Sunday 9 November 2014

MARKET HEADLINES 10-11-2014

 
Headlines ------ 10th Nov 2014

MARKET MOVEMENT               
Profit booking to continue, no strength below 28000!--As was written on Saturday, it will be difficult for the index to sustain above the level of 28000 and selling will be seen on every rise now. Stay alert and do not increase buy positions. Book profit on every rise.
Markets may open flat for today and will remain safe above the level of 27850 but below this, no strength is seen for the day.
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 8370 for the target of 8420 and above. Sell below 8370 for the target of 8300 and below
FINANCE stocks may provide better opportunity for day traders on both side
Avoid AUTO stocks for today
 
SAFE STOCK---BOM DYEING
BOM DYEING is ruling around the level of 72 and look to be good for the target of 80  in any case in due course

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