TRADING IDEA FOR 22-1-15

Headlines ------ 22nd Jan -2015

	MARKET MOVEMENT
	20000 seen yesterday, now we will see 30000 and 10000 also!---- We have predicted the market levels at 10000, 20000 and 30000 before the budget and 20000 is seen yesterday. Now, we are going to see 10000 and 30000 also before budget. Might be, that before these levels, we see a dose of profit booking but these levels are almost sure to be seen by all of us.  Markets may open flat/positive for today and may remain good also although some of the stocks may face some profit selling also. No major risk will be seen above 28800 for today. Trading plan for today-Following action plan may be followed by day traders for today------- Select FINANCE stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8750 for the target of 8840 and above. Sell below 8750 for the target of 8680 and below AUTO stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---TATA STEEL
	TATA STEEL is ruling around the level of 397 and look to be good for the target of 440  in any case in due course