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Intraday trading strategies by Geojit BNP Paribas

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

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Geojit BNP Paribas Kerela
Last Updated : Jan 05 2016 | 9:55 AM IST
OIL & NATURAL GAS CORPORATION: BUY
Last Close: Rs 229.90
Stop Loss: Rs 221

 
Support at Rs 225 below Rs 221. Resistance is at Rs 233 above Rs 237. 
[OVERSOLD + VOLUME JUMP + STOCHASTICS BUY]
 
TATA ELXSI: BUY
Last Close: Rs 1,880.75
Stop Loss: Rs 1,852

Support at 1868 below Rs 1,852. Resistance is at Rs 1,906 above Rs 1,947. 
[ABV MOVING AVERAGES + ABV PREVIOUS CLOSE + VOLUME JUMP]
 

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VADILAL INDUSTRIES: BUY
Last Close: Rs 511.05
Stop Loss: Rs 499

 
Support at Rs 505 below Rs 499. Resistance is at Rs 519 above 527.
[OVERSOLD + VOLUME JUMP + STOCHASTICS BUY + ABV PREVIOUS CLOSE]
 
BLISS GVS PHARMA: BUY
Last Close: Rs 170.95
Stop Loss: Rs 166.10

 
Support at Rs 169 below Rs 166.10. Resistance is at Rs 174 above Rs 179.
[VOLUME JUMP+ MACD BUY + ABV 50 DMA)
 
STATE BANK OF INDIA: BUY
Last Close: Rs 228.35
Stop Loss: Rs 222

 
Support at Rs 226.85 below Rs 222. Resistance is at Rs 233 above Rs 239. 
[VOLUME JUMP + ABV PREVIOUS CLOSE + OVERSOLD + 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: Jan 05 2016 | 9:10 AM IST

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