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Monday, August 16, 2010

Intraday outlook for August 17, 2010

  • NIFTY

Nifty Go long only if cross 5432 for intraday today

Buy Nifty above 5432 with stop loss of 5422

Sell Nifty below 5420 stop loss 5432

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 10730 for intraday today

Buy Bank Nifty above 10730 with stop loss of 10710

Short Bank Nifty only below 10710 with stop loss of 10730


 

  • ABAN

Buy Aban above 814 with stop loss of 810

Short Aban only below 810 with stop loss of 814

  • RELIANCE

Buy Reliance above 983 with stop loss of 975

Short Reliance only below 975 with stop loss of 983

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