 "Geojit BNP launches trading platform 'Selfie'")
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:
VIVIMED LABS
LTP: Rs 87.75
Action: BUY
Targets: Rs 89 / Rs 93
Stop-loss: Rs 85
Comment: RSI and Stochastics are supporting the continuation of the uptrend. MACD still remains positive. The stock manages to move above the crucial resistance level of Rs 87.5 the other day.
RCOM
LTP: Rs 50.2
Action: SELL
Targets: Rs 49 / Rs 47.6
Stop-loss: Rs 52
Comment: Stochastics and RSI indicators are supporting the continuation of the downtrend. MACD is below the zero line. Daily volumes have moved above the 10D average.
KIRI INDUSTRIES
LTP: Rs 184.15
Action: BUY on dips to Rs 181
Targets: Rs 187 / Rs 192
Stop-loss: Rs 176
Comment : MACD remains positive favoring upside. The stoch has breached the resistance level of Rs 171.65 the other day.
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.
