HEADLINES 12-8-2014

MARKET MOVEMENT
	No risk seen above 25500, volatility and stock specific trend seen!--Level of 25500is crucial and index closed just around this level yesterday showing recovery of 200 points as expected and written too in these lines yesterday. Recovery may continue above this level but during intra day, volatility may increase and stock specific trend is likely. Markets may open flat/positive for today and may remain in a recovery mode although with the level of 25500 and above this, it is good for 25750. Trading plan for today-Following action plan may be followed by day traders for today------- Select AUTO stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7640 for the target of 7680 and above. Sell below 7640 for the target of 7600 and below PHARMA stocks may provide better opportunity for day traders on both side Avoid CEMENT stocks for today
	SAFE STOCK---EMAMI
	EMAMI is ruling around the level of 561 and look to be good for the target of 580  in any case in due course