HEADLINES FOR 30-12-2014

	MARKET MOVEMENT
	Resistance at 27500 is strong, no major risk above 27250!---- Index is moving in the range of 27250-27500 and any major movement may be seen only outside this range. Selective buying will continue as such and booking of profit side by side will be a must. Avoid overnight positions and trade with stop loss only.  Markets may open flat for today and may remain in a sideways mode. No major action may be seen in 27300-27400 and movement may be slow outside this range also. Volumes may go down also. Trading plan for today-Following action plan may be followed by day traders for today------- Select HOUSING FIN stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8300 for the target of 8380 and above. Sell below 8300 for the target of 8260 and below TELECOM stocks may provide better opportunity for day traders on both side Avoid AUTO stocks for today
	SAFE STOCK---ABAN
	ABAN is ruling around the level of 49 and look to be good for the target of 510  in any case in due course