| Headlines ------ 24th Nov 2014 |
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 | MARKET MOVEMENT |
No risk seen over 26300 but still we advise regular profit booking!---- Trap is already laid for the small investors as large investors are selectively booking profits without notice and knowledge in disguise of rise in some of the large cap stocks and selective buying in those stocks which have still not performed. Be cautious and buy only those stocks which are good and look to be at reasonable price levels.
Markets may open flat/positive for today and may remain good above 28300 but break of 28250 may signal selling and profit booking pressure in any case.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select METAL stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8490 for the target of 8570 and above. Sell below 8490 for the target of 8485 and below
MID CAP stocks may provide better opportunity for day traders on both side
Avoid PHARMA stocks for today
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| SAFE STOCK---KARUR VYSYA BANK |
KARUR VYSYA BANK is ruling around the level of 528and look to be good for the target of 550 in any case in due course
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