Headlines ------ 7th Sep -2015 |
MARKET MOVEMENT | |
25000 is almost done, what next, rise or further fall?---- As per our prediction given in May in these lines, index had touched almost 25000 on 4th Sep and may go down further also although its lower target is done last week itself. Trend will now be highly volatile and uncertain and 25000 may also be broken but safe over 25250.
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 4th Sep 2015, index went to 25000 almost)
Markets may open flat today and may remain good over 25250 for the day. Break below 25100 may take it to 24800 also .
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 7630 for the target of 7730 and above. Sell below 7630 for the target of 7570 and below
TELECOM stocks may provide better opportunity for day traders on both side
Avoid AUTO stocks for today
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SAFE STOCK---BHARTI | |
BHARTI is ruling around the level of 350 and look to be good for the target of 366 in any case in short termand 400 in long term
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