HEADLINES - 6-8-2014

MARKET MOVEMENT
	26000 is very near, above this, no risk, trade with caution still!--Markets are once again very near to the crucial point of 26000 and may cross above this point even today. But, this remain a crucial point for cross over and may attract profit booking once again. Over 26000, no risk is seen and the way for 26500 will be clear. 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 CAPITAL GOODS stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7760 for the target of 7820 and above. Sell below 7760 for the target of 7700 and below BANKING stocks may provide better opportunity for day traders on both side Avoid FMCG 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