Intraday outlook for September 2, 2010

• NIFTY
  

Nifty Go long only if cross 5515 for intraday today

Buy Nifty above 5515 with stop loss of 5505

Sell Nifty below 5490 stop loss 5500

• Bank Nifty
  

Spot Bank Nifty looking good for long only if cross 10980 for intraday today

Buy Bank Nifty above 10980 with stop loss of 10940

Short Bank Nifty only below 10920 with stop loss of 10980

• ABAN
  

Buy Aban above 788 with stop loss of 780

Short Aban only below 780 with stop loss of 788

• RELIANCE
  

Buy Reliance above 945 with stop loss of 937

Short Reliance only below 937 with stop loss of 45