Tuesday 9 December 2014

HEADLINES FOR 10-12-2014

 
Headlines ------ 10th Dec 2014

MARKET MOVEMENT               
Recovery due, may be seen today also, buy slowly!---- Decline targets are fulfilled for the time being and recovery may be seen now any time, even today! Buy good stocks gradually on declines in small lots. No risk over 27800 for today but below 27750, it is at a great risk too!
 Markets may open flat for today and may remain safe only above 27800. Below this level, no strength may be seen and index may break the level of 27600 also but above 27800, it may show 28000 also.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select FMCG stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8360 for the target of 8440 and above. Sell below 8360 for the target of 8300 and below
OIL PSU stocks may provide better opportunity for day traders on both side
Avoid AUTO stocks for today
 
SAFE STOCK---SUN PHARMA
SUN PHARMA is ruling around the level of 840 and look to be good for the target of 870  in any case in due course

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