Headlines ------ 31st Dec -2015

MARKET MOVEMENT
	N o major action expected below the level of 26000, trade less?---- 26000 is broken and this indicates weakness in markets. Action if any, will be seen above this level only or else it may go to 25750 easily. Trade less in lesser volumes market for today. 2016--------- may this year be the most happiest and colorful for your life. May the God bestows prosperity and good health for you and your family  Markets may open flat  for today and may remain  good over 26000 for the day. Below this level it remain weak for 25750 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 7900 for the target of 7940 and above. Sell below 7900 for the target of 7850 and below PSU Power stocks may provide better opportunity for day traders on both side Avoid METAL stocks for today
	SAFE STOCK---BIOCON
	BIOCON is ruling around the level of 518 and look to be good for the target of 535  in any case in short termand 680 in long term