HEADLINES- 5-8-2014

MARKET MOVEMENT
	Recovery seen, may continue, volatility expected today!--We wrote clearly that recovery will be seen yesterday and we could see it also! RBI is set to review the rates today and any positive in it may create buying in markets. Trend may remain range bound till announcement and thereafter, volatility may be seen. Markets may open flat/positive for today and may remain in a volatile mode but in positive trend. Trade with suitable stop loss only and exit quickly in profit. Trading plan for today-Following action plan may be followed by day traders for today------- Select BANKING stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7680 for the target of 7750 and above. Sell below 7680 for the target of 7600 and below REAL ESTATE stocks may provide better opportunity for day traders on both side Avoid PSU stocks for today
	SAFE STOCK---U P L
	U P L is ruling around the level of 334 and look to be good for the target of 350  in any case in due course