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Tuesday, May 4, 2010

Intraday outlook of Market for May 5, 2010

  • Nifty

Nifty looking good for buy only above 5080

Risky trader can short Nifty below 5070 with stop loss of 5085

Buy nifty only above 5085 in intraday today with stop loss of 5070

  • Bank Nifty

Bank Nifty looking good as long as it stay above 9470 level

Buy Bank Nifty above 9480 with stop loss of 9460

Short below 9460 with stop loss of 9480

  • ABAN

Today short at high with stop loss of 1110

Buy above 1112 with stop loss of 1105


 

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