Saturday, November 23, 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO FROM 25 NOV TO 28 NOV 2013


WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO               
FROM  25 NOV TO 28 NOV 2013
                                                                                                              Anurag Gupta
                                                                                          Email id –anuraghsr@yahoo.com
                                                                                           MOBILE  9255191643      
                                                                                          www.chartistscafe.blogspot.com


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC NOV
1049.80
BULLISH
1103.53
1076.67
1050.83
1023.97
998.13
ABIRLANUVO NOV
1191.25
BEARISH
1281.08
1236.17
1193.08
1148.17
1105.08
AMBUJACEM
174.70
BEARISH
186.33
180.52
175.68
169.87
165.03
ARVIND NOV
126.20
BULLISH
134.40
130.30
125.90
121.80
117.40
AUROPHARMA NOV
280.05
BEARISH
295.08
287.57
279.88
272.37
264.68
AXISBANK NOV
1086.50
BEARISH
1210.87
1148.68
1099.17
1036.98
987.47
BAJAJAUTO NOV
1891.65
BEARISH
2143.88
2017.77
1951.38
1825.27
1758.88
BANKNIFTY NOV
10713.25
BEARISH
11485.15
11099.20
10879.60
10493.65
10274.05
BHEL NOV
136.45
BULLISH
147.15
141.80
138.40
133.05
129.65
CENTURYTEX NOV
269.75
BEARISH
304.22
286.98
276.67
259.43
249.12
COALINDIA NOV
268.55
BEARISH
283.15
275.85
271.50
264.20
259.85
DIVISLAB NOV
1135.30
BEARISH
1193.00
1164.15
1145.65
1116.80
1098.30
GAIL NOV
328.85
BULLISH
339.55
334.20
327.20
321.85
314.85
GRASIM NOV
2546.80
BEARISH
2754.80
2650.80
2592.95
2488.95
2431.10
HDFC NOV
795.75
BEARISH
849.85
822.80
802.40
775.35
754.95
HDFCBANK NOV
643.40
BEARISH
686.30
664.85
650.55
629.10
614.80
ICICIBANK NOV
1022.90
BEARISH
1122.77
1072.83
1044.07
994.13
965.37
INFOSYS NOV
3360.35
BEARISH
3513.72
3437.03
3382.32
3305.63
3250.92
JINDALSTEEL NOV
248.90
BULLISH
270.70
259.80
250.35
239.45
230.00
JSWSTEEL NOV
877.45
BULLISH
930.35
903.90
886.95
860.50
843.55
KOTAKBANK NOV
719.25
BEARISH
764.55
741.90
726.55
703.90
688.55
MARUTI NOV
1646.05
BULLISH
1744.48
1695.27
1657.78
1608.57
1571.08
NIFTY NOV
6015.25
BEARISH
6336.42
6175.83
6079.42
5918.83
5822.42
ONGC NOV
278.70
BULLISH
290.97
284.83
277.87
271.73
264.77
RANBAXY NOV
420.60
BEARISH
452.60
436.60
425.00
409.00
397.40
RELCAPITAL NOV
351.10
BEARISH
390.03
370.57
359.03
339.57
328.03
RELIANCE NOV
847.25
BEARISH
906.95
877.10
859.35
829.50
811.75
SBIN NOV
1744.45
BULLISH
1878.15
1811.30
1775.65
1708.80
1673.15
UNITEDSPIRITS NOV
2534.95
BULLISH
2635.28
2585.12
2497.58
2447.42
2359.88
WIPRO NOV
479.40
BEARISH
507.53
493.47
485.18
471.12
462.83
ZEE ENTER NOV
254.45
BEARISH
294.68
274.57
263.78
243.67
232.88
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.