Intraday outlook for August 3, 2010

• NIFTY
  

Nifty Go long only if cross 5446 for intraday today

Buy Nifty above 5446 with stop loss of 5438 target 5455 & 5460

Sell Nifty below 5438 stop loss 5446

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 10465 for intraday today

Buy Bank Nifty above 10465 with stop loss of 10450

Short Bank Nifty only below 10445 with stop loss of 10465

 

• ABAN
  

Buy Aban above 896 with stop loss of 890

Short Aban only below 890 with stop loss of 896

• RELIANCE
  

Buy Reliance above 1020 with stop loss of 1014

Short Reliance only below 1014 with stop loss of 1020

 

• ONGC
  

Buy ONGC above 1290 with stop loss of 1280

Short ONGC only below 1280 with stop loss of 1290