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Derivative Strategies for Asian Paints. Cipla

Here are derivative strategies for some index stocks from Geojit BNP Paribas in trade today

Derivative Strategies for Asian Paints. Cipla

Geojit BNP Paribas Financial Services Kerala
ASIAN PAINTS: BUY
TARGET: Rs 843
STOPLOS: Rs 821


BUY ASIANPAINT FUTURES at Rs 827
[MACD & STOCHASTICS BUY + VOLUME JUMP + ABV 200 DMA]


CIPLA: BUY
TARGET: Rs 660
STOPLOSS: Rs 639


BUY CIPLA FUTURES at Rs 646
[VOLUME JUMP + STOCHASTICS BUY + 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: Nov 23 2015 | 9:25 AM IST

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