Sunday 21 June 2015

trading plan for 22-6-15 , safe stock appolo hospital

MARKET MOVEMENT               
8212 crucial now, below this, selling again but over 8232 no risk ?---- No risk is seen above the level of 8232 for today but break of 8212 may invite selling once again. Index will again touch 30000 before the end of this year but no one know whether it will return from 25000 or any other level but 25000 is the lowest!
 Markets may open flat/positive for today and mayremain in good so long the level of 273000 is intact and above 27350 it is good for 27500 and above also in any case. Below 27300, it remain week for 27000 and below also.
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 8200 for the target of 8280 and above. Sell below 8200 for the target of 8120 and below
BANKING stocks may provide better opportunity for day traders on both side
Avoid AIRLINE stocks for today
 
SAFE STOCK---APOLLO HOSP
APOLLO HOSP is ruling around the level of 1260 and look to be good for the target of 1280  in any case in short term

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