Headlines ------ 29th Dec -2015

MARKET MOVEMENT
	26000 and above, no risk but play safe in last week now?---- Level of 26000 is crossed over now yesterday and the stream is still seems to be left in markets but this level is a big resistance also at this juncture and need to be played carefully or else chances of a trap shall be very high.  Markets may open flat/positive  for today and mayremain  good over 26000 for the day. Break below 26000 may take it to 25800 and below also in any case. But above 26000, it remain good for 26200 and above 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 7920 for the target of 7960 and above. Sell below 7920 for the target of 7870 and below BANKING stocks may provide better opportunity for day traders on both side Avoid CEMENT stocks for today
	SAFE STOCK---BATA
	BATA is ruling around the level of 506 and look to be good for the target of 520  in any case in short termand 600 in long term