9:05 AM IST

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