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Monday, June 21, 2010

Intraday outlook of Market for June 22, 2010

  • Nifty Spot

Spot Nifty looking good for long only if cross 5335 for intraday today

Buy Nifty above 5335 with stop loss of 5330 for target of 5350 5355

Sell Nifty below 5330 stop loss 5335

(Sell nifty around 5355 or 5350 with stop loss of 5357)

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 9726 for intraday today

Buy Bank Nifty above 9730 with stop loss of 9700

Short only below 9700 with stop loss of 9730

  • ABAN

Buy Aban only above 748 stop loss of 745

Sell Aban only below 745 with stop loss of 741

  • Reliance

Reliance as long as stay above 1064 looking good for intraday long

Buy Reliance only 1064 with stop loss 1060

Sell below 1060 with stop loss of 1064

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