Saturday, September 28, 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO FROM 30 Sept TO 04 Oct 2013


WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO               
FROM  30 Sept TO 04 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
1112.25
BEARISH
1176.28
1144.27
1110.63
1078.62
1044.98
ABIRLANUVO OCT
1241.95
BULLISH
1309.32
1275.63
1228.32
1194.63
1147.32
AMBUJACEM
186.60
BEARISH
201.20
193.90
189.20
181.90
177.20
ARVIND OCT
81.25
BEARISH
85.55
83.40
81.45
79.30
77.35
AUROPHARMA OCT
203.15
BULLISH
221.38
212.27
198.78
189.67
176.18
AXISBANK OCT
1038.00
BEARISH
1133.33
1085.67
1044.13
996.47
954.93
BAJAJAUTO OCT
2018.20
BULLISH
2091.97
2055.08
2015.02
1978.13
1938.07
BANKNIFTY OCT
9993.25
BEARISH
10777.62
10385.43
10157.82
9765.63
9538.02
BHEL OCT
141.30
BULLISH
164.97
153.13
139.57
127.73
114.17
CENTURYTEX OCT
252.20
BULLISH
271.27
261.73
249.07
239.53
226.87
COALINDIA OCT
308.70
BULLISH
322.37
315.53
304.87
298.03
287.37
DIVISLAB OCT
996.65
BEARISH
1029.45
1013.05
991.60
975.20
953.75
GAIL OCT
330.55
BEARISH
350.62
340.58
332.97
322.93
315.32
GRASIM OCT
2705.75
BEARISH
2982.28
2844.02
2730.68
2592.42
2479.08
HDFC OCT
792.20
BEARISH
824.97
808.58
787.57
771.18
750.17
HDFCBANK OCT
615.85
BEARISH
669.62
642.73
627.12
600.23
584.62
ICICIBANK OCT
931.60
BEARISH
998.10
964.85
942.65
909.40
887.20
INFOSYS OCT
3025.00
BULLISH
3104.93
3064.97
3033.03
2993.07
2961.13
JINDALSTEEL OCT
238.65
BEARISH
275.48
257.07
245.08
226.67
214.68
JSWSTEEL OCT
739.20
BEARISH
784.73
761.97
739.83
717.07
694.93
KOTAKBANK OCT
689.60
BEARISH
764.13
726.87
706.93
669.67
649.73
MARUTI OCT
1382.65
BEARISH
1493.82
1438.23
1407.42
1351.83
1321.02
NIFTY OCT
5888.15
BEARISH
6096.95
5992.55
5906.75
5802.35
5716.55
ONGC OCT
278.00
BEARISH
297.70
287.85
280.15
270.30
262.60
RANBAXY OCT
338.00
BULLISH
360.87
349.43
337.97
326.53
315.07
RELCAPITAL OCT
332.20
BEARISH
377.17
354.68
341.27
318.78
305.37
RELIANCE OCT
849.90
BEARISH
909.83
879.87
857.48
827.52
805.13
SBIN OCT
1652.10
BEARISH
1775.53
1713.82
1655.53
1593.82
1535.53
UNITEDSPIRITS OCT
2645.40
BULLISH
2852.57
2748.98
2599.97
2496.38
2347.37
WIPRO OCT
480.35
BULLISH
499.65
490.00
482.25
472.60
464.85
ZEE ENTER OCT
240.65
BULLISH
258.62
249.63
234.52
225.53
210.42
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.