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Wednesday, August 18, 2010

Intraday outlook for August 18, 2010

  • NIFTY

Nifty Go long only if cross 5506 for intraday today

Buy Nifty above 5506 with stop loss of 5495

Sell Nifty below 5488 stop loss 5499

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 10960 for intraday today

Buy Bank Nifty above 10960 with stop loss of 10910

Short Bank Nifty only below 10910 with stop loss of 10960

  • ABAN

Buy Aban above 803 with stop loss of 798

Short Aban only below 798 with stop loss of 802

  • RELIANCE

Buy Reliance above 971 with stop loss of 966

Short Reliance only below 966 with stop loss of 971

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