Intraday outlook for July 30, 2010

• NIFTY
  

Nifty Go long only if cross 5390 for intraday today

Buy Nifty above 5390 with stop loss of 5383 target 5410 & if cross 5415 than buy in DOUBLE Qty

Sell Nifty below 5382 stop loss 5390

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 10130 for intraday today

Buy Bank Nifty above 10130 with stop loss of 10115 target 10150 & if cross 10150 than DOUBLE Qty

Short Bank Nifty only below 10115 with stop loss of 10130

 

• ABAN
  

Buy Aban above 887 with stop loss of 882

Short Aban only below 877 with stop loss of 884

• RELIANCE
  

Buy Reliance above 1014 with stop loss of 1008

Short Reliance only below 1008 with stop loss of 1014

 

• ONGC
  

Buy ONGC above 1236 with stop loss of 1225

Short ONGC only below 1224 with stop loss of 1236