Monday, 9 March 2015

MRKET IDEA FOR 10-3-15

Headlines ------ 10th Mar -2015

MARKET MOVEMENT               
Markets at low, risk seen both way but buying gradually good---- Sharp fall in the markets yesterday had taken away the shine and confidence from the markets in a single day and losses were so heavy for the small investors that the buying intentions have fade away too. Still, buying at these levels may be started for long term but in small quantity only.
 Markets may open flat for today and may remain in a mood of extreme caution. Trade for the day with stop loss levels in good stocks on buy side only.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select CAPITAL GOODS stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8780 for the target of 8880 and above. Sell below 8780 for the target of 8680 and below
FINANCE stocks may provide better opportunity for day traders on both side
Avoid AIRLINE stocks for today
 
SAFE STOCK---UPL
UPL is ruling around the level of 436 and look to be good for the target of 448  in any case in due course

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