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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 Financial Services Kerala
Last Updated : Mar 21 2016 | 9:53 AM IST
PRESTIGE ESTATES PROJECTS
LAST CLOSE: Rs 139
STOPLOSS: Rs 136.50


Support at 138 below 136.50.  Resistance is at 141 above 143.55. (Buy for intraday with a stoploss below 136.50)
[OVERSOLD + STOCHASTICS BUY + VOLUME JUMP + ABV PREVIOUS CLOSE]

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SURYALAKSHMI COTTON MILLS
LAST CLOSE: Rs 105.15
STOPLOSS: Rs 101.75


Support at 103.10 below 101.75.  Resistance is at 108.50 above 109.90. (Buy for intraday with a stoploss below 101.75)
[MACD & STOCHASTICS BUY + ABV PREVIOUS CLOSE + ABV MOVING AVERAGES]
 
NIIT  
LAST CLOSE: Rs 84.30
STOPLOSS: Rs 80.20


Support at 81.50 below 80.25.  Resistance is at 86.55 above 87.80. (Buy for intraday with a stoploss below 80.25)
[MACD & STOCHASTICS BUY + ABV PREVIOUS CLOSE + VOLUME JUMP + ABV 50 & 200 DMA]

VOLTAS
LAST CLOSE: Rs 269.10
STOPLOSS: Rs 261.90


Support at 263 below 261.90. Resistance is at 274.50above 277.55. (Buy for intraday with a stoploss below 261.90)
[VOLUME JUMP + MACD & STOCHASTICS BUY + ABV 50 DMA]

K.P.R. MILLS
LAST CLOSE: Rs 770.40
STOPLOSS: Rs 759.20


Support at 764 below 759.20. Resistance is at 778.50 above 787. (Buy for intraday with a stoploss below 759.20)
[MACD BUY+ ABV 50 & 200 DMA + VOLUME JUMP + ABV PREVIOUS CLOSE]    

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: Mar 21 2016 | 9:10 AM IST

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