Sunday 19 July 2015

Headlines ------ 20th July -2015


No risk over 28380, over 28500 in any case trend is bullish?---- Coming week is to set many things in markets as the developments in Greece will also be reflected in the market trend. Over 28500, no risk is seen in markets for the week but below 28380 it is week for 28000 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 8600 is protected in Nifty. Over 8640, it is good for 8680 and 8720 also.
Trading plan for today-
Select AUTO stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 8590 for the target of 8680 and above. Sell below 8590 for the target of 8540 and below
PHARMA stocks may provide better opportunity for day traders on both side
Avoid REAL ESTATE stocks for today
 
SAFE STOCK---TATA MOTOR
TATA MOTOR is ruling around the level of 400 and look to be good for the target of 420  in any case in short term and 450 in long term

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