WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO FROM 23 Sept TO 27 September 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO                FROM  23 Sept TO 27 September 2013                                                                                                               Anurag Gupta                                                                                           Email id –anuraghsr@yahoo.com                                                                                            MOBILE  9255191643                                                                                                 www.chartistscafe.blogspot.com

SYMBOL CLOSE TREND RES2 RES1 TREND LEVEL SUPP1 SUPP2 ACC SEPT 1129.50 BULLISH 1202.77 1166.13 1100.57 1063.93 998.37 ABIRLANUVO SEPT 1223.55 BULLISH 1298.32 1260.93 1218.47 1181.08 1138.62 AMBUJACEM 193.80 BULLISH 206.97 200.38 188.27 181.68 169.57 ARVIND SEPT 83.00 BEARISH 88.40 85.70 83.00 80.30 77.60 AUROPHARMA SEPT 189.55 BULLISH 203.65 196.60 183.95 176.90 164.25 AXISBANK SEPT 1105.45 BULLISH 1242.95 1174.20 1108.15 1039.40 973.35 BAJAJAUTO SEPT 2003.50 BEARISH 2105.50 2054.50 2021.50 1970.50 1937.50 BANKNIFTY SEPT 10722.30 BULLISH 11836.87 11279.58 10729.72 10172.43 9622.57 BHEL SEPT 134.55 BEARISH 153.78 144.17 135.08 125.47 116.38 CENTURYTEX SEPT 248.50 BULLISH 271.90 260.20 249.10 237.40 226.30 COALINDIA SEPT 302.35 BULLISH 318.28 310.32 298.08 290.12 277.88 DIVISLAB SEPT 998.00 BEARISH 1059.80 1028.90 1002.95 972.05 946.10 GAIL SEPT 341.20 BULLISH 366.40 353.80 330.95 318.35 295.50 GRASIM SEPT 2833.20 BULLISH 3111.67 2972.43 2713.72 2574.48 2315.77 HDFC SEPT 810.35 BEARISH 876.25 843.30 813.65 780.70 751.05 HDFCBANK SEPT 661.75 BULLISH 724.48 693.12 662.63 631.27 600.78 ICICIBANK SEPT 992.30 BULLISH 1123.30 1057.80 1003.50 938.00 883.70 INFOSYS SEPT 3010.55 BEARISH 3102.25 3056.40 3026.70 2980.85 2951.15 JINDALSTEEL SEPT 262.10 BULLISH 283.30 272.70 255.95 245.35 228.60 JSWSTEEL SEPT 743.65 BULLISH 821.02 782.33 709.17 670.48 597.32 KOTAKBANK SEPT 751.60 BULLISH 830.07 790.83 743.67 704.43 657.27 MARUTI SEPT 1472.95 BULLISH 1596.42 1534.68 1437.62 1375.88 1278.82 NIFTY SEPT 6037.50 BULLISH 6369.43 6203.47 6008.83 5842.87 5648.23 ONGC SEPT 291.60 BULLISH 317.30 304.45 291.15 278.30 265.00 RANBAXY SEPT 335.05 BEARISH 439.18 387.12 343.28 291.22 247.38 RELCAPITAL SEPT 357.05 BULLISH 388.12 372.58 353.87 338.33 319.62 RELIANCE SEPT 886.45 BULLISH 930.12 908.28 883.17 861.33 836.22 SBIN SEPT 1740.55 BULLISH 1955.25 1847.90 1741.45 1634.10 1527.65 UNITEDSPIRITS SEPT 2540.25 BEARISH 2715.98 2628.12 2536.58 2448.72 2357.18 WIPRO SEPT 476.65 BULLISH 508.48 492.57 471.03 455.12 433.58 ZEE ENTER SEPT 224.85 BEARISH 239.15 232.00 226.55 219.40 213.95

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.