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Wednesday, June 16, 2010

Intraday outlook of Market for June 17, 2010

  • Nifty Spot

Spot Nifty looking good for long only if cross 5240 for intraday today

Buy Nifty above 5240 with stop loss of 5235

Sell Nifty below 5230 stop loss 5255

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 9580 for intraday today

Buy Bank Nifty above 9580 with stop loss of 9560

Short only below 9555 with stop loss of 9580

  • ABAN

Buy Aban only above 717 stop loss of 715

Sell Aban only below 713 with stop loss of 715.5

  • Reliance

Reliance as long as stay above 1065 looking good for intraday long

Buy Reliance only 1065 with stop loss 1062

Sell below 1062 with stop loss of 1065

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