 "Intraday trading strategies by Geojit BNP Paribas")
BHARAT HEAVY ELECTRICALS (Rs 143.65)
Support at Rs 141 below Rs 139.20. Resistance is at Rs 147 above Rs 149.50. (Sell for intraday with a stoploss above Rs 149.50)
[MACD SELL + VOLUME JUMP + NEW LOW + BELOW MOVING AVERAGES]
BERGER PAINTS (Rs 256.75)
Support at Rs 251 below Rs 249.20. Resistance is at Rs 260.30 above Rs 264.35. (Buy for intraday with a stoploss below Rs 249.20)
[STOCHASTCS BUY + VOLUME JUMP + ABV MOVING AVERAGES]
EVEREST INDUSTRIES (Rs 260.60)
Support at Rs 257 below Rs 253. Resistance is at Rs 265 above Rs 271. (Buy for intraday with a stoploss below Rs 253)
[STOCHASTICS BUY + ABV PREVIOUS CLOSE + VOLUME JUMP]
MAX INDIA (Rs 479.60)
Support at Rs 472 below Rs 463. Resistance is at Rs 487 above 493 (Buy for intraday with a stoploss below 463)
[STOCHASTICS BUY + ABV PREVIOUS CLOSE + VOLUME JUMP]
MPHASIS (Rs 465.95)
Support at Rs 460 below Rs 456.30. Resistance is at Rs 469.80 above Rs 479 (Buy for intraday with a stoploss below Rs 456.30)
[STOCHASTICS BUY + ABV 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.
