trading plan for 27-7-15

	MARKET MOVEMENT
	No strength seen below 28250, results of Reliance may play role?---- Results of Reliance declared after the close of markets on Friday were too good and may play important role on the opening of markets on Monday but the undertone is negative and selling may again be seen on rise. 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 weak below 28080, good over 28200 only. Trading plan for today- Select MEDIA 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 PHARMA stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---BIOCON
	BIOCON is ruling around the level of 466 and look to be good for the target of 480  in any case in short termand 550 in long term