MARKET IDEA FOR 5-1-2015

Headlines ------ 5th Jan -2015

	MARKET MOVEMENT
	Strength seen as expected, no risk over 27900, 28500 certain!---- Markets could bounce back on Friday as expected and the index closed near to 28900 which may prove crucial in this week as above this level, it remain good even for 28500. Risk if any, will be seen now below 27900 only.  Markets may open flat/positive for today and may remain in a fast mode and buying may emerge in rate sensitive stocks. Buy with stop loss and avoid selling blank. Trading plan for today-Following action plan may be followed by day traders for today------- Select BANKING stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8440 for the target of 8550 and above. Sell below 8440 for the target of 8380 and below PSU OIL stocks may provide better opportunity for day traders on both side Avoid CEMENT stocks for today
	SAFE STOCK---BHARTI
	BHARTI is ruling around the level of 367 and look to be good for the target of 380  in any case in due course