trading plan for 2-9-15

Headlines ------ 2nd Sep -2015

	MARKET MOVEMENT
	Heading for 25000, 25750 crucial, 25500 is before us?---- Index look to be heading towards 25000 if 25500 is broken and that may be the end of this down trend. Recovery will only be sharp if this level is broken once or else the trend will be uncertain and volatile without any clear indications. 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 25750 for the day. Break below 25500 may take it to 25000 also in this week. 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 7780 for the target of 7840 and above. Sell below 7780 for the target of 7700 and below MEDIA stocks may provide better opportunity for day traders on both side Avoid AUTO stocks for today
	SAFE STOCK---CONCOR
	CONCOR is ruling around the level of 1470 and look to be good for the target of 1500  in any case in short term and 1800 in long term