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| Headlines ------2nd Mar -2015 |
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 | MARKET MOVEMENT |
Now stability likely in markets and volatility may reduce?---- Markets could do what was due for them on Saturday in response to the budget and now sanity may return. Levels are likely to stabilize and 30000 may not be far away now. Buy PSU banks as a safe bet for March.
Markets may open flat/positive for today with positive bias although 8900 is relevant and below this level, we do not see strength.
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 8930 for the target of 9050 and above. Sell below 8930 for the target of 8800 and below
AUTO stocks may provide better opportunity for day traders on both side
Avoid AIRLINE stocks for today
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| SAFE STOCK---YES BANK |
YES BANK is ruling around the level of 862 and look to be good for the target of 880 in any case in due course
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