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Technical Picks From 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 Financial Services Kerela
Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today

FEDDERS LLOYD CORPORATION: BUY
Last Close: Rs 80.25
Stop Loss: Rs 76.50

 
Support at Rs 78.90 below Rs 76.50. Resistance is at Rs 81.90 above Rs 83.75.
[VOLUME JUMP + MACD & STOCHASTICS BUY + ABV 100 & 200 DMA]
 
GUJARAT STATE PETRONET: BUY
Last Close: Rs 124.25
Stop Loss: Rs 120.80

 
Support at Rs 121 below Rs 120.80. Resistance is at Rs 127.20 above Rs 130.
[ABV MOVING AVERAGES + MACD & STOCHASTICS BUY + VOLUME JUMP]
 
UCAL FUEL SYSTEMS: BUY
Last Close: Rs 104.95
Stop Loss: Rs 99

 
 
Support at Rs 101 below Rs 99. Resistance is at Rs 106.75 above Rs 109.10. 
[VOLUME JUMP + MACD & STOCHASTICS BUY + ABV 50 & 100 DMA]

TAKE SOLUTIONS: BUY
Last Close: Rs 195.35
Stop Loss: Rs 190

 
Support at Rs 193 below Rs 190. Resistance is at Rs 199 above Rs 203.)
[MACD & STOCHASTICS BUY + VOLUME JUMP + ABV MOVING AVERAGES + NEW HIGH]
 
VIMTA LABS: BUY
Last Close: Rs  78.40
Stop Loss: Rs 75.50

 
Support at 76 below 75.50. Resistance is at 80.20 above 82.50.
[VOLUME JUMP + ABV MOVING AVERAGES + MACD & STOCHASTICS BUY]

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: Oct 15 2015 | 9:25 AM IST

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