Headlines ------ 9th Dec 2014 |
MARKET MOVEMENT | |
Weakness predicted and seen also, buying not advised, keep watch!---- We have given a clear warning for the weakness and fear of selling in markets for yesterday and could see also. No rise or recovery may be good for buying at present but will be good to exit and to book profits only.
Markets may open flat for today and may remain safe only above 28100. Below this level, no strength may be seen and index may break the level of 28000 also but above 28100, it may show 28250 also.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select TELECOM stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8460 for the target of 8540 and above. Sell below 8460 for the target of 8400 and below
OIL PSU stocks may provide better opportunity for day traders on both side
Avoid CEMENT stocks for today
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SAFE STOCK---BHARTI | |
BHARTI is ruling around the level of 370 and look to be good for the target of 390 in any case in due course
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