 "Top technical calls from Geojit BNP Paribas")
AXIS BANK: BUY
Last Close: Rs 377.20
Stop Loss: Rs 370.30
Support at Rs 372 below Rs 370.30. Resistance is at Rs 382.50 above Rs 385.50
[MACD BUY + VOLUME BUILD UP + OVERSOLD]
BHARTI AIRTEL: BUY
Last Close: Rs 308.70
Stop Loss: Rs 303.30
Support at Rs 305 below Rs 303.30. Resistance is at Rs 315 above Rs 317.30.
[VOLUME BUILD UP+ OVERSOLD + MACD BUY]
CIPLA: BUY
Last Close: Rs 540.85
Stop Loss: Rs 532
Support at Rs 536 below Rs 532. Resistance is at Rs 547 above Rs 552.
[MACD BUY+ ABV PREVIOUS CLOSE + RISE IN VOLUME]
ELGI EQUIPMENTS: BUY
Last Close: Rs 122.95
Stop Loss: Rs 119.20
Stop Loss: Rs 119.20
Support at Rs 121 below Rs 119.20. Resistance is at Rs 125 above Rs 127.50.
[VOLUME JUMP + ABV PREVIOUS CLOSE + MACD BUY]
Support at 2865 below Rs 2,855. Resistance is at Rs 2,935 above Rs 2,962
[MACD BUY + VOLUME JUMP + ABV PREVIOUS CLOSE]
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.
