MARKET MOVEMENT | |
No risk over 27500, target 28000 but below 27500, no strength!---- No risk is seen above 27500 now and in few days index may move to 27750 and 28000 also but break of 27500 may prove to be serious once again. Play safe and buy only good stocks.
Markets may open flat/positive for today and may remain good so long the level of 27500 is intact but break of this level may again create panic in markets. Over 27620, it remain good for 27750 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 8350 for the target of 8430 and above. Sell below 8350 for the target of 8290 and below
BANKING stocks may provide better opportunity for day traders on both side
Avoid AIRLINE stocks for today
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SAFE STOCK---TATA ELESXI | |
TATA ELEXSI is ruling around the level of 728 and look to be good for the target of 745 in any case in due course
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Monday, 12 January 2015
HEADLINES FOR 13-1-2015
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