Nifty Analysis ,Bank Nifty Analysis and CNX IT Analysis 6thJan2011

Nifty for 6th Jan Jan2011
BUY  @6116-6176-6195-6208-6226-6247-6275
SELL @6126-6115-6096-6083-6066-6044-6016


NIFTY J10 SAR LONG 6073
MOVING AVERAGE PRICE CHANNEL SYSTEM: LONG @5984  STOPLOSS 6070 (POSITION WAS CLOSED).
                                    
Volatility  
Minimum 6043  Maximum 6116  Range 37
(Use 10%-15% of Range as stoploss in Intra day trade)
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BANK Nifty  for 6th Jan Jan2011
BUY @11644-11687-11763-11817-11886-11974-12085
SELL @11483-11441-11365-11311-11242-11154-11042


BANK NIFTY SAR SHORT 11558
MOVING AVERAGE PRICE CHANNEL :NO POSITION


Volatility  
Minimum 11154 Maximum 11456 Range 151
(Use 10%-15% of Range as stoploss in Intra day trade)
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CNX IT for 6th Jan Jan2011
BUY @7529-7538-7554-7565-7580-7599-7622
SELL @7494-7485-+7469-7458-7443-7424-7401


CNX IT  SAR LONG 7422
MOVING AVERAGE PRICE CHANNEL :LONG @6760  STOPLOSS 7353


Volatility  
Minimum 7482  Maximum 7533   Range 26
(Use 10%-15% of Range as stoploss in Intra day trade)
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