Saturday, June 8, 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FROM 10 June TO 15 June 2013


WEEKLY SUPPORT AND RESISTANCE LEVELS                       
FROM  10 June TO 15 June  2013
                                                                                                              Anurag Gupta
                                                                                          Email id –anuraghsr@yahoo.com
                                                                                           MOBILE  9255191643

NOW U CAN SEE ALL WD GANN LEVELS ON DAILY  BASIS IN MY BLOG


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC JUNE
1205.20
BEARISH
1264.27
1234.73
1210.97
1181.43
1157.67
ABIRLANUVO JUNE
1075.00
BULLISH
1107.90
1091.45
1063.35
1046.90
1018.80
AMBUJACEM
172.60
BEARISH
189.47
181.03
175.87
167.43
162.27
ARVIND JUNE
85.70
BULLISH
92.90
89.30
84.65
81.05
76.40
AUROPHARMA JUNE
185.30
BULLISH
199.90
192.60
182.30
175.00
164.70
AXISBANK JUNE
1382.25
BEARISH
1481.22
1431.73
1401.37
1351.88
1321.52
BAJAJAUTO JUNE
1752.30
BEARISH
1850.37
1801.33
1771.17
1722.13
1691.97
BANKNIFTY JUNE
12227.35
BEARISH
12654.98
12441.17
12316.13
12102.32
11977.28
BHEL JUNE
190.00
BEARISH
204.70
197.35
193.35
186.00
182.00
CENTURYTEX JUNE
290.10
BULLISH
311.33
300.72
288.78
278.17
266.23
COALINDIA JUNE
321.30
BEARISH
337.03
329.17
324.13
316.27
311.23
DIVISLAB JUNE
947.30
BEARISH
1005.10
976.20
960.10
931.20
915.10
GAIL JUNE
307.85
BEARISH
324.42
316.13
311.07
302.78
297.72
GRASIM JUNE
2791.35
BEARISH
2928.48
2859.92
2801.48
2732.92
2674.48
HDFC JUNE
832.30
BEARISH
915.83
874.07
849.23
807.47
782.63
HDFCBANK JUNE
674.95
BEARISH
710.22
692.58
682.52
664.88
654.82
ICICIBANK JUNE
1146.45
BEARISH
1193.55
1170.00
1149.05
1125.50
1104.55
INFOSYS JUNE
2455.45
BULLISH
2705.08
2580.27
2504.18
2379.37
2303.28
JINDALSTEEL JUNE
280.80
BEARISH
303.10
291.95
285.75
274.60
268.40
JSWSTEEL JUNE
724.05
BULLISH
781.28
752.67
719.58
690.97
657.88
KOTAKBANK JUNE
765.15
BEARISH
794.18
779.67
771.23
756.72
748.28
MARUTI JUNE
1561.25
BEARISH
1635.75
1598.50
1570.45
1533.20
1505.15
NIFTY JUNE
5895.20
BULLISH
6153.07
6024.13
5951.22
5822.28
5749.37
ONGC JUNE
320.65
BEARISH
336.75
328.70
322.35
314.30
307.95
RANBAXY JUNE
378.95
BULLISH
401.45
390.20
375.10
363.85
348.75
RELCAPITAL JUNE
342.55
BULLISH
366.05
354.30
340.75
329.00
315.45
RELIANCE JUNE
787.95
BEARISH
822.32
805.13
794.87
777.68
767.42
SBIN JUNE
2032.10
BEARISH
2127.37
2079.73
2049.37
2001.73
1971.37
UNITEDSPIRITS JUNE
2488.25
BULLISH
2649.62
2568.93
2490.32
2409.63
2331.02
WIPRO JUNE
331.90
BULLISH
345.30
338.60
329.30
322.60
313.30
ZEE ENTER JUNE
232.95
BULLISH
249.92
241.43
232.67
224.18
215.42
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 SHORTand 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.

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