trading plan for 18-9-15

MARKET MOVEMENT

No risk over 26250, rise likely, trend positive over 26000?---- Markets may open in positive with a gap. Decision of Fed Reserve not to change rates may give a positive trend  to the markets for today on opening. No risk is seen over 26250 but below 2600, only negatives are seen. 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. On 7th Sep 2015, index went below 25000 confirming our calculations and predictions)  Markets may open flat/positive today and mayremain good over 26250 for the day. Break below 26000 may take it to 25700 and below also . 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 7880 for the target of 8000 and above. Sell below 7880 for the target of 7800 and below AUTO stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today