MARKET IDEA FOR 2-1-2015

Headlines ------ 2nd Jan -2015

	MARKET MOVEMENT
	27500 will be decisive even today, below this, no strength!---- Level of 27500 was maintained yesterday too although selling selectively was visible in markets. No major risk will be seen above this level even at closing but below this level, fall up to 27300 may be certainty.  Markets may open flat for today and may remain in a range bound trend. Action may be seen above 27500 which may take it to 27750 also. Trading plan for today-Following action plan may be followed by day traders for today------- Select TELECOM stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8330 for the target of 8390 and above. Sell below 8330 for the target of 8280 and below METALS stocks may provide better opportunity for day traders on both side Avoid AUTO stocks for today
	SAFE STOCK---BHARTI
	BHARTI is ruling around the level of 362 and look to be good for the target of 380  in any case in due course