MARKET IDEAS FOR 19-9-2014

Headlines ------ 19th Sep 2014

	MARKET MOVEMENT
	Recovery started as predicted yesterday, now what!--We have very clearly predicted yesterday that markets will now show recovery and it could be seen also yesterday in a grand scale. Now the level of 27000 is once again crucial as the index need to sustain above this level although afternoon session for today will decide it? Markets may open flat/positive for today and no risk will be seen above the level of 27000. over 27250, it remain good for 27500 also. 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 8120 for the target of 8180 and above. Sell below 8120 for the target of 8080 and below CAPITAL GOODS stocks may provide better opportunity for day traders on both side Avoid CEMENT stocks for today
	SAFE STOCK---IDEA
	IDEA is ruling around the level of 166 and look to be good for the target of 180  in any case in due course