HEADLINES FOR 2-12-2014

Headlines ------ 2nd Dec 2014

	MARKET MOVEMENT
	Level of 28500 important, break will be risky and selling will be more !----Markets are now showing resistance for rise as every rise is followed by profit booking. Blank selling is not seen also but booking of profits is going on. Selective buying in some of the stocks may not be able to provide support to the markets. Markets may open flat for today and may remain safe only above 28500. Break of this may take it to 28300 also. Trading plan for today-Following action plan may be followed by day traders for today------- Select JEWELLERY 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 8630 and above. Sell below 8560 for the target of 8500 and below FMCG stocks may provide better opportunity for day traders on both side Avoid AUTO stocks for today
	SAFE STOCK---REDINGTON
	REDINGTON is ruling around the level of 126 and look to be good for the target of 135  in any case in due course