 "Derivative calls for Coal India, ONGC from Geojit BNP Paribas")
DERIVATIVE STRATEGIES
COAL INDIA: SELL
TARGET: Rs 309
STOP LOSS: Rs 323
SELL COALINDIA FUTURES @ 319, TARGET 309, STOPLOSS OF 323
[MACD SELL VOLUME JUMP + BELOW 50 & 100 DMA]
ONGC: SELL
TARGET: Rs 208
Stop Loss: Rs 221
SELL ONGC FUTURES @ 217.80, TARGET 208, STOPLOSS OF 221
[STOCHASTICS SELL + RISE IN VOLUME + BELOW MOVING AVERAGES]
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