TRADING PLAN FOR 25-9-2014

No respite from selling, 26750 crucial for today, 26500 or 27000!--Last two days have played havoc in markets although it was not unexpected and we have been warning for this for a long time and were requesting to avoid fresh buying. Now, either 26500 or 27000 is a big question and it may be decided even today? Markets may open flat for today and no risk will be seen above the level of 26750. below 26750, it remain week for 26500 also. Trading plan for today-Following action plan may be followed by day traders for today------- Select FMCG stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8000 for the target of 8970 and above. Sell below 8000 for the target of 7950 and below PHARMA stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---CIPLA
	CIPLA is ruling around the level of 600 and look to be good for the target of 620  in any case in due course