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Thursday, May 6, 2010

Intraday Market Outlook for May 7, 2010

  • Nifty

Today buy on deep with stop loss of 5000 or 5010

(Nifty face Hurdle around 5070 level if found around there take part profit or that time risky trader may short there stop loss 5080)

Short only below 5005 with stop loss of 5015

  • Bank Nifty

Today buy on deep with stop loss of 9400

Short Only Below 9400 stop loss 9430

  • ABAN

Buy in deep with stop loss of 1020

Short only below 1018 with stop loss of 1025

  • RELIANCE

As long as stay above 994 wat ever is verdict it is gooood for reliance PANIC Only below THAT

Short only below 994 with stop loss of 997

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