Headlines ------ 26th Oct -2015

MARKET MOVEMENT
	Due for a dose of profit booking as 27500 may be a hurdle?---- Index is showing continuous rise almost every day and is very near to its next resistance at 27500. This level, if crossed over successfully, may take it above 28000 also but may invite profit booking over 27500. 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  for today and mayremain good only over 27500 for the day. Break below 27450 may take it to 27300 and below also in any case. But above 27500, it remain good for 27700 also. Trading plan for today- Select FMCG stocks may remain good for day trades in view of high volatility for today Trade Nifty with stop loss of 8300 for the target of 8370 and above. Sell below 8300 for the target of 8220 and below FINANCE stocks may provide better opportunity for day traders on both side Avoid CEMENT stocks for today
	SAFE STOCK---CAIRN
	CAIRN is ruling around the level of 158 and look to be good for the target of 170  in any case in short termand 210 in long term