WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO FROM 16 DEC TO 21 DEC 2013

WEEKLY SUPPORT AND RESISTANCE LEVELS FOR NSE FNO                FROM  16 DEC TO 21 DEC 2013                                                                                                               Anurag Gupta                                                                                           Email id –anuraghsr@yahoo.com                                                                                            MOBILE  9255191643                                                                                                 www.chartistscafe.blogspot.com http://chartiscafe.com TRADE IN BANKNIFTY WITH OUR STRATEGY  GAIN MORE THAN 1000 POINT EXPECTED EVERY MONTH FOR DETAILS  CALL US 9255191643

SYMBOL CLOSE TREND RES2 RES1 TREND LEVEL SUPP1 SUPP2 ACC DEC 1097.50 BEARISH 1223.57 1160.53 1127.02 1063.98 1030.47 ABIRLANUVO DEC 1193.55 BEARISH 1324.55 1259.05 1216.30 1150.80 1108.05 AMBUJACEM 179.80 BEARISH 202.87 191.33 185.32 173.78 167.77 ARVIND DEC 120.55 BEARISH 135.95 128.25 124.15 116.45 112.35 AUROPHARMA DEC 311.70 BULLISH 322.83 317.27 307.38 301.82 291.93 AXISBANK DEC 1244.30 BEARISH 1395.57 1319.93 1272.37 1196.73 1149.17 BAJAJAUTO DEC 1915.40 BEARISH 2067.87 1991.63 1948.27 1872.03 1828.67 BANKNIFTY DEC 11429.10 BEARISH 12666.37 12047.73 11731.17 11112.53 10795.97 BHEL DEC 154.45 BEARISH 183.45 168.95 161.40 146.90 139.35 CENTURYTEX DEC 256.00 BEARISH 294.87 275.43 265.27 245.83 235.67 COALINDIA DEC 284.40 BEARISH 306.03 295.22 286.18 275.37 266.33 DIVISLAB DEC 1115.60 BEARISH 1190.20 1152.90 1129.45 1092.15 1068.70 GAIL DEC 339.45 BEARISH 366.15 352.80 345.00 331.65 323.85 GRASIM DEC 2678.60 BEARISH 2913.17 2795.88 2732.42 2615.13 2551.67 HDFC DEC 811.90 BEARISH 865.00 838.45 823.40 796.85 781.80 HDFCBANK DEC 692.35 BULLISH 733.12 712.73 700.87 680.48 668.62 ICICIBANK DEC 1092.20 BEARISH 1254.93 1173.57 1130.03 1048.67 1005.13 INFOSYS DEC 3386.40 BULLISH 3450.87 3418.63 3382.77 3350.53 3314.67 JINDALSTEEL DEC 261.10 BEARISH 304.53 282.82 269.63 247.92 234.73 JSWSTEEL DEC 926.65 BEARISH 974.02 950.33 936.32 912.63 898.62 KOTAKBANK DEC 762.90 BEARISH 806.90 784.90 770.50 748.50 734.10 MARUTI DEC 1701.00 BEARISH 1821.00 1761.00 1727.00 1667.00 1633.00 NIFTY DEC 6197.75 BEARISH 6579.55 6388.65 6289.10 6098.20 5998.65 ONGC DEC 282.00 BEARISH 313.63 297.82 288.93 273.12 264.23 RANBAXY DEC 426.35 BEARISH 456.25 441.30 431.90 416.95 407.55 RELCAPITAL DEC 361.85 BEARISH 426.95 394.40 377.45 344.90 327.95 RELIANCE DEC 868.65 BEARISH 907.68 888.17 875.48 855.97 843.28 SBIN DEC 1754.95 BEARISH 1995.05 1875.00 1813.25 1693.20 1631.45 UNITEDSPIRITS DEC 2540.75 BEARISH 2679.12 2609.93 2552.57 2483.38 2426.02 WIPRO DEC 520.70 BULLISH 543.83 532.27 512.53 500.97 481.23 ZEE ENTER DEC 280.65 BULLISH 290.22 285.43 279.72 274.93 269.22

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.