HEADLINES 4-12-2014

Headlines ------ 4th Dec 2014

	MARKET MOVEMENT
	Need caution till index is below 28500, day trades suits !---- No strength may be seen in markets till the index remain below 28500 and below this, its next lower target may be 2800 and 28200 in any case. Keep caution, book profits regularly and avoid fresh buying. Trade for the day with stop loss only. Markets may open flat for today and may remain safe only above 28500. Below this level, no strength may be seen and only sideway movement will be visible. Trading plan for today-Following action plan may be followed by day traders for today------- Select PSU stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8560 for the target of 8600 and above. Sell below 8560 for the target of 8520 and below CAPITAL GOODS stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---TATA MOTOR DVR
	TATA MOTOR DVR is ruling around the level of 355 and look to be good for the target of 380  in any case in due course