Saturday, September 7, 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO FROM 09 Sept TO 14 September 2013


WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO               
FROM  09 Sept TO 14 September 2013
                                                                                                              Anurag Gupta
                                                                                          Email id –anuraghsr@yahoo.com
                                                                                           MOBILE  9255191643

SUBSCRIBE FNO SURE SHOT PACKAGE BY SMS IN SPECIAL DISCOUNT SEE DETAILS ON


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC SEPT
971.30
BULLISH
1022.50
996.90
958.30
932.70
894.10
ABIRLANUVO SEPT
1120.95
BEARISH
1218.62
1169.78
1114.97
1066.13
1011.32
AMBUJACEM
172.20
BULLISH
184.93
178.57
168.63
162.27
152.33
ARVIND SEPT
81.90
BULLISH
85.30
83.60
80.90
79.20
76.50
AUROPHARMA SEPT
192.35
BULLISH
206.62
199.48
190.37
183.23
174.12
AXISBANK SEPT
950.80
BULLISH
1082.87
1016.83
892.97
826.93
703.07
BAJAJAUTO SEPT
1920.85
BULLISH
2013.42
1967.13
1895.67
1849.38
1777.92
BANKNIFTY SEPT
9982.90
BULLISH
11010.30
10496.60
9498.95
8985.25
7987.60
BHEL SEPT
139.40
BULLISH
159.40
149.40
132.10
122.10
104.80
CENTURYTEX SEPT
228.05
BULLISH
245.58
236.82
222.83
214.07
200.08
COALINDIA SEPT
279.50
BULLISH
312.10
295.80
272.40
256.10
232.70
DIVISLAB SEPT
989.60
BEARISH
1073.23
1031.42
984.23
942.42
895.23
GAIL SEPT
304.20
BULLISH
318.37
311.28
298.57
291.48
278.77
GRASIM SEPT
2363.80
BULLISH
2706.07
2534.93
2312.82
2141.68
1919.57
HDFC SEPT
767.75
BULLISH
836.42
802.08
744.07
709.73
651.72
HDFCBANK SEPT
621.10
BULLISH
668.73
644.92
603.08
579.27
537.43
ICICIBANK SEPT
956.80
BULLISH
1080.90
1018.85
900.40
838.35
719.90
INFOSYS SEPT
3040.35
BEARISH
3200.02
3120.18
3070.17
2990.33
2940.32
JINDALSTEEL SEPT
233.85
BULLISH
250.68
242.27
229.73
221.32
208.78
JSWSTEEL SEPT
584.70
BULLISH
636.03
610.37
567.43
541.77
498.83
KOTAKBANK SEPT
672.30
BULLISH
738.17
705.23
643.57
610.63
548.97
MARUTI SEPT
1297.10
BULLISH
1370.87
1333.98
1283.02
1246.13
1195.17
NIFTY SEPT
5697.80
BULLISH
5962.63
5830.22
5574.48
5442.07
5186.33
ONGC SEPT
288.90
BULLISH
321.23
305.07
275.53
259.37
229.83
RANBAXY SEPT
448.95
BULLISH
488.55
468.75
438.20
418.40
387.85
RELCAPITAL SEPT
342.70
BULLISH
374.27
358.48
330.12
314.33
285.97
RELIANCE SEPT
874.40
BULLISH
927.17
900.78
866.52
840.13
805.87
SBIN SEPT
1631.70
BULLISH
1773.77
1702.73
1579.22
1508.18
1384.67
UNITEDSPIRITS SEPT
2434.65
BULLISH
2649.58
2542.12
2382.68
2275.22
2115.78
WIPRO SEPT
472.80
BEARISH
518.60
495.70
482.10
459.20
445.60
ZEE ENTER SEPT
224.55
BEARISH
249.22
236.88
226.52
214.18
203.82
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.