Sunday 24 May 2015

Headlines ------ 25th May -2015

MARKET MOVEMENT               
Level of 28000 is crucial for this weak and risk below 27880?---- No major risk is seen today as well as for the weak so long index is able to sustain above the level of 28000 but break of 27880 will be risky and may take it below 27600 also in any case. Trade with caution and stop loss levels.
 Markets may open flat/positive for today and mayremain in positive but break of 27880 is not good. Trade with caution and stop loss levels only.
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 8450 for the target of 8550 and above. Sell below 8450 for the target of 8370 and below
AUTO stocks may provide better opportunity for day traders on both side
Avoid AIRLINES stocks for today
 
SAFE STOCK---RALLIS
RALLIS is ruling around the level of 226 and look to be good for the target of 240  in any case in due course

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