Intraday outlook for July 26, 2010

• NIFTY
  

Nifty Go long only if cross 5470 for intraday today

Buy Nifty above 5470 with stop loss of 5460

Sell Nifty below 5463 stop loss 5470 target around 5450

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 10150 for intraday today

Buy Bank Nifty above 10150 with stop loss of 10120

Short Bank Nifty only below 10120 with stop loss of 10150

 

• ABAN
  

Buy Aban above 849 with stop loss of 845

Short Aban only below 841 with stop loss of 847

• RELIANCE
  

Buy Reliance above 1068 with stop loss of 1061

Short Reliance only below 1061 with stop loss of 1068

 

• ONGC
  

Buy ONGC above 1265 with stop loss of 1258

Short Reliance only below 1258 with stop loss of 1265