TRADING PLAN FOR 26-2-2015

Headlines ------26th Feb -2015

	MARKET MOVEMENT
	Uncertain, volatile and full of risk but good over 29000?---- High volatility was seen yesterday also in markets with uncertainty and this may remain so in this week in view of the annual budget. No buying advised except that for day trade with stop loss levels.  Markets may open flat/positive for today with a mood of caution and one side movement may not be seen. range of 28900-29100 is crucial for any side movement. 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 8730 for the target of 8800 and above. Sell below 8730 for the target of 8660 and below FINANCE stocks may provide better opportunity for day traders on both side Avoid AUTO stocks for today
	SAFE STOCK---LIC HSG
	LIC HSG is ruling around the level of 481 and look to be good for the target of 500  in any case in due course