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Sunday, May 23, 2010

Intraday outlook of Market for 24 May, 2010

  • Nifty Spot

Spot Nifty looking good for long only if cross 4995 for intraday today

Sell Nifty below 4990 with stop loss of 4995

Buy Nifty above 5005 stop loss 4995

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 9280 for intraday today

Buy Bank Nifty above 9280 with stop loss of 9260

Short only below 9260 with stop loss of 9280

  • ABAN

Buy Aban only above 707 stop loss of 700

Sell Aban only below 702 with stop loss of 707

Positional Buy call put stop loss at 680 level

  • Reliance

Reliance stay above 1045 than only thinks for buy in intraday today

Buy Reliance only 1045 with stop loss 1041

Sell below 1040 with stop loss of 1045

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