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Tuesday, June 1, 2010

Intraday outlook of Market for June 2, 2010

  • Nifty Spot

Spot Nifty looking good for long only if cross 4990 for intraday today

Sell Nifty below 4980 with stop loss of 4985 & below 4950 more selling pressure can see

Buy Nifty above 4990 stop loss 4985

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 9150 for intraday today

Buy Bank Nifty above 9140 with stop loss of 9125

Short only below 9120 with stop loss of 9150

  • ABAN

Buy Aban only above 694 stop loss of 690

Sell Aban only below 690 with stop loss of 695

  • Reliance

Reliance stay above 1018 than only thinks for buy in intraday today

Buy Reliance only 1018 with stop loss 1010

Sell below 1011 with stop loss of 1018

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