WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 26 MAY TO 30 MAY 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  26 MAY TO 30 MAY 2014                                                                                                          Anurag Gupta                                                                                         Email id –anuraghsr@yahoo.com                                                                                                        MOBILE  9255191643                                                                                                 www.chartistscafe.blogspot.com http://chartiscafe.com

SYMBOL CLOSE TREND RES2 RES1 TREND LEVEL SUPP1 SUPP2 ACC MAY 1386.30 BEARISH 1498.10 1442.20 1404.45 1348.55 1310.80 ABIRLANUVO MAY 1392.65 BULLISH 1548.12 1470.38 1325.22 1247.48 1102.32 AMBUJACEM 214.55 BEARISH 235.68 225.12 218.33 207.77 200.98 ARVIND MAY 201.55 BULLISH 223.45 212.50 193.90 182.95 164.35 AUROPHARMA MAY 615.15 BEARISH 658.38 636.77 614.38 592.77 570.38 AXISBANK MAY 1875.50 BULLISH 1968.60 1922.05 1852.95 1806.40 1737.30 BAJAJAUTO MAY 1986.40 BULLISH 2164.20 2075.30 1961.10 1872.20 1758.00 BANKNIFTY MAY 15348.70 BULLISH 15753.83 15551.27 15241.43 15038.87 14729.03 BHEL MAY 273.90 BULLISH 324.33 299.12 263.43 238.22 202.53 CENTURYTEX MAY 513.55 BULLISH 572.85 543.20 489.15 459.50 405.45 COALINDIA MAY 399.70 BULLISH 437.87 418.78 384.22 365.13 330.57 DIVISLAB MAY 1297.55 BEARISH 1370.68 1334.12 1282.03 1245.47 1193.38 GAIL MAY 427.50 BULLISH 453.33 440.42 425.83 412.92 398.33 GRASIM MAY 3012.85 BEARISH 3371.95 3192.40 3058.20 2878.65 2744.45 HDFC MAY 932.85 BULLISH 973.95 953.40 928.90 908.35 883.85 HDFCBANK MAY 794.55 BEARISH 864.65 829.60 808.45 773.40 752.25 ICICIBANK MAY 1468.75 BEARISH 1535.75 1502.25 1464.95 1431.45 1394.15 INFOSYS MAY 3029.10 BEARISH 3242.20 3135.65 3056.35 2949.80 2870.50 JINDALSTEEL MAY 302.25 BULLISH 336.28 319.27 293.63 276.62 250.98 JSWSTEEL MAY 1270.35 BULLISH 1336.05 1303.20 1245.90 1213.05 1155.75 KOTAKBANK MAY 882.50 BEARISH 955.37 918.93 898.22 861.78 841.07 MARUTI MAY 2395.90 BULLISH 2567.30 2481.60 2326.85 2241.15 2086.40 NIFTY MAY 7382.10 BULLISH 7509.70 7445.90 7331.20 7267.40 7152.70 ONGC MAY 408.80 BULLISH 437.47 423.13 406.67 392.33 375.87 RANBAXY MAY 440.75 BEARISH 469.52 455.13 442.37 427.98 415.22 RELCAPITAL MAY 558.30 BULLISH 633.10 595.70 525.90 488.50 418.70 RELIANCE MAY 1130.05 BULLISH 1168.62 1149.33 1114.72 1095.43 1060.82 SBIN MAY 2753.00 BULLISH 2975.53 2864.27 2662.13 2550.87 2348.73 UNITEDSPIRITS MAY 2796.30 BULLISH 2963.43 2879.87 2735.93 2652.37 2508.43 WIPRO 490.10 BEARISH 521.63 505.87 491.63 475.87 461.63 ZEE ENTER MAY 275.15 BULLISH 314.08 294.62 283.83 264.37 253.58

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 www.chartistscafe.blogspot.com 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.