MARKET MOVEMENT FOR 19-3-15

Headlines ------ 19th Mar -2015

	MARKET MOVEMENT
	Both way movement may continue, risk in day trades---- Markets are in a uncertain mood now and may move on either side even during intra day trades giving losses to many of the traders. One side move may not be possible thus suggesting for the stop loss levels in all trades.  Markets may open flat for today and may remain in uncertain mode. Strength may be seen above 28700 and below 28600, it remain weak for 28400 also. Trading plan for today-Following action plan may be followed by day traders for today------- Select FINANCE stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8690 for the target of 8760 and above. Sell below 8690 for the target of 8610 and below OIL PSU stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---SPARC
	SPARC is ruling around the level of 541 and look to be good for the target of 560  in any case in due course