weekly support and resistance levels nse fno

WEEKLY SUPPORT AND RESISTANCE LEVELS                        FROM  11 MAR TO 16 MARCH 2013                                                                                                               Anurag Gupta                                                                                           Email id –anuraghsr@yahoo.com                                                                                            MOBILE  9255191643 NOW U CAN SEE ALL WD GANN LEVELS ON DAILY  BASIS IN MY BLOG www.chartistscafe.blogspot.com

SYMBOL CLOSE TREND RES2 RES1 TREND LEVEL SUPP1 SUPP2 ACC MAR 1249.00 BEARISH 1303.80 1276.40 1234.95 1207.55 1166.10 ABIRLANUVO MAR 1074.65 BULLISH 1118.82 1096.73 1060.87 1038.78 1002.92 AMBUJACEM 188.75 BEARISH 203.52 196.13 189.32 181.93 175.12 ARVIND MAR 83.15 BULLISH 91.05 87.10 81.05 77.10 71.05 AUROPHARMA MAR 165.90 BULLISH 178.63 172.27 163.18 156.82 147.73 AXISBANK MAR 1416.75 BULLISH 1471.25 1444.00 1397.45 1370.20 1323.65 BAJAJAUTO MAR 2019.55 BEARISH 2073.38 2046.47 2001.08 1974.17 1928.78 BANKNIFTY MAR 12243.05 BULLISH 12778.78 12510.92 12006.13 11738.27 11233.48 BHEL MAR 207.45 BULLISH 215.45 211.45 204.40 200.40 193.35 BHUSHAN STEEL MAR 459.15 BULLISH 470.38 464.77 455.88 450.27 441.38 CENTURYTEX MAR 334.45 BULLISH 354.55 344.50 328.80 318.75 303.05 COALINDIA MAR 313.70 BULLISH 323.47 318.58 309.57 304.68 295.67 DIVISLAB MAR 1044.95 BEARISH 1080.35 1062.65 1045.45 1027.75 1010.55 GAIL MAR 342.80 BULLISH 355.27 349.03 337.17 330.93 319.07 GRASIM MAR 3051.75 BULLISH 3194.58 3123.17 2993.43 2922.02 2792.28 HDFC MAR 816.55 BULLISH 849.78 833.17 802.38 785.77 754.98 HDFCBANK MAR 659.60 BULLISH 689.00 674.30 647.65 632.95 606.30 ICICIBANK MAR 1142.25 BULLISH 1206.35 1174.30 1112.95 1080.90 1019.55 INFOSYS MAR 2987.90 BULLISH 3095.03 3041.47 2965.23 2911.67 2835.43 JINDALSTEEL MAR 368.95 BULLISH 390.12 379.53 361.32 350.73 332.52 JSWSTEEL MAR 747.40 BEARISH 781.47 764.43 739.72 722.68 697.97 KOTAKBANK MAR 679.05 BULLISH 705.12 692.08 668.87 655.83 632.62 MARUTI MAR 1431.30 BULLISH 1513.10 1472.20 1431.10 1390.20 1349.10 NIFTY MAR 5968.30 BEARISH 6179.43 6073.87 5875.98 5770.42 5572.53 ONGC MAR 325.50 BULLISH 339.43 332.47 319.98 313.02 300.53 RANBAXY MAR 405.10 BULLISH 428.17 416.63 397.82 386.28 367.47 RELCAPITAL MAR 382.35 BULLISH 406.32 394.33 373.72 361.73 341.12 RELIANCE MAR 854.30 BULLISH 890.77 872.53 839.77 821.53 788.77 SBIN MAR 2216.35 BULLISH 2318.72 2267.53 2176.37 2125.18 2034.02 UNITEDSPIRITS MAR 1908.10 BULLISH 2003.23 1955.67 1882.33 1834.77 1761.43 WIPRO MAR 446.15 BULLISH 478.02 462.08 440.57 424.63 403.12 ZEE ENTER MAR 222.45 BULLISH 230.18 226.32 220.63 216.77 211.08

PLEASE UNDERSTAND BEFORE YOU TRADE TRADING GUIDELINES (or how to trade using this sheet): 1. This model is based on the premise that the TREND LEVEL is the most important price level that decides the intraday trend. Much like how the door or a window hangs by a hinge and sways in the wind, the intraday trend also hangs by this TREND LEVEL and swings because of the demand-supply, volatility and market sentiments prevailing in the market. Hence its importance in intraday trading. 2. Opening Price is considered around close of previous day. Avoid BUYING if Prices open abnormally High and Avoid SELLING if prices open too low. 3. If the market price is stable above the TREND LEVEL, then GO LONG. and book profit near the resistant level (res1 and res2) 4. If the market price is stable below the TREND LEVEL, then GO SHORT. and book profit near the support level (sup1 and sup2) 5. STOP LOSS: Since you are aware of the 'potential returns' at the time of initiating an intraday trade (difference between the entry price and profit targets), you should set up an appropriate STOP LOSS  around 1% above below of the trade price to protect yourself if the market turns and goes against you. 6. ALTERNATE STRATEGY: If you have already initiated a trade with clear-cut profit targets and a stop loss level, and find during the course of the trading day that the market turns and goes the other way and crosses the TREND LEVEL, then trade again:      .For instance, if your first trade was a LONG trade and the market price drops through the TREND LEVEL to lower price levels, then GO SHORT.            . And, if your first trade was a SHORT trade, and the market price rises through the TREND                                      LEVEL to higher price levels, then GO LONG.

Anurag Gupta is a professional analyst and investment consultant having a rich experience of around 21 years successfully predicting the movement of Indian Stock Market. With an enviable track record of more than 90 % accuracy consistently, we firmly believe that the Key to success for Indian stock market is a rare combination of Money + Method + Time + Target. It would be a very difficult task to achieve perfection in all above, but we have been able to go very much close to the same by continuously practicing the guru mantras for stock market over the past 2 decades Self confidence, Hard Work. My email id and chat id anuraghsr@yahoo.com. Mobile no 9255191643. You can watch his daily news letter on http://www.ways2gain.com/anuraggupta_daily.html. We provide paid service also for intraday trading Nifty Future Call + intraday call in fno and in capital market + daily news letter + BTST/STBT+ delivery base call for swing traders and short term investors. Based on news and technical by sms.