Saturday, June 22, 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO


WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO                     
FROM  24 June TO 29 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
1167.15
BEARISH
1260.12
1213.63
1184.37
1137.88
1108.62
ABIRLANUVO JUNE
1082.45
BULLISH
1122.65
1102.55
1077.60
1057.50
1032.55
AMBUJACEM
185.80
BULLISH
193.60
189.70
182.75
178.85
171.90
ARVIND JUNE
78.35
BEARISH
82.98
80.67
78.83
76.52
74.68
AUROPHARMA JUNE
171.30
BULLISH
193.23
182.27
173.88
162.92
154.53
AXISBANK JUNE
1262.25
BEARISH
1367.42
1314.83
1270.42
1217.83
1173.42
BAJAJAUTO JUNE
1827.95
BULLISH
1921.58
1874.77
1809.43
1762.62
1697.28
BANKNIFTY JUNE
11346.90
BEARISH
19046.80
15196.85
8159.05
4309.10
-2728.70
BHEL JUNE
170.65
BEARISH
191.05
180.85
174.45
164.25
157.85
CENTURYTEX JUNE
273.50
BEARISH
310.10
291.80
279.40
261.10
248.70
COALINDIA JUNE
299.35
BEARISH
311.32
305.33
299.37
293.38
287.42
DIVISLAB JUNE
980.90
BULLISH
1032.00
1006.45
973.85
948.30
915.70
GAIL JUNE
289.75
BEARISH
314.42
302.08
294.47
282.13
274.52
GRASIM JUNE
2770.30
BEARISH
2902.30
2836.30
2759.50
2693.50
2616.70
HDFC JUNE
808.55
BEARISH
867.75
838.15
814.40
784.80
761.05
HDFCBANK JUNE
635.75
BEARISH
685.28
660.52
645.28
620.52
605.28
ICICIBANK JUNE
1046.05
BEARISH
1141.48
1093.77
1060.43
1012.72
979.38
INFOSYS JUNE
2416.75
BULLISH
2529.18
2472.97
2410.48
2354.27
2291.78
JINDALSTEEL JUNE
205.35
BEARISH
283.12
244.23
220.22
181.33
157.32
JSWSTEEL JUNE
672.35
BEARISH
758.12
715.23
682.62
639.73
607.12
KOTAKBANK JUNE
728.85
BEARISH
793.55
761.20
740.10
707.75
686.65
MARUTI JUNE
1545.80
BULLISH
1590.27
1568.03
1532.57
1510.33
1474.87
NIFTY JUNE
5661.85
BEARISH
5967.88
5814.87
5714.38
5561.37
5460.88
ONGC JUNE
307.65
BEARISH
322.55
315.10
306.55
299.10
290.55
RANBAXY JUNE
349.25
BEARISH
395.92
372.58
356.12
332.78
316.32
RELCAPITAL JUNE
320.25
BEARISH
366.72
343.48
327.57
304.33
288.42
RELIANCE JUNE
794.75
BEARISH
859.42
827.08
805.87
773.53
752.32
SBIN JUNE
1986.20
BEARISH
2126.93
2056.57
2008.28
1937.92
1889.63
UNITEDSPIRITS JUNE
2411.10
BULLISH
2576.97
2494.03
2426.02
2343.08
2275.07
WIPRO JUNE
342.95
BULLISH
357.65
350.30
339.15
331.80
320.65
ZEE ENTER JUNE
236.00
BULLISH
248.43
242.22
231.08
224.87
213.73
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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