trading plan for 6-8-15

Headlines ------ 6th Aug -2015

	MARKET MOVEMENT
	28000 sustained, next target is 28400 but caution on 28150?---- 28000 is sustained as written yesterday in these lines. Now, the next target may be 28500 but break of 28150 will need caution as this may again press selling in markets although buying from today on behalf of CPF may trigger a rally 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 over 28250 for the day. Cross over of 28350 may take it to 28500 and above also. 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 8580 for the target of 8680 and above. Sell below 8580 for the target of 8520 and below SHIPPING stocks may provide better opportunity for day traders on both side Avoid OIL PSU stocks for today
	SAFE STOCK---HEXAWARE
	HEXAWARE is ruling around the level of 280 and look to be good for the target of 300  in any case in short term and 400 in long term