27500 crucial for today, below this means major weakness also!---- Break of 27500 yesterday could lead to a selling pressure in markets and sentiment turned to be negative once again. No strength will be seen today also below the level of 27500 and it may lead to 27200 and below also in any case.
Markets may open flat/negative for today and may remain good only after crossing over to 27500. Break of 27380 may be serious for today. Trade with stop loss only.
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 8320 for the target of 8400 and above. Sell below 8320 for the target of 8260 and below
MID CAPS stocks may provide better opportunity for day traders on both side
Avoid AUTO stocks for today
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SAFE STOCK---POLARIS | |
POLARIS is ruling around the level of 166 and look to be good for the target of 176 in any case in due course
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Tuesday, 13 January 2015
HEADLINES FOR 14-1-15
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