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Sunday, June 27, 2010

Intraday outlook of Market for June 28, 2010

  • Nifty Spot

Spot Nifty looking good for long only if cross 5300 for intraday today

Buy Nifty above 5298 with stop loss of 5290

Sell Nifty below 5290 stop loss 5300 target around 5275 5270 (panic seen only below 5265)

Buy Nifty around 5270 stop loss 5265

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 9480 for intraday today

Buy Bank Nifty above 9480 with stop loss of 9440

Short only below 9440 with stop loss of 9480

  • ABAN

Buy Aban only above 763 stop loss of 757.80

Sell Aban only below 757 with stop loss of 763.10

  • Reliance

Reliance as long as stay above 1075 looking good for intraday long

Buy Reliance only 1075 with stop loss 1065

Sell below 1064 with stop loss of 1075

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