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Monday, June 28, 2010

Intraday outlook of Market for June 29, 2010

  • Nifty Spot

Spot Nifty looking good for long only if cross 5330 for intraday today

Buy Nifty above 5310 with stop loss of 5300 1st target around 5325 & 5335 if stay above 5330 for 10 min than next target is 5350

Sell Nifty below 5299 stop loss 5310

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 9520 for intraday today

Buy Bank Nifty above 9500 with stop loss of 9475

Short only below 9475 with stop loss of 9500

  • ABAN

Buy Aban only above 797 stop loss of 794

Sell Aban only below 794 with stop loss of 798

  • Reliance

Reliance as long as stay above 1091 looking good for intraday long

Buy Reliance only 1091 with stop loss 1085

Sell below 1080 with stop loss of 1091

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