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Sunday, August 15, 2010

Intraday outlook for August 16, 2010

  • NIFTY

Nifty Go long only if cross 5454 for intraday today

Buy Nifty above 5454 with stop loss of 5440 target around 5464 & 5472

Sell Nifty below 5440 stop loss 5455

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 10740 for intraday today

Buy Bank Nifty above 10740 with stop loss of 10710

Short Bank Nifty only below 10710 with stop loss of 10740


 

  • ABAN

Buy Aban above 835 with stop loss of 830

Short Aban only below 830 with stop loss of 835

  • RELIANCE

Buy Reliance above 986 with stop loss of 980

Short Reliance only below 980 with stop loss of 986

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