Trading calls from Geojit BNP Paribas

Here are a few intra-day trading strategies from Geojit BNP Paribas for trade today

FUTURE RETAIL LTD: BUY

Last Close: Rs 119.10

Stop Loss: Rs 115.50

Support at 117 below 115.50. Resistance is at 122 above 125.50.

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

MADHUCON PROJECTS LTD: BUY

Last Close: Rs 62.90

Stop Loss: Rs 59.50

Support at 61 below 59.50. Resistance is at 63.90 above 66.

[ABV 200 DMA + ABV PREVIOUS CLOSE + VOLUME JUMP + MACD BUY]

LARSEN & TOUBRO LTD: SELL

Last Close: Rs 1540.60

Stop Loss: Rs 1562

Support at 1528 below 1505. Resistance is at 1548 above 1562.

[BELOW PREVIOUS CLOSE + STOCHASTICS SELL + BELOW MOVING AVERAGES]

NATIONAL BUILDINGS CONSTRUCTION CORPORATION LTD : BUY

Last Close: Rs 929.50

Stop Loss: Rs 917

Support at 920 below 917. Resistance is at 938 above 952.

[VOLUME JUMP+ MACD BUY + ABV PREVIOUS CLOSE]

TATA MOTORS LTD: SELL

Last Close: Rs 330.25

Stop Loss: Rs 335.50

Support at 327 below 321. Resistance is at 333 above 335.50.

[VOLUME JUMP + BELOW MOVING AVERAGES + STOCHASTICS SELL]

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. This report does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. The information contained herein is from publicly available data or other sources believed to be reliable, but we do not represent that it is accurate or complete and it should not be relied on as such. We have also reviewed the research report for any untrue statements of material facts or any false or misleading information. GBNPP shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained in this report. This report is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. The user assumes the entire risk of any use made of this information. 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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