Friday, April 5, 2013

WEEKLY SUPPORT AND RESISTANCE FOR 8 APR TO 13 APR











































WEEKLY SUPPORT AND RESISTANCE LEVELS                       
FROM  8 APR TO 13 APR  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 APR
1131.35
BEARISH
1216.98
1174.17
1143.58
1100.77
1070.18
ABIRLANUVO APR
969.75
BEARISH
1037.82
1003.78
982.42
948.38
927.02
AMBUJACEM
165.45
BEARISH
184.78
175.12
169.18
159.52
153.58
ARVIND APR
78.40
BULLISH
85.87
82.13
78.27
74.53
70.67
AUROPHARMA APR
158.35
BULLISH
175.98
167.17
157.43
148.62
138.88
AXISBANK APR
1235.10
BEARISH
1361.07
1298.08
1260.72
1197.73
1160.37
BAJAJAUTO APR
1705.75
BEARISH
1892.58
1799.17
1731.58
1638.17
1570.58
BANKNIFTY APR
11142.40
BEARISH
11851.80
11497.10
11281.55
10926.85
10711.30
BHEL APR
177.85
BULLISH
193.08
185.47
180.73
173.12
168.38
BHUSHAN STEEL APR
457.40
BULLISH
465.43
461.42
455.93
451.92
446.43
CENTURYTEX APR
283.10
BEARISH
319.03
301.07
288.58
270.62
258.13
COALINDIA APR
310.05
BULLISH
323.88
316.97
308.98
302.07
294.08
DIVISLAB APR
1015.50
BULLISH
1094.77
1055.13
1025.07
985.43
955.37
GAIL APR
317.95
BEARISH
330.72
324.33
318.47
312.08
306.22
GRASIM APR
2720.65
BEARISH
2885.95
2803.30
2752.15
2669.50
2618.35
HDFC APR
774.25
BEARISH
865.02
819.63
793.87
748.48
722.72
HDFCBANK APR
622.80
BEARISH
645.20
634.00
624.80
613.60
604.40
ICICIBANK APR
1004.50
BEARISH
1097.50
1051.00
1021.00
974.50
944.50
INFOSYS APR
2876.60
BEARISH
3056.70
2966.65
2915.55
2825.50
2774.40
JINDALSTEEL APR
336.15
BEARISH
376.45
356.30
341.85
321.70
307.25
JSWSTEEL APR
679.55
BULLISH
740.85
710.20
681.35
650.70
621.85
KOTAKBANK APR
637.25
BEARISH
674.05
655.65
643.35
624.95
612.65
MARUTI APR
1401.45
BULLISH
1518.75
1460.10
1360.80
1302.15
1202.85
NIFTY APR
5572.05
BEARISH
5853.28
5712.67
5632.73
5492.12
5412.18
ONGC APR
314.90
BULLISH
326.30
320.60
313.55
307.85
300.80
RANBAXY APR
451.75
BULLISH
468.85
460.30
450.70
442.15
432.55
RELCAPITAL APR
311.65
BEARISH
364.82
338.23
322.62
296.03
280.42
RELIANCE APR
782.00
BULLISH
820.73
801.37
783.13
763.77
745.53
SBIN APR
2066.75
BEARISH
2208.12
2137.43
2095.22
2024.53
1982.32
UNITEDSPIRITS APR
1760.25
BEARISH
2024.28
1892.27
1802.98
1670.97
1581.68
WIPRO APR
454.85
BULLISH
483.25
469.05
449.30
435.10
415.35
ZEE ENTER APR
206.95
BEARISH
223.05
215.00
210.65
202.60
198.25
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.