Headlines ------ 6th July -2015

	MARKET MOVEMENT
	Very high volatility expected this week. stay alert and trade less?----Referendum of Greece is over, Country says no to bail out conditions, impacts are still unknown but surely the uncertainty will create very high degree of volatility in world markets and India is no exception to this. Although, no major impact is likely on our country but sentimental impact on the negative is not ruled out. 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/negative for today and mayremain volatile and uncertain. Initial selling is likely in our markets too in view of the results in Greece. Watch for some time and avoid opening trades. Trading plan for today- Select BANKING stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8470 for the target of 8560 and above. Sell below 8470 for the target of 8370 and below FMCG stocks may provide better opportunity for day traders on both side Avoid EXPORT ORIENTED stocks for today
	SAFE STOCK---E I L
	E I L is ruling around the level of 242 and look to be good for the target of 256  in any case in medium term