MARKET ACTION FOR 22-9-2014

Headlines ------ 22nd Sep 2014

	MARKET MOVEMENT
	Level of 27000 is once again crucial and need close watch!--Index is once again stuck at 27000 and need close watch at this level as break of this may again take it to 26500 but above 27100, it remain good for 27400 also in any case. Markets may open flat/positive for today and no risk will be seen above the level of 27100. over 27100, it remain good for 27300 also. Trading plan for today-Following action plan may be followed by day traders for today------- Select TELECOM stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8120 for the target of 8180 and above. Sell below 8120 for the target of 8080 and below CEMENT stocks may provide better opportunity for day traders on both side Avoid AUTO stocks for today
	SAFE STOCK---TALWALKAR
	TALWALKAR is ruling around the level of 214 and look to be good for the target of 240  in any case in due course