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Intraday trading strategies by Geojit BNP Paribas

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

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Geojit BNP Paribas Kerela
Last Close: Rs 176.15
Stop Loss: Rs 169

Support at Rs 174 below Rs 169. Resistance is at Rs 180 above Rs 186.
[STOCHASTICS BUY + ABV MOVING AVERAGES + ABV PREVIOUS CLOSE]

Last Close: Rs 887.55
Stop Loss: Rs 868

Support at Rs 880 below Rs 868. Resistance is at Rs 905 above Rs 918.
[ABV PREVIOUS CLOSE + ABV MOVING AVERAGES + MACD BUY]

Last Close: Rs 76.90
Stop Loss: Rs 78.25

Support at Rs 75.10 below Rs 72.20. Resistance is at Rs 77.50 above Rs 78.25.
[MACD & STOCHASTICS SELL + BELOW MOVING AVERAGES]
 
Last Close: Rs 809.85
Stop Loss: Rs 814.50

Support at 802 below 795. Resistance is at 811 above 814.50
[MACD & STOCHASTICS SELL + BELOW 50 & 100 DMA + VOLUME JUMP]

CIPLA: SELL
Last Close: Rs 622.35
Stop Loss: Rs 628

Support at 618 below 611. Resistance is at 625 above 628
[MACD & STOCHASTICS SELL + BELOW MOVING AVERAGES + 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 11 2016 | 9:10 AM IST

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