| Headlines ------ 25th Aug 2014 |
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 | MARKET MOVEMENT |
Profit booking due, keep caution, trade with stop loss only!--Markets are on a new high, chances of big rise are less while fear of profit booking is more. Avoid value buying too. Day trades must be with suitable stop loss only. Break of 26300 may invite more selling pressure. Over 26500, no risk is felt.
Markets may open flat/positive for today and may remain in a mode of uncertainty but above 26400, no risk is found except of selective trading. Trade with stop loss only.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select POWER stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 7920 for the target of 7980 and above. Sell below 7920 for the target of 7870 and below
METAL stocks may provide better opportunity for day traders on both side
Avoid AIRLINE stocks for today
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