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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 68.45
Stop Loss: Rs 66.20

Support at Rs 67.50 below Rs 66.20. Resistance is at Rs 69.45 above Rs 72.50.
[ABV PREVIOUS CLOSE + ABV MOVING AVERAGES + MACD BUY + VOLUME JUMP]

OIL INDIA: SELL
Last Close: Rs 376.25
Stop Loss: Rs 383

Support at Rs 372 below Rs 367.10. Resistance is at Rs 379.90 above Rs 383.
[STOCHASTICS SELL + BELOW MOVING AVERAGES + BELOW PREVIOUS CLOSE]

SUBROS: BUY
Last Close: Rs 106.25
Stop Loss: Rs 102.25

Support at Rs 103.10 below Rs 102.25. Resistance is at Rs 109 above Rs 113.65
 
[STOCHASTICS BUY + OVERSOLD + ABV MOVING AVERAGES + VOLUME JUMP]

Last Close: Rs 59.65
Stop Loss: Rs 57.90

Support at Rs 58.75 below Rs 57.90. Resistance is at Rs 60.75 above Rs 63.80
[MACD & STOCHASTICS BUY + ABV MOVING AVERAGES + VOLUME JUMP + NEW HIGH]

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 12 2016 | 9:11 AM IST

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