TRADING PLAN FOR 24-2-15

Headlines ------24th Feb -2015

	MARKET MOVEMENT
	No strength below 29000 now, stay alert, do not buy?---- No strength may be seen in markets below the level of 29000 and further weakness is likely to be seen below this level. stay alert and do not create buy positions for overnight.  Markets may open flat for today with a mood of caution and one side movement may not be seen. range of 28800-29100 is crucial for any side movement. Trading plan for today-Following action plan may be followed by day traders for today------- Select FMCG stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8730 for the target of 8800 and above. Sell below 8730 for the target of 8660 and below POWER stocks may provide better opportunity for day traders on both side Avoid PHARMA stocks for today
	SAFE STOCK---BERGER
	BERGER is ruling around the level of 221 and look to be good for the target of 235  in any case in due course