Intraday outlook for July 9, 2010

• NIFTY
  

Nifty Go long only if cross 5340 for intraday today

Buy Nifty above 5340 with stop loss of 5333

Sell Nifty below 5330 stop loss 5340 target around 5310

Buy NIFTY around 5310 stop loss 5300 in any intraday Decline

 

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 9640 for intraday today

Buy Bank Nifty above 9640 with stop loss of 9610

Short Bank Nifty only below 9610 with stop loss of 9640

 

• ABAN
  

Buy Aban above 864 with stop loss of 870

Short Aban only below 864 with stop loss of 870

• RELIANCE
  

Buy Reliance above 1067 with stop loss of 1060

Short Reliance only below 1060 with stop loss of 1067