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Intra-day trading strategies from Geojit BNP Paribas

Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today

Intra-day trading strategies from Geojit BNP Paribas

Geojit BNP Paribas Financial Services Kerela
BUTTERFLY GANDHIMATHI APPLIANCES: BUY
Last Close: Rs 246.45
Stop Loss: Rs 238

 
Support at Rs 243 below Rs 238. Resistance is at Rs 250.50 above Rs 256.
[STOCHASTICS BUY + VOLUME JUMP + ABV 50 DMA + ABV PREVIOUS CLOSE]
 
FINOLEX INDUSTRIES: BUY
Last Close: Rs 305.55
Stop Loss: Rs 297

 
Support at Rs 302 below Rs 297. Resistance is at Rs 309 above Rs 315. 
[STOCHASTICS BUY + VOLUME JUMP + ABV MOVING AVERAGES]
 
RUSHIL DECOR: BUY
Last Close: Rs 214.85
Stop Loss: Rs 208

 
Support at Rs 211 below Rs 208. Resistance is at Rs 218.20 above Rs 225.
 
[STOCHASTICS BUY + OVERSOLD + ABV 200 DMA + RISE IN VOLUME]
 
JET AIRWAYS (INDIA): BUY
Last Close: Rs 625.25
Stop Loss: Rs 614

 
Support at Rs 620 below Rs 614. Resistance is at Rs 631 above Rs 640 
[STOCHASTICS BUY + ABV PREVIOUS CLOSE + ABV MOVING AVERAGES]
 
RAJ TELEVISION NETWORK: BUY
Last Close: Rs 66.10
Stop Loss: Rs 60

 
Support at Rs 63.20 below Rs 60. Resistance is at Rs 68.60 above Rs 72
[STOCHASTICS BUY + ABV 50 & 100 DMA + VOLUME JUMP]

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: Jan 27 2016 | 9:07 AM IST

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