WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FROM 14 Oct TO 19 Oct 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO                FROM  14 Oct TO 19 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 1134.90 BULLISH -5489.77 -2177.43 4469.28 7781.62 14428.33 ABIRLANUVO OCT 1263.00 BULLISH 1318.10 1290.55 1274.05 1246.50 1230.00 AMBUJACEM 195.65 BULLISH 205.68 200.67 194.33 189.32 182.98 ARVIND OCT 96.15 BULLISH 105.85 101.00 95.25 90.40 84.65 AUROPHARMA OCT 210.05 BULLISH 222.82 216.43 210.22 203.83 197.62 AXISBANK OCT 1107.20 BULLISH 1166.90 1137.05 1094.15 1064.30 1021.40 BAJAJAUTO OCT 2159.35 BULLISH 2244.18 2201.77 2155.38 2112.97 2066.58 BANKNIFTY OCT 10675.35 BULLISH 11216.15 10945.75 10438.15 10167.75 9660.15 BHEL OCT 146.00 BULLISH 152.57 149.28 145.17 141.88 137.77 CENTURYTEX OCT 268.10 BULLISH 282.77 275.43 267.47 260.13 252.17 COALINDIA OCT 284.85 BEARISH 317.45 301.15 292.10 275.80 266.75 DIVISLAB OCT 1043.40 BULLISH 1091.83 1067.62 1049.78 1025.57 1007.73 GAIL OCT 338.65 BULLISH 347.55 343.10 336.55 332.10 325.55 GRASIM OCT 2759.80 BULLISH 2889.77 2824.78 2745.02 2680.03 2600.27 HDFC OCT 817.05 BULLISH 849.08 833.07 807.68 791.67 766.28 HDFCBANK OCT 665.25 BULLISH 697.72 681.48 651.57 635.33 605.42 ICICIBANK OCT 998.65 BULLISH 1070.95 1034.80 966.40 930.25 861.85 INFOSYS OCT 3273.10 BULLISH 3546.63 3409.87 3213.23 3076.47 2879.83 JINDALSTEEL OCT 255.75 BULLISH 272.75 264.25 250.30 241.80 227.85 JSWSTEEL OCT 785.15 BULLISH 830.18 807.67 787.33 764.82 744.48 KOTAKBANK OCT 710.50 BULLISH 752.97 731.73 705.62 684.38 658.27 MARUTI OCT 1473.85 BULLISH 1534.48 1504.17 1449.08 1418.77 1363.68 NIFTY OCT 6130.50 BEARISH 6330.03 6230.27 6043.38 5943.62 5756.73 ONGC OCT 277.85 BEARISH 290.62 284.23 273.62 267.23 256.62 RANBAXY OCT 401.55 BULLISH 469.32 435.43 399.47 365.58 329.62 RELCAPITAL OCT 354.20 BULLISH 381.73 367.97 346.83 333.07 311.93 RELIANCE OCT 870.00 BULLISH 894.97 882.48 862.52 850.03 830.07 SBIN OCT 1663.10 BULLISH 1745.97 1704.53 1644.52 1603.08 1543.07 UNITEDSPIRITS OCT 2584.00 BEARISH 2736.87 2660.43 2544.47 2468.03 2352.07 WIPRO OCT 492.35 BULLISH 514.35 503.35 491.80 480.80 469.25 ZEE ENTER OCT 245.10 BULLISH 261.63 253.37 247.68 239.42 233.73

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.