| Headlines ------ 29th May -2015 |
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 | MARKET MOVEMENT |
Weakness persists below 27500, avoid overnight positions?---- Index is moving around the level of 27500 for last three session and the trend for today shall be decisive for it. No eisk will be seen above this level but the break will invite intense selling.
Markets may open flat for today and may remain in a volatile and uncertain mode. Trade with caution although time is good for buying good stocks for medium and long term.
Trading plan for today-Following action plan may be followed by day traders for today-------
Select AUTO stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8310 for the target of 8400 and above. Sell below 8310 for the target of 8260 and below
PHARMA stocks may provide better opportunity for day traders on both side
Avoid TELECOM stocks for today
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| SAFE STOCK---BEML |
BEML is ruling around the level of 977 and look to be good for the target of 990 in any case in due course
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