MARKETS FOR 13-11-2014

Headlines ------ 13th Nov 2014

	MARKET MOVEMENT
	Level of 28000 is crossed but we still advise for caution!--Markets are booming day by day in view of positive economic conditions but we still advise caution despite the fact that index could remain above the level of 28000 yesterday. Markets may open flat/positive for today and may remain in a range although above 28000, it may gain further strength for smart rise and look good for 28200 also but below 28000 caution for 27800 too. Trading plan for today-Following action plan may be followed by day traders for today------- Select BANKING stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8410 for the target of 8460 and above. Sell below 8410 for the target of 8365 and below MID CAP stocks may provide better opportunity for day traders on both side Avoid PHARMA stocks for today
	SAFE STOCK---UPL
	UPL is ruling around the level of 348 and look to be good for the target of 370  in any case in due course