| Headlines ------ 9th Oct 2014 |
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 | MARKET MOVEMENT |
Recovery look possible now from the over sold levels !-- Markets are in an over sold zone now and buying is likely to emerge from low levels. In fact, selling amount of F.I.Is is not so high as is the decline in index levels. it is the sentiment which had played the negative role in markets.
Markets may open flat for today and no risk will be seen above the level of 26250. below 26250, it remain week for 26000 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 7850 for the target of 7900 and above. Sell below 7850 for the target of 7820 and below
METAL stocks may provide better opportunity for day traders on both side
Avoid CEMENT stocks for today
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