 "Technical calls on Asian Paints, Hercules Hoists, HOV Services, Sarda Energy, Hathway Cables")
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:
ASIAN PAINTS: BUY
Last Close: Rs 851.90
Stop Loss: Rs 843
Support at 849 below 843. Resistance is at 863 above 874.90. (Buy for intraday with a stoploss below 843)
[ABV MOVING AVERAGES + VOLUME BUILD UP + STOCHASTICS BUY]
HERCULES HOISTS: BUY
Last Close: Rs 167.05
Stop Loss: Rs 163.60
Support at 165.20 below 163.30. Resistance is at 171.50 above 176. (Buy for intraday with a stoploss below 163.30)
[STOCHASTICS BUY + OVERSOLD + ABV PREVIOUS CLOSE]
HOV SERVICES: BUY
Last Close: Rs 70.10
Stop Loss: Rs 66.95
Support at 68.30 below 66.95. Resistance is at 72.10 above 74. (Buy for intraday with a stoploss below 66.95)
[ABV PREVIOUS CLOSE + VOLUME BUILD UP + STOCHASTICS BUY]
SARDA ENERGY: BUY
Last Close: Rs 103.50
Stop Loss: Rs 100.20
Support at 101 below 100.20. Resistance is at 106.30 above 108.50. (Buy for intraday with a stoploss below 100.20)
[VOLUME BUILD UP+ ABV PREVIOUS CLOSE + STOCHASTICS BUY]
HATHWAY CABLES: BUY
Last Close: Rs 40.10
Stop Loss: Rs 37.50
Support at 39 below 37.50. Resistance is at 42 above 43.90 and more. (Buy for intraday with a stoploss below 37.50)
[STOCHASTICS BUY + 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. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable, but we do not represent that it is accurate or complete and it should not be relied on as such. We have also reviewed the research report for any untrue statements of material facts or any false or misleading information. GBNPP shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. 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.
ASIAN PAINTS: BUY
Last Close: Rs 851.90
Stop Loss: Rs 843
More From This Section
Support at 849 below 843. Resistance is at 863 above 874.90. (Buy for intraday with a stoploss below 843)
[ABV MOVING AVERAGES + VOLUME BUILD UP + STOCHASTICS BUY]
HERCULES HOISTS: BUY
Last Close: Rs 167.05
Stop Loss: Rs 163.60
Support at 165.20 below 163.30. Resistance is at 171.50 above 176. (Buy for intraday with a stoploss below 163.30)
[STOCHASTICS BUY + OVERSOLD + ABV PREVIOUS CLOSE]
HOV SERVICES: BUY
Last Close: Rs 70.10
Stop Loss: Rs 66.95
Support at 68.30 below 66.95. Resistance is at 72.10 above 74. (Buy for intraday with a stoploss below 66.95)
[ABV PREVIOUS CLOSE + VOLUME BUILD UP + STOCHASTICS BUY]
SARDA ENERGY: BUY
Last Close: Rs 103.50
Stop Loss: Rs 100.20
Support at 101 below 100.20. Resistance is at 106.30 above 108.50. (Buy for intraday with a stoploss below 100.20)
[VOLUME BUILD UP+ ABV PREVIOUS CLOSE + STOCHASTICS BUY]
HATHWAY CABLES: BUY
Last Close: Rs 40.10
Stop Loss: Rs 37.50
Support at 39 below 37.50. Resistance is at 42 above 43.90 and more. (Buy for intraday with a stoploss below 37.50)
[STOCHASTICS BUY + 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. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable, but we do not represent that it is accurate or complete and it should not be relied on as such. We have also reviewed the research report for any untrue statements of material facts or any false or misleading information. GBNPP shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. 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.