WEEKLY SUPPORT AND RESISTANCE LEVELS FROM 18 MAR TO 23 MARCH 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS                        FROM  18 MAR TO 23 MARCH 2013                                                                                                               Anurag Gupta                                                                                           Email id –anuraghsr@yahoo.com                                                                                            MOBILE  9255191643

SYMBOL CLOSE TREND RES2 RES1 TREND LEVEL SUPP1 SUPP2 ACC MAR 1237.50 BEARISH 1307.27 1272.38 1248.82 1213.93 1190.37 ABIRLANUVO MAR 1040.75 BEARISH 1109.18 1074.97 1054.48 1020.27 999.78 AMBUJACEM 188.95 BULLISH 196.88 192.92 189.53 185.57 182.18 ARVIND MAR 81.25 BEARISH 87.58 84.42 82.08 78.92 76.58 AUROPHARMA MAR 160.65 BEARISH 175.52 168.08 163.37 155.93 151.22 AXISBANK MAR 1347.15 BEARISH 1492.18 1419.67 1362.33 1289.82 1232.48 BAJAJAUTO MAR 1860.90 BEARISH 2089.10 1975.00 1911.90 1797.80 1734.70 BANKNIFTY MAR 11879.35 BEARISH 12625.45 12252.40 11921.20 11548.15 11216.95 BHEL MAR 198.10 BEARISH 213.10 205.60 200.65 193.15 188.20 BHUSHAN STEEL MAR 457.10 BEARISH 463.83 460.47 457.23 453.87 450.63 CENTURYTEX MAR 316.95 BEARISH 351.72 334.33 323.02 305.63 294.32 COALINDIA MAR 311.40 BEARISH 323.97 317.68 312.62 306.33 301.27 DIVISLAB MAR 1021.90 BEARISH 1063.37 1042.63 1030.32 1009.58 997.27 GAIL MAR 325.25 BEARISH 360.65 342.95 333.50 315.80 306.35 GRASIM MAR 2987.20 BEARISH 3127.47 3057.33 3007.17 2937.03 2886.87 HDFC MAR 820.65 BULLISH 860.42 840.53 820.52 800.63 780.62 HDFCBANK MAR 643.20 BEARISH 686.23 664.72 640.98 619.47 595.73 ICICIBANK MAR 1074.10 BEARISH 1188.23 1131.17 1096.58 1039.52 1004.93 INFOSYS MAR 2895.55 BEARISH 3062.32 2978.93 2919.47 2836.08 2776.62 JINDALSTEEL MAR 358.20 BEARISH 382.73 370.47 359.23 346.97 335.73 JSWSTEEL MAR 702.20 BEARISH 765.23 733.72 716.43 684.92 667.63 KOTAKBANK MAR 667.80 BEARISH 701.80 684.80 662.90 645.90 624.00 MARUTI MAR 1401.05 BEARISH 1486.95 1444.00 1405.05 1362.10 1323.15 NIFTY MAR 5897.10 BEARISH 6082.47 5989.78 5897.42 5804.73 5712.37 ONGC MAR 317.60 BEARISH 337.77 327.68 319.17 309.08 300.57 RANBAXY MAR 441.10 BULLISH 468.50 454.80 430.70 417.00 392.90 RELCAPITAL MAR 372.25 BEARISH 398.68 385.47 373.78 360.57 348.88 RELIANCE MAR 846.75 BEARISH 886.85 866.80 852.40 832.35 817.95 SBIN MAR 2267.50 BULLISH 2356.50 2312.00 2239.50 2195.00 2122.50 UNITEDSPIRITS MAR 1966.90 BULLISH 2092.30 2029.60 1962.30 1899.60 1832.30 WIPRO MAR 442.75 BEARISH 457.15 449.95 443.20 436.00 429.25 ZEE ENTER MAR 217.35 BEARISH 234.88 226.12 215.83 207.07 196.78

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.