Top intraday picks from Geojit BNP Paribas

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ESCORTS: BUY

Last Close: Rs 162.30

Stop Loss: Rs 159.50

Support at Rs 161 below Rs 159.50. Resistance is at  Rs165 above Rs 168.30. (Buy for intraday with a stoploss below Rs 159.50)

[VOLUME BUILD UP + ABV 100 & 200 DMA + ABV PREVIOUS CLOSE]

SHIVA TEXYARN: BUY

Last Close: Rs 90.55

Stop Loss: Rs 87.85

Support at Rs 88.90 below Rs 87.85. Resistance is at Rs 92 above Rs 95.50. (Buy for intraday with a stoploss below Rs 87.85)

[MACD & STOCHASTICS BUY + VOLUME JUMP + ABV MOVING AVERAGES + NEW HIGH]

BOMBAY RAYON FASHIONS: BUY

Last Close: Rs 185.70

Stop Loss: Rs 178

Support at Rs 181 below Rs178. Resistance is at Rs 190 above Rs 198. (Buy for intraday with a stoploss below Rs 178)

[STOCHASTICS BUY+ ABV MOVING AVERAGES + VOLUME JUMP + NEW HIGH]

KEI INDUSTRIES: BUY

Last Close: Rs 113.20

Stop Loss: Rs 109

Support at Rs 111 below Rs 109. Resistance is at Rs 116 above Rs 118 and more. (Buy for intraday with a stoploss below Rs 109)

[STOCHASTICS BUY + ABV MOVING AVERGAES+ ABV PREVIOUS CLOSE]

SUDARSHAN CHEMICAL INDUSTRIES: BUY

Last Close: Rs 116.10

Stop Loss: Rs 112.20

Support at Rs 114 below Rs 112.20. Resistance is at Rs 118.90 above Rs 122. (Buy for intraday with a stoploss below Rs112.20)

[MACD BUY + ABV MOVING AVERAGES + 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.


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