| Headlines ------ 23rd Apr -2015 |
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 | MARKET MOVEMENT |
Both side movement and recovery, keep caution and trade---- Uncertainty still is present in markets despite rise of yesterday as the trend is still not clear. Short covering was a major reason for yesterday movement both side. Stay alert and trade with caution.
Markets may open flat/positive for today and may remain in positive mode so long the level of 27850 is protected. Real strength will be seen above 28000 only.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select BANKING stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8460 for the target of 8550 and above. Sell below 8460 for the target of 8380 and below
PHARMA stocks may provide better opportunity for day traders on both side
Avoid AIRLINES stocks for today
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