)
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:
DR. REDDY’S LABORATORIES: SELL
Last Close: Rs 4052.85
Stop Loss: Rs 4090
DR. REDDY’S LABORATORIES: SELL
Last Close: Rs 4052.85
Stop Loss: Rs 4090
Support at 4005 below 3986 and more. Resistance is at 4070 above 4090. (Sell for intraday with a stoploss above 4090)
[MACD & STOCHASTICS SELL + VOLUME JUMP + BELOW PREVIOS CLOSE]
Support at 551 below 546 and more. Resistance is at 561 above 568. (Sell for intraday with a stoploss above 568)
[MACD & STOCHASTICS SELL + BELOW PREVIOUS CLOSE + VOLUME JUMP]
Support at 317 below 313 and more. Resistance is at 327 above 335. (Sell for intraday with a stoploss above 335)
[BELOW MOVING AVERAGES + VOLUME BUID UP + MACD & STOCHASTICS SELL]
Support at 586 below 582. Resistance is at 594 above 600. (Buy for intraday with a stoploss below 582)
[VOLUME JUMP+ MACD & STOCHASTICS BUY + ABV PREVIOUS CLOSE]
Support at 251 below 247. Resistance is at 258 above 263. (Buy for intraday with a stoploss below 247)
[STOCHASTICS BUY + VOLUME JUMP + ABV PREVIOUS CLOSE]
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. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable, but we do not represent that it is accurate or complete and it should not be relied on as such. We have also reviewed the research report for any untrue statements of material facts or any false or misleading information. GBNPP shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. 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.
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. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable, but we do not represent that it is accurate or complete and it should not be relied on as such. We have also reviewed the research report for any untrue statements of material facts or any false or misleading information. GBNPP shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. 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.
