Intraday outlook for July 29, 2010

• NIFTY
  

Nifty Go long only if cross 5395 for intraday today

Buy Nifty above 5395 with stop loss of 5385

Sell Nifty below 5384 stop loss 5395

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 10055 for intraday today

Buy Bank Nifty above 10055 with stop loss of 10030

Short Bank Nifty only below 10030 with stop loss of 10050

 

• ABAN
  

Buy Aban above 914 with stop loss of 900

Short Aban only below 900 with stop loss of 914

• RELIANCE
  

Buy Reliance above 1028 with stop loss of 1022

Short Reliance only below 1022 with stop loss of 1028

 

• ONGC
  

Buy ONGC above 1253 with stop loss of 1248

Short ONGC only below 1248 with stop loss of 1253

REMEMBER TODAY is F & O EXPIRY, Result of ABAN & ONGC