HEADLINES- 19-8-2014

MARKET MOVEMENT

We could see the level of 26400 as predicted and written yesterday!--We have written very clearly yesterday in these lines that index could see the level of 26400 and it was seen yesterday! this is the strength of our calculations and predictions which is going correct most of the time and our clients and visitors for this site are immensely benefited out of it. Markets may open flat/positive for today and may remain in a positive trend so long the level of 26350 is intact. Break of 26350 will indicate further weakness. Over 26400, it remain good for 26550 and above also. Trading plan for today-Following action plan may be followed by day traders for today------- Select CAPITAL GOODS stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7880 for the target of 7950 and above. Sell below 7880 for the target of 7820 and below PHARMA stocks may provide better opportunity for day traders on both side Avoid AIRLINE stocks for today