WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO FROM 21 Oct TO 26 Oct 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO                FROM  21 Oct TO 26 Oct 2013                                                                                                               Anurag Gupta                                                                                           Email id –anuraghsr@yahoo.com                                                                                            MOBILE  9255191643                                                                                                 www.chartistscafe.blogspot.com

SYMBOL CLOSE TREND RES2 RES1 TREND LEVEL SUPP1 SUPP2 ACC OCT 1146.45 BULLISH 1196.42 1171.43 1144.72 1119.73 1093.02 ABIRLANUVO OCT 1223.65 BEARISH 1331.52 1277.58 1232.07 1178.13 1132.62 AMBUJACEM 198.35 BULLISH 206.58 202.47 197.78 193.67 188.98 ARVIND OCT 100.05 BULLISH 108.52 104.28 99.47 95.23 90.42 AUROPHARMA OCT 209.15 BEARISH 221.58 215.37 209.38 203.17 197.18 AXISBANK OCT 1161.10 BULLISH 1228.10 1194.60 1133.30 1099.80 1038.50 BAJAJAUTO OCT 2164.95 BULLISH 2251.25 2208.10 2166.55 2123.40 2081.85 BANKNIFTY OCT 10803.05 BULLISH 11198.35 11000.70 10647.85 10450.20 10097.35 BHEL OCT 147.35 BULLISH 157.95 152.65 146.40 141.10 134.85 CENTURYTEX OCT 268.70 BULLISH 281.53 275.12 263.33 256.92 245.13 COALINDIA OCT 287.15 BULLISH 294.55 290.85 286.10 282.40 277.65 DIVISLAB OCT 1036.15 BEARISH 1075.15 1055.65 1032.95 1013.45 990.75 GAIL OCT 328.70 BEARISH 342.63 335.67 330.28 323.32 317.93 GRASIM OCT 2759.45 BEARISH 2845.68 2802.57 2746.28 2703.17 2646.88 HDFC OCT 823.55 BULLISH 847.18 835.37 815.18 803.37 783.18 HDFCBANK OCT 680.20 BULLISH 707.33 693.77 669.93 656.37 632.53 ICICIBANK OCT 1014.60 BULLISH 1054.73 1034.67 998.83 978.77 942.93 INFOSYS OCT 3333.20 BULLISH 3427.60 3380.40 3316.75 3269.55 3205.90 JINDALSTEEL OCT 257.25 BULLISH 265.48 261.37 255.83 251.72 246.18 JSWSTEEL OCT 814.85 BULLISH 849.82 832.33 804.27 786.78 758.72 KOTAKBANK OCT 703.45 BEARISH 742.72 723.08 699.57 679.93 656.42 MARUTI OCT 1474.45 BULLISH 1522.82 1498.63 1461.82 1437.63 1400.82 NIFTY OCT 6210.45 BEARISH 6329.62 6270.03 6164.42 6104.83 5999.22 ONGC OCT 285.00 BULLISH 296.20 290.60 281.70 276.10 267.20 RANBAXY OCT 393.10 BEARISH 419.83 406.47 394.13 380.77 368.43 RELCAPITAL OCT 353.25 BEARISH 377.42 365.33 350.12 338.03 322.82 RELIANCE OCT 908.90 BULLISH 939.97 924.43 896.22 880.68 852.47 SBIN OCT 1672.85 BULLISH 1761.88 1717.37 1659.23 1614.72 1556.58 UNITEDSPIRITS OCT 2593.45 BULLISH 2711.72 2652.58 2581.07 2521.93 2450.42 WIPRO OCT 510.70 BULLISH 538.90 524.80 509.45 495.35 480.00 ZEE ENTER OCT 253.60 BULLISH 263.63 258.62 249.78 244.77 235.93

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.