Headlines ------ 16th July -2015

	MARKET MOVEMENT
	No major risk seen except some sideways moves now?---- Markets are once again in positive mode as expected by us from the end of last week and written also. Level of 28140 will now be crucial and over 28250, its next target is going to be 28500 also. Index will again touch 30000 before the end of this year but no one know whether it will return from25000 or any other level but 25000 is the lowest!  Markets may open flat/positive for today and mayremain good so long the level of 8500 is protected in Nifty. Over 8540, it is good for 8580 also. Trading plan for today- Select PSU stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8505 for the target of 8570 and above. Sell below 8505 for the target of 8450 and below BANKING stocks may provide better opportunity for day traders on both side Avoid CEMENT stocks for today
	SAFE STOCK---ENGG INDIA
	ENGG INDIA is ruling around the level of 233 and look to be good for the target of 250  in any case in short term and 290 in long term