Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today:
ASIAN PAINTS: BUY
Last Close: Rs 851.90
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Support at 849 below 843. Resistance is at 863 above 874.90. (Buy for intraday with a stoploss below 843)
[ABV MOVING AVERAGES + VOLUME BUILD UP + STOCHASTICS BUY]
HERCULES HOISTS: BUY
Last Close: Rs 167.05
Stop Loss: Rs 163.60
Support at 165.20 below 163.30. Resistance is at 171.50 above 176. (Buy for intraday with a stoploss below 163.30)
[STOCHASTICS BUY + OVERSOLD + ABV PREVIOUS CLOSE]
HOV SERVICES: BUY
Last Close: Rs 70.10
Stop Loss: Rs 66.95
Support at 68.30 below 66.95. Resistance is at 72.10 above 74. (Buy for intraday with a stoploss below 66.95)
[ABV PREVIOUS CLOSE + VOLUME BUILD UP + STOCHASTICS BUY]
SARDA ENERGY: BUY
Last Close: Rs 103.50
Stop Loss: Rs 100.20
Support at 101 below 100.20. Resistance is at 106.30 above 108.50. (Buy for intraday with a stoploss below 100.20)
[VOLUME BUILD UP+ ABV PREVIOUS CLOSE + STOCHASTICS BUY]
HATHWAY CABLES: BUY
Last Close: Rs 40.10
Stop Loss: Rs 37.50
Support at 39 below 37.50. Resistance is at 42 above 43.90 and more. (Buy for intraday with a stoploss below 37.50)
[STOCHASTICS BUY + OVERSOLD]
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