Intraday outlook of Market for June 30, 2010

• Nifty Spot
  

Spot Nifty looking good for long only if cross 5225 for intraday today

Buy Nifty above 5225 with stop loss of 5220 1^st target around 5250 & 5255 if stay above 5255 for 10 min than next target is 5270

Sell Nifty below 5220 stop loss 5225

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 9330 for intraday today

Buy Bank Nifty above 9330 with stop loss of 9315

Short only below 9310 with stop loss of 9330

• ABAN
  

Buy Aban only above 833 stop loss of 827

Sell Aban only below 827 with stop loss of 833

• Reliance
  

Reliance as long as stay above 1063 looking good for intraday long

Buy Reliance only 1063 with stop loss 1060

Sell below 1060 with stop loss of 1063