trading plan for 24-7-15

	MARKET MOVEMENT
	Safe over 28500 but strength missing below 28250, stay alert?---- Level of 28250-28500 is crucial for today and need watch. In this range, no major action is seen except some sideways moves. Volatility may also be high today being the last day of the week. 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 for today and may remain weak below 28350, good over 28400 only. Trading plan for today- Select IT stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8510 for the target of 8560 and above. Sell below 8510 for the target of 8450 and below FMCG stocks may provide better opportunity for day traders on both side Avoid BANKING stocks for today
	SAFE STOCK---INFOSYS
	INFOSYS is ruling around the level of 1100 and look to be good for the target of 1140  in any case in short term and 1350 in long term