MARKETS FOR 30-1-15

MARKET MOVEMENT
	Safe over 29500 but volatility may increase, play safe?---- Markets are at a crucial point where 30000 is just away and 29500 is won over. Chances of crossing over to 30000 are fair but side by side, profit booking will also continue which may create high degree of volatility and uncertainty for the day traders.  Markets may open flat/positive for today and may remain good also but watch for the volatility and uncertainty as stop loss levels may fail in such situation. Trading plan for today-Following action plan may be followed by day traders for today------- Select CAPITAL GOODS stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8940 for the target of 9000 and above. Sell below 8940 for the target of 8880 and below AIRLINE stocks may provide better opportunity for day traders on both side Avoid PHARMA stocks for today
	SAFE STOCK---JETAIR
	JETAIR is ruling around the level of 497 and look to be good for the target of 530  in any case in due course