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Trading tips 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

AJMERA REALTY & INFRA INDIA: BUY
Last Close: Rs 114.55
Stop Loss: Rs 111.75

 
Support at 113 below 111.75. Resistance is at 117 above 119.
[VOLUME JUMP + MACD & STOCHASTICS BUY+ ABV PREVIOUS CLOSE]
 
INDIABULLS HOUSING FINANCE:BUY
Last Close: Rs 794.05
Stop Loss: Rs 779

 
Support at 788 below 779. Resistance is at 808 above 824. 
[ABV MOVING AVERAGES + MACD & STOCHASTICS BUY + VOLUME BUILDUP]
 
TORRENT PHARMACEUTICALS: BUY
Last Close: Rs 1502.25
Stop Loss: Rs 1472

 
Support at 1485 below 1472. Resistance is at 1532 above 1549.
 
[VOLUME JUMP + STOCHASTICS BUY + ABV 50 DMA]
 
GLOBUS SPIRITS: BUY
Last Close: Rs 59.40
Stop Loss: Rs 57.25

 
Support at 58.10 below 57.25. Resistance is at 60.50 above 63.25. 
[MACD & STOCHASTICS BUY + ABV 100 & 200 DMA + ABV PREVIOUS CLOSE]
 
GAYATRI PROJECTS: BUY
Last Close: Rs 504.70
Stop Loss: Rs 492

 
Support at 496 below 492. Resistance is at 509.90 above 518. 
[VOLUME JUMP + ABV MOVING AVERAGES + MACD & STOCHASTICS BUY + 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: Oct 01 2015 | 9:28 AM IST

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