Nifty Analysis ,Bank Nifty Analysis and CNX IT Analysis for 3rd Jan 2011

Nifty for 3rd Jan2011
BUY  @6112-6118-6128-6135-6145-6157-6173
SELL @6089-6084-6073-6066-6056-6044-6029


NIFTY J10 SAR LONG 6032
MOVING AVERAGE PRICE CHANNEL SYSTEM: LONG @5984  STOPLOSS 6023


Volatility  
Minimum 6105  Maximum 6163  Range 30
(Use 10%-15% of Range as stoploss in Intra day trade)


BANK Nifty  for 3rd Jan2011
BUY @11678-11703-11750-11783-11825-11878-11946
SELL @11580-11554-11508-11475-11433-11380-11312


BANK NIFTY SAR LONG 11573
MOVING AVERAGE PRICE CHANNEL :NO POSITION


Volatility  
Minimum 11677  Maximum 11905 Range 113
(Use 10%-15% of Range as stoploss in Intra day trade)


CNX IT  for 3rd Jan2011
BUY @7523-7535-7554-7568-7586-7609-7638
SELL @7482-7470-7451-7437-7419-7396-7367


CNX IT  SAR LONG 7453
MOVING AVERAGE PRICE CHANNEL :LONG @6760  STOPLOSS 7353


Volatility  
Minimum 7461  Maximum 7520   Range 30
(Use 10%-15% of Range as stoploss in Intra day trade)