Intraday outlook of Market for July 5, 2010

• Nifty Spot
  

Spot Nifty looking good for long only if cross 5250 for intraday today

Buy Nifty above 5250 with stop loss of 5230

(buy in every deep today as today s risk reward ratio is not favor of us so we try to accumulate in every deep with stop loss of 5230 & our first target is around 5250 & if sustain above 5250 for more than 10 min than think to add more QTY)

Sell Nifty below 5225 stop loss 5235

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 9400 for intraday today

Buy Bank Nifty above 9400 with stop loss of 9380

Short only below 9380 with stop loss of 9400

• ABAN
  

Buy Aban only above 841 stop loss of 836

Sell Aban only below 835 with stop loss of 840

Today Intraday Every Rise SELLSELL SELL SELLL