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So lately I've been making a few chaos daemon lists, and out of all of them this is currently the best that I could come up with:

HQ:
Lord of Change Mastery level 3 and Greater reward (warlord)
Lord of Change Mastery level 3, Greater reward and Exhalted reward (Portalglyph)

Troops:
10 Daemonettes
3 Nurglings

Fast Attack:
8 Screamers

Heavy Support:
Daemon Prince Mark of Tzeentch, Daemonic Flight, Warp-Forged Armour, Mastery level 3 and Exhalted reward (grimoire)

So that all comes to 1250pts on the dot. So what do you think? I also have a topic going in the 40k tactics section, about if daemons work in 40k in lower points games, so go and check that out also.