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Intra-day technical strategies from Geojit BNP Paribas

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

Intra-day technical strategies from Geojit BNP Paribas
Geojit BNP Paribas Financial Services Mumbai
Last Updated : Feb 24 2016 | 9:27 AM IST
AIA ENGINEERING: BUY
Last Close: Rs 777.25
Stop Loss: Rs 762.75

 
Support at Rs 771 below Rs 762.75. Resistance is at Rs 785.50 above Rs 792.70.
[STOCHASTICS BUY + ABV PREVIOUS CLOSE + VOLUME JUMP]

ICICI BANK: SELL
Last Close: Rs 192
Stop Loss: Rs 196.55

 
Support at Rs 190.70 below Rs 186.70. Resistance is at Rs 193.90 above Rs 196.55.
[BELOW PREVIOUS CLOSE + VOLUME JUMP + BELOW MOVING AVERAGES]

COAL INDIA: SELL
Last Close: Rs 301.10
Stop Loss: Rs 307.50

 
Support at Rs 296 below Rs 292. Resistance is at Rs 303.90 above Rs 307.50.
[MACD & STOCHASTICS SELL + RISE IN VOLUME + BELOW MOVING AVERAGES]
 

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JK CEMENT: BUY
Last Close: Rs 475.20
Stop Loss: Rs 464.90

 
Support at Rs 470.10 below Rs 464.90. Resistance is at Rs 482.50 above Rs 486.
[VOLUME JUMP + ABV PREVIOUS CLOSE + MACD & STOCHASTICS BUY]
 
KEI INDUSTRIES: BUY
Last Close: Rs 96.15
Stop Loss: Rs 92.95

 
Support at Rs 94.25 below Rs 92.95. Resistance is at Rs 99 above Rs 102.30 
[STOCHASTICS BUY+ VOLUME JUMP + OVERSOLD]

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: Feb 24 2016 | 9:14 AM IST

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