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Thursday, August 12, 2010

Intraday outlook for August 13, 2010

  • NIFTY

Nifty Go long only if cross 5435 for intraday today

Buy Nifty above 5486 with stop loss of 5435 target around 5430

Sell Nifty below 5425 stop loss 5435

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 10660 for intraday today

Buy Bank Nifty above 10660 with stop loss of 10650

Short Bank Nifty only below 10650 with stop loss of 10660


 

  • ABAN

Buy Aban above 848 with stop loss of 843

Short Aban only below 842 with stop loss of 848

  • RELIANCE

Buy Reliance above 977 with stop loss of 973

Short Reliance only below 973 with stop loss of 977


 

  • ONGC

Buy ONGC above 1240 with stop loss of 1230

Short ONGC only below 1230 with stop loss of 1240

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