Intraday outlook for August 6, 2010

• NIFTY
  

Nifty Go long only if cross 5454 for intraday today

Buy Nifty above 5455 with stop loss of 5447

Sell Nifty below 5440 stop loss 5455

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 10460 for intraday today

Buy Bank Nifty above 10460 with stop loss of 10440

Short Bank Nifty only below 10440 with stop loss of 10460

 

• ABAN
  

Buy Aban above 918 with stop loss of 908

Short Aban only below 904 with stop loss of 913

• RELIANCE
  

Buy Reliance above 1010 with stop loss of 1000

Short Reliance only below 1001 with stop loss of 1010

 

• ONGC
  

Buy ONGC above 1240 with stop loss of 1234

Short ONGC only below 1234 with stop loss of 1240