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Five Midcap picks from Geojit BNP Paribas

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

Five Midcap picks from Geojit BNP Paribas
Geojit BNP Paribas Financial Services Mumbai
Last Updated : Oct 19 2015 | 10:25 AM IST
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:

VIMTA LABS: BUY
LAST CLOSE: Rs 87


Support at Rs 85.10 below Rs 83.90. Resistance is at Rs 89.30 above Rs 91.50. (Buy for intraday with a stoploss below Rs 83.90)

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[VOLUME JUMP + MACD & STOCHASTICS BUY + ABV MOVING AVERAGES]

HIKAL: BUY
LAST CLOSE: Rs 134.90


Support at Rs 131 below Rs 129. Resistance is at Rs 137 above Rs 139.90. (Buy for intraday with a stoploss below Rs 129)

[ABV 50 & 200 DMA + MACD & STOCHASTICS BUY + VOLUME JUMP]

NIIT TECHNOLOGIES: BUY
LAST CLOSE: Rs 493.60

Support at Rs 485 below Rs 480. Resistance is at Rs 500 above Rs 512. (Buy for intraday with a stoploss below Rs 480)

[VOLUME JUMP + STOCHASTICS BUY + ABV 50 DMA]

RUSHIL DECOR: BUY
LAST CLOSE: Rs 230.15


Support at Rs 226 below Rs 222. Resistance is at Rs 233.75 above Rs 240. (Buy for intraday with a stoploss below Rs 222)

[MACD BUY + VOLUME JUMP + ABV PREVIOUS CLOSE + ABV MOVING AVERAGES]

RADICO KHAITAN: BUY
LAST CLOSE: Rs 93.20


Support at Rs 91.20 below Rs 89.50. Resistance is at Rs 95.25 above Rs 98. (Buy for intraday with a stoploss below Rs 89.50)

[VOLUME JUMP + ABV MOVING AVERAGES + MACD & 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: Oct 19 2015 | 9:09 AM IST

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