trading plan for 26-8-15

Headlines ------ 26th Aug -2015

	MARKET MOVEMENT
	27750 will prove decisive, below this, major fall likely?---- What we predicted, came true on Monday and index went very close to the level of 25000 what we were foreseeing before it may reach 30000 before the end of this year. Now, market fears are still not over and we may once again see selling but level of 25750 will now be crucial. Break of this will give alarms only. 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!(these lines were posted by us in May 2015 and on 24th Aug, we have seen major bloodshed in Dalal Street at a very close level of  25000. 30000 is yet to be seen)  Markets may open flat/negative today and mayremain good over 26000 for the day. Cross over of 26150 may take it to 26250 and above also or else it is likely to break 25750 again. Trading plan for today- Select PHARMA stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 7870 for the target of 8000 and above. Sell below 8870 for the target of 7800 and below AUTO stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---GRUH FIN
	GRUH FIN is ruling around the level of 243 and look to be good for the target of 260  in any case in short termand 300 in long term