HEADLINES-- 4-8-2014

MARKET MOVEMENT
	Strength lost as expected and written on Friday!--We have given a clear warning on Friday in these lines that below the level of 26000, markets will loose strength and it happened exactly on that day. Selling was intense and panic like situation was created in markets under this selling pressure of large players. Markets may open flat/negative for today and may remain in a mood of caution. Trade with suitable stop loss and in less quantity being the first and uncertain day of new series. Trading plan for today-Following action plan may be followed by day traders for today------- Select PHARMA stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7590 for the target of 7650 and above. Sell below 7590 for the target of 7540 and below FMCG stocks may provide better opportunity for day traders on both side Avoid CEMENT stocks for today
	SAFE STOCK---GLENMARK
	GLENMARK is ruling around the level of 678 and look to be good for the target of 698  in any case in due course