MARKET MOVEMENT | |
No strength likely, trade with caution and stop loss level only---- No strength is seen in markets for the time being, more particularly below the level of 28500 and below this level, even 28000 is possible in a day or two. Avoid taking positions for Monday.
Markets may open flat for today and may remain in uncertain mode. Strength may be seen above 28500 and below 28500, it remain weak for 28200 also.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select PHARMA stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8640 for the target of 8700 and above. Sell below 8640 for the target of 8520 and below
IT stocks may provide better opportunity for day traders on both side
Avoid AUTO stocks for today
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SAFE STOCK---EID PARRY | |
EID PARRY is ruling around the level of 183 and look to be good for the target of 190 in any case in due course
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Thursday, 19 March 2015
Headlines ------ 20th Mar -2015
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