Intraday outlook for July 22, 2010

• NIFTY
  

Nifty Go long only if cross 5392 for intraday today

Buy Nifty above 5392 with stop loss of 5385

Sell Nifty below 5380 stop loss 5388

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 9970 for intraday today

Buy Bank Nifty above 9970 with stop loss of 9950

Short Bank Nifty only below 9950 with stop loss of 9970

 

• ABAN
  

Buy Aban above 843 with stop loss of 838

Short Aban only below 838 with stop loss of 843

• RELIANCE
  

Buy Reliance above 1058 with stop loss of 1055

Short Reliance only below 1048 with stop loss of 1058

 

• ONGC
  

Buy ONGC above 1269 with stop loss of 1264

Short Reliance only below 1264 with stop loss of 1269