Intraday outlook for July 20, 2010

• NIFTY
  

Nifty Go long only if cross 5416 for intraday today

Buy Nifty above 5416 with stop loss of 5408

Sell Nifty below 5400 stop loss 5416

 

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 10111 for intraday today

Buy Bank Nifty above 10111 with stop loss of 10070

Short Bank Nifty only below 10070 with stop loss of 10111

 

• ABAN
  

Buy Aban above 852 with stop loss of 850

Short Aban only below 845 with stop loss of 850

• RELIANCE
  

Buy Reliance above 1064 with stop loss of 1060

Short Reliance only below 1060 with stop loss of 1064

 

• ONGC
  

Buy ONGC above 1265 with stop loss of 1258

Short Reliance only below 1250 with stop loss of 1260