HEADLINES 26-8-2014

Headlines ------ 26th Aug 2014

	MARKET MOVEMENT
	Be ready for a down fall any time any day for profit booking!--Markets have over run and need a dose of profit booking any time and any day. Undertone is safe till index is above 26250. Below 26200 for today, no strength is seen. Stay alert and avoid positional buying. Markets may open flat/negative for today and may remain in a volatile mode. No clear trend may emerge and break of 26400 may indicate for further fall in it. Trading plan for today-Following action plan may be followed by day traders for today------- Select FMCG stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7900 for the target of 7940 and above. Sell below 7900 for the target of 7840 and below PHARMA stocks may provide better opportunity for day traders on both side Avoid AIRLINE stocks for today
	SAFE STOCK---BHARTI
	BHARTI is ruling around the level of 370 and look to be good for the target of 390  in any case in due course