Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:
SELL BANK OF BARODA
LAST CLOSE: Rs 172.05
Support at Rs 169.55 below Rs 167. Resistance is at Rs 173.50 above Rs 175. (Sell for intraday with a stoploss above Rs 175)
[BELOW 50 & 200 DMA + MACD & STOCHASTICS SELL + BELOW PREVIOUS CLOSE]
BUY HERITAGE FOODS
LAST CLOSE: Rs 468.95
Support at Rs 461 below Rs 455.65. Resistance is at Rs Rs 472.90 above Rs 479.75. (Buy for intraday with a stoploss below Rs 455.65)
[ABV MOVING AVERAGES + MACD BUY + VOLUME JUMP + NEW HIGH]
BUY SANGHI INDUSTRIES
LAST CLOSE: Rs 72.85
Support at Rs 69.50 below Rs 68.55. Resistance is at Rs 75.20 above Rs 77.50. (Buy for intraday with a stoploss below Rs 68.55)
[VOLUME JUMP + MACD & STOCHASTICS BUY + ABV MOVING AVERAGES + NEW HIGH]
BUY V2 RETAIL
LAST CLOSE: Rs 78.75
Support at Rs 76.90 below Rs 75. Resistance is at Rs 80.55 above Rs 82.25. (Buy for intraday with a stoploss below Rs 75)
[MACD & STOCHASTICS BUY + VOLUME JUMP + ABV MOVING AVERAGES]
BUY NIIT TECHNOLOGIES
LAST CLOSE: Rs 553.45
Support at Rs 548 below Rs 543. Resistance is at Rs 559.20 above Rs 567.40. (Buy for intraday with a stoploss below Rs 543)
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.
SELL BANK OF BARODA
LAST CLOSE: Rs 172.05
Support at Rs 169.55 below Rs 167. Resistance is at Rs 173.50 above Rs 175. (Sell for intraday with a stoploss above Rs 175)
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[BELOW 50 & 200 DMA + MACD & STOCHASTICS SELL + BELOW PREVIOUS CLOSE]
BUY HERITAGE FOODS
LAST CLOSE: Rs 468.95
Support at Rs 461 below Rs 455.65. Resistance is at Rs Rs 472.90 above Rs 479.75. (Buy for intraday with a stoploss below Rs 455.65)
[ABV MOVING AVERAGES + MACD BUY + VOLUME JUMP + NEW HIGH]
BUY SANGHI INDUSTRIES
LAST CLOSE: Rs 72.85
Support at Rs 69.50 below Rs 68.55. Resistance is at Rs 75.20 above Rs 77.50. (Buy for intraday with a stoploss below Rs 68.55)
[VOLUME JUMP + MACD & STOCHASTICS BUY + ABV MOVING AVERAGES + NEW HIGH]
BUY V2 RETAIL
LAST CLOSE: Rs 78.75
Support at Rs 76.90 below Rs 75. Resistance is at Rs 80.55 above Rs 82.25. (Buy for intraday with a stoploss below Rs 75)
[MACD & STOCHASTICS BUY + VOLUME JUMP + ABV MOVING AVERAGES]
BUY NIIT TECHNOLOGIES
LAST CLOSE: Rs 553.45
Support at Rs 548 below Rs 543. Resistance is at Rs 559.20 above Rs 567.40. (Buy for intraday with a stoploss below Rs 543)
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.