WEEKLY SUPPORT AND RESISTANCE LEVELS FROM 20 MAY TO 25 MAY 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS                        FROM  20 MAY TO 25 MAY  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 MAY 1273.35 BULLISH 1337.32 1305.33 1252.67 1220.68 1168.02 ABIRLANUVO MAY 1103.50 BULLISH 1147.67 1125.58 1090.92 1068.83 1034.17 AMBUJACEM 191.50 BULLISH 198.80 195.15 189.70 186.05 180.60 ARVIND MAY 81.90 BEARISH 88.30 85.10 81.80 78.60 75.30 AUROPHARMA MAY 193.30 BEARISH 206.00 199.65 194.55 188.20 183.10 AXISBANK MAY 1542.40 BULLISH 1613.33 1577.87 1512.43 1476.97 1411.53 BAJAJAUTO MAY 1840.95 BEARISH 1948.92 1894.93 1838.82 1784.83 1728.72 BANKNIFTY MAY 13265.95 BULLISH 13848.05 13557.00 13013.40 12722.35 12178.75 BHEL MAY 202.05 BULLISH 214.65 208.35 198.10 191.80 181.55 CENTURYTEX MAY 325.20 BULLISH 340.77 332.98 320.22 312.43 299.67 COALINDIA MAY 299.00 BEARISH 310.47 304.73 300.12 294.38 289.77 DIVISLAB MAY 1124.00 BULLISH 1185.67 1154.83 1120.17 1089.33 1054.67 GAIL MAY 339.40 BEARISH 356.60 348.00 339.40 330.80 322.20 GRASIM MAY 3146.70 BULLISH 3263.57 3205.13 3110.57 3052.13 2957.57 HDFC MAY 907.90 BULLISH 958.17 933.03 896.57 871.43 834.97 HDFCBANK MAY 722.10 BULLISH 750.50 736.30 712.20 698.00 673.90 ICICIBANK MAY 1213.80 BULLISH 1277.93 1245.87 1186.93 1154.87 1095.93 INFOSYS MAY 2334.50 BEARISH 2388.67 2361.58 2328.92 2301.83 2269.17 JINDALSTEEL MAY 314.15 BULLISH 325.75 319.95 310.80 305.00 295.85 JSWSTEEL MAY 708.90 BULLISH 743.37 726.13 699.07 681.83 654.77 KOTAKBANK MAY 794.65 BULLISH 847.48 821.07 772.08 745.67 696.68 MARUTI MAY 1718.60 BEARISH 1792.73 1755.67 1727.83 1690.77 1662.93 NIFTY MAY 6196.10 BULLISH 6357.30 6276.70 6128.60 6048.00 5899.90 ONGC MAY 341.85 BULLISH 362.38 352.12 336.68 326.42 310.98 RANBAXY MAY 473.80 BULLISH 513.20 493.50 458.25 438.55 403.30 RELCAPITAL MAY 376.15 BEARISH 402.45 389.30 371.65 358.50 340.85 RELIANCE MAY 838.30 BULLISH 877.17 857.73 828.57 809.13 779.97 SBIN MAY 2388.55 BULLISH 2497.65 2443.10 2345.25 2290.70 2192.85 UNITEDSPIRITS MAY 2424.95 BULLISH 2566.45 2495.70 2367.85 2297.10 2169.25 WIPRO MAY 344.70 BEARISH 362.67 353.68 346.72 337.73 330.77 ZEE ENTER MAY 244.10 BULLISH 262.63 253.37 246.23 236.97 229.83

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.