Sunday, 3 January 2016

Headlines ------ 4th Jan -2016

MARKET MOVEMENT               
No risk over 26000 for this week. over 26200, good for 26750 also?---- This week outlook of the markets is not so bad but the level of 26000 will play a decisive role as break of this will again be negative. Over 26250, no risk is seen and it may gain at least 500 points. Actions may be slow and trend may be dull also.
 Markets may open flat/positive  for today and mayremain  good over 26200 for the day. Below this level, it remain weak for 25950 also.
Trading plan for today-
Select CAPITAL GOODS stocks may remain good for day trades in view of high volatility for today
Trade Nifty with stop loss of 7960 for the target of 8020 and above. Sell below 7960 for the target of 7920 and below
BANKING stocks may provide better opportunity for day traders on both side
Avoid AUTO stocks for today
 
SAFE STOCK---HAVELLS
HAVELLS is ruling around the level of 320 and look to be good for the target of 330  in any case in short termand 400 in long term

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