Headlines for 4-4-15

Headlines ------ 4th Feb -2015

	MARKET MOVEMENT
	Closed at a crucial level of 29000, most uncertain day today?---- Index closed just at 29000 which is support as well as a resistance too. Very difficult to ascertain where will it move but below this level, no support is seen at least. Some relief may be seen above this level but uncertainty will remain high for today.  Markets may open flat/negative for today and may remain in a mood of caution. No major rise may be possible till index remain below 29000 and break of 28900 may invite further selling pressure to 28700 also. Trading plan for today-Following action plan may be followed by day traders for today------- Select PSU stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8760 for the target of 8820 and above. Sell below 8760 for the target of 8700 and below PHARMA stocks may provide better opportunity for day traders on both side Avoid AIRLINES stocks for today
	SAFE STOCK---DISHMAN PHARMA
	DISHMAN PHARMA is ruling around the level of 155and look to be good for the target of 170  in any case in due course