Tuesday, 17 March 2015

HEADLINES FOR 18-3-15

Headlines ------ 18th Mar -2015

MARKET MOVEMENT               
No major risk but book profits also timely, avoid overnight deals---- On Monday, we have clearly advised to start buying from the markets gradually as the down fall of last week was giving opportunity for buying and this could be proved in first two days recovery in this week. Booking of profits is also important timely now.
 Markets may open flat/positive for today and may remain good so long the level of 28700 is protected but below this, again 28500 and further low is possible.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select METAL 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 8680 and below
BANKING stocks may provide better opportunity for day traders on both side
Avoid AIRLINES stocks for today
 
SAFE STOCK---CADILA
CADILA is ruling around the level of 1677 and look to be good for the target of 1700  in any case in due course

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