Monday, 7 December 2015

Headlines ------ 08th Dec -2015

MARKET MOVEMENT               
Watch 25500, this is last support, broken means deep fall?---- Markets are not able to perform at all. Reasons are many, internal as well as external, political as well as economic but everything affecting the sentiment only. Level of 25500 crucial and if broken, may take the index straight to 25000 also in any case.
 Markets may open flat  for today and may remain good only over 25500 for the day. Break below 25500 may take it to 25300 and below also in any case. But above 25500, it remain good for 25750 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 7750 for the target of 7800 and above. Sell below 7750 for the target of 7690 and below
METAL stocks may provide better opportunity for day traders on both side
Avoid REAL ESTATE stocks for today
 
SAFE STOCK---FORTIS
FORTIS is ruling around the level of 177 and look to be good for the target of 184  in any case in short termand 212 in long term

No comments :

Post a Comment