HEADLINES FOR 7-1-2015

Headlines ------ 7th Jan -2015

	MARKET MOVEMENT
	Recovery possible over 27000, worst below 26800, buy gradually!---- Sharp fall yesterday was more sentimental than fundamental. It was like a panic for normal negative triggers generated outside India and was a over reaction to it. No strength may be seen below 26800 but over 27000, sharp recovery from over sold zone look possible. Buy gradually in good stocks for budget rally.  Markets may open flat for today and may remain in a mood of caution for some time although recovery look possible over 27000. Watch this level and trade accordingly. Trading plan for today-Following action plan may be followed by day traders for today------- Select PHARMA stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8140 for the target of 8220 and above. Sell below 8140 for the target of 8060 and below PSU stocks may provide better opportunity for day traders on both side Avoid AUTO stocks for today
	SAFE STOCK---MARICO
	MARICO is ruling around the level of 327 and look to be good for the target of 340  in any case in due course