Thursday 8 January 2015

HEADLINES FOR 9-1-15

MARKET MOVEMENT               
27250 crucial now, no risk over it, play safe, buy gradually!---- As expected and written in these lines, selling stopped and recovery could be seen in markets. Index closed above the level of 27250 and this level will be crucial for today. Close below this level will indicate weakness next week also.
 Markets may open flat/positive for today and may remain good so long the level of 27250 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 AURO stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8260 for the target of 8320 and above. Sell below 8260 for the target of 8180 and below
OIL stocks may provide better opportunity for day traders on both side
Avoid CEMENT stocks for today
 
SAFE STOCK---BERGER
BERGER is ruling around the level of 240 and look to be good for the target of 255  in any case in due course

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