Wednesday 31 December 2014

HEADLINES- 1-1-2015


Headlines ------ 1st Jan -2015

MARKET MOVEMENT               
Some relief likely now in markets, level of 27500 crucial for strength!----First day of new year 2015 may cheer the market and rise in levels may be seen above 27500 which is very crucial level for this year itself. Index is likely to scale the level of 30000 around Budget this year although many ups and downs will be seen before this level is seen.
 Markets may open flat/positive for today and may remain in a recovery mode. Action may be seen above 27500 which may take it to 27750 also.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select FINANCE stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8330 for the target of 8390 and above. Sell below 8330 for the target of 8280 and below
CAPITAL GOODS stocks may provide better opportunity for day traders on both side
Avoid CEMENT stocks for today
 
SAFE STOCK---HAVELLS
HAVELLS is ruling around the level of 276 and look to be good for the target of 290  in any case in due course

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