HEADLINES 22-10-2014

Headlines ------ 22nd Oct 2014

	MARKET MOVEMENT
	No major risk seen till index remain above the level of 26550!--Recovery continued for yesterday also as expected and may be seen today also but a small dose pf profit booking is waiting to hit the market sentiment today or tomorrow in Muhurt session. Markets may open flat/positive for today also and no risk will be seen above the level of 26550. below 26550, it remain week for 25400 also but over 26550 it is good for 26750 and above also. Trading plan for today-Following action plan may be followed by day traders for today------- Select PSU stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7940 for the target of 8000 and above. Sell below 7940 for the target of 7880 and below AUTO stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---RAYMOND
	RAYMOND is ruling around the level of 484 and look to be good for the target of 500  in any case in due cours