Sunday, 11 January 2015

HEADLINES FOR 12-1-15


MARKET MOVEMENT               
Undertone is positive now, caution below 27400 only!---- Undertone of the markets is positive but caution still prevailed on the market sentiment during last week. No major risk is seen above 27400 but break of this may lead to 27000 once again.
 Markets may open flat/positive for today and may remain good so long the level of 27400 is intact but break of this level may again create panic in markets.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select BANK stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8320 for the target of 8390 and above. Sell below 8320 for the target of 8240 and below
PSU stocks may provide better opportunity for day traders on both side
Avoid AIRLINE stocks for today
 
SAFE STOCK---HUL
HUL is ruling around the level of 863 and look to be good for the target of 900  in any case in due course

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