HEADLINES 11-8-14

	MARKET MOVEMENT
	Strength missing although recovery due now, trade with caution!--Markets are ruling under the spell of fears and selling is intense at every level but reaction to international problems looks to be overdone and its advantage is taken by institutions and large players to book profits and sell blank also. Break of 25250 may now be serious and strength may be missing below present levels. Markets may open flat/positive for today and may remain in a volatile mode but in an uncertain trend. Trade with suitable stop loss only and exit quickly in profit. Trading plan for today-Following action plan may be followed by day traders for today------- Select TELECOM stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7550 for the target of 7600 and above. Sell below 7550 for the target of 7500 and below CAPITAL GOODS stocks may provide better opportunity for day traders on both side Avoid BANKING stocks for today
	SAFE STOCK---BHARTI
	BHARTI is ruling around the level of 373 and look to be good for the target of 390  in any case in due course