| Headlines ------ 27th Aug 2014 |
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 | MARKET MOVEMENT |
Undertone is week, stay alert, do not carry overnight positions!--No major rise look possible from these levels as no positive trigger is in sight and almost all triggers are exhausted. Profit booking is likely to continue as such and sideways movement may be seen for today also.
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 CAPITAL GOODS stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 7910 for the target of 7960 and above. Sell below 7910 for the target of 7850 and below
FINANCE stocks may provide better opportunity for day traders on both side
Avoid METAL stocks for today
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