TRADING PLAN FOR 19-11-2014

Headlines ------ 19th Nov 2014

	MARKET MOVEMENT
	Sounding again and again, do not get tempted to buy now!---- We are sounding the alarm bell again and again. Do not get tempted to buy at present level, rather book profits only or else any time and any day investors are bound to be trapped in a heavy dose of profit booking. Watch 28000--28250. Markets may open flat for today and may remain in a range although above 28100, it may be good if cross over to 28200 also. Trading plan for today-Following action plan may be followed by day traders for today------- Select CAPITAL GOODS stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8450 for the target of 8500 and above. Sell below 8450 for the target of 8395 and below FINANCE stocks may provide better opportunity for day traders on both side Avoid PHARMA stocks for today
	SAFE STOCK---CONCOR
	CONCOR is ruling around the level of 1423 and look to be good for the target of 1450  in any case in due course