HEADLINES FOR 30-7-2014

Headlines ------ 30th July 2014

	MARKET MOVEMENT
	No major rise look possible, only sideways moves to be seen!--Markets are in the grip of fears. Magic of Modi is gradually vanishing as nothing concrete had come out so far except the announcements. Caution is must for two days of this week. Settlement may create volatility and selling. Trade with stop loss only. Markets may open flat/negative for today and mayno strength is seen below 26000. Break  of 25850 may be serious. Keep caution and trade less. Trading plan for today-Following action plan may be followed by day traders for today------- Select PHARMA stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7740 for the target of 7790 and above. Sell below 7740 for the target of 7700 and below I T stocks may provide better opportunity for day traders on both side Avoid AUTO stocks for today
	SAFE STOCK---GLENMARK
	GLENMARK is ruling around the level of 658 and look to be good for the target of 680  in any case in due course