Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:
BBTC (Bombay Burmah Trading Corp)
LTP : Rs 397.45
Targets : Rs 404 / Rs 408
Stop-loss : Rs 389
Comment : Momentum indicators are supporting continuation of uptrend. Volume has moved
above the 10 day average. The stock has taken support around Rs 385 and has started to reverse.
NCC
LTP : Rs 78.25
Action : BUY on dips
Targets : Rs 79.8 / Rs 82
Stop-loss : Rs 75.5
Comment : Momentum osicallators are supporting continuation of the uptrend. MACD is above the signal line . Volume have jumped and is near the 10 day average. The stock has moved above the resistance of Rs 78.25.
BF Utilities
LTP : Rs 563.85
Action : Buy on declines
Targets : Rs 573 / Rs 580
Stop-loss : Rs 547
Comment : The momentum oscillators like RSI and Stochastics are coming off the oversold region and is supporting further upside. The has started to reverse from the lower bollinger band of Rs 550.
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.
BBTC (Bombay Burmah Trading Corp)
LTP : Rs 397.45
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Action : BUY on dips
Targets : Rs 404 / Rs 408
Stop-loss : Rs 389
Comment : Momentum indicators are supporting continuation of uptrend. Volume has moved
above the 10 day average. The stock has taken support around Rs 385 and has started to reverse.
NCC
LTP : Rs 78.25
Action : BUY on dips
Targets : Rs 79.8 / Rs 82
Stop-loss : Rs 75.5
Comment : Momentum osicallators are supporting continuation of the uptrend. MACD is above the signal line . Volume have jumped and is near the 10 day average. The stock has moved above the resistance of Rs 78.25.
BF Utilities
LTP : Rs 563.85
Action : Buy on declines
Targets : Rs 573 / Rs 580
Stop-loss : Rs 547
Comment : The momentum oscillators like RSI and Stochastics are coming off the oversold region and is supporting further upside. The has started to reverse from the lower bollinger band of Rs 550.
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.