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Monday, August 23, 2010

Intraday outlook for August 24, 2010

  • NIFTY

Nifty Go long only if cross 5542 for intraday today

Buy Nifty above 5542 with stop loss of 5534

Sell Nifty below 5533 stop loss 5542

  • Bank Nifty

Spot Bank Nifty looking good for long only if cross 11100 for intraday today

Buy Bank Nifty above 11010 with stop loss of 11075

Short Bank Nifty only below 11075 with stop loss of 11100

  • ABAN

Buy Aban above 829 with stop loss of 823

Short Aban only below 824 with stop loss of 829

  • RELIANC

Buy Reliance above 981 with stop loss of 975

Short Reliance only below 975 with stop loss of 981

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