Friday, June 20, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 23 JUNE TO 28 JUNE 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  23 JUNE TO 28 JUNE 2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC JUNE
1439.50
BEARISH
1560.80
1500.15
1465.80
1405.15
1370.80
ABIRLANUVO JUNE
1365.30
BEARISH
1442.30
1403.80
1381.40
1342.90
1320.50
AMBUJACEM
218.45
BEARISH
234.42
226.43
221.72
213.73
209.02
ARVIND JUNE
214.25
BULLISH
238.72
226.48
215.07
202.83
191.42
AUROPHARMA JUNE
690.75
BEARISH
732.72
711.73
698.87
677.88
665.02
AXISBANK JUNE
1871.05
BULLISH
1970.18
1920.62
1837.43
1787.87
1704.68
BAJAJAUTO JUNE
2179.00
BULLISH
2262.80
2220.90
2173.20
2131.30
2083.60
BANKNIFTY JUNE
15054.15
BEARISH
15732.72
15393.43
15151.72
14812.43
14570.72
BHEL JUNE
239.50
BULLISH
259.60
249.55
240.95
230.90
222.30
CENTURYTEX JUNE
526.60
BEARISH
579.47
553.03
537.52
511.08
495.57
COALINDIA JUNE
387.30
BEARISH
415.93
401.62
390.58
376.27
365.23
DIVISLAB JUNE
1327.90
BEARISH
1403.77
1365.83
1343.02
1305.08
1282.27
GAIL JUNE
440.75
BULLISH
482.15
461.45
438.30
417.60
394.45
GRASIM JUNE
3510.85
BEARISH
3684.88
3597.87
3546.93
3459.92
3408.98
HDFC JUNE
970.70
BEARISH
1007.67
989.18
967.47
948.98
927.27
HDFCBANK JUNE
826.65
BEARISH
866.92
846.78
834.67
814.53
802.42
ICICIBANK JUNE
1402.75
BEARISH
1482.92
1442.83
1420.82
1380.73
1358.72
INFOSYS JUNE
3320.85
BULLISH
3434.05
3377.45
3283.15
3226.55
3132.25
JINDALSTEEL JUNE
319.00
BEARISH
340.70
329.85
320.45
309.60
300.20
JSWSTEEL JUNE
1225.25
BEARISH
1311.25
1268.25
1244.00
1201.00
1176.75
KOTAKBANK JUNE
934.65
BULLISH
1001.48
968.07
938.53
905.12
875.58
MARUTI JUNE
2368.60
BEARISH
2486.40
2427.50
2388.75
2329.85
2291.10
NIFTY JUNE
7525.35
BEARISH
7731.72
7628.53
7569.77
7466.58
7407.82
ONGC JUNE
419.25
BEARISH
471.92
445.58
427.87
401.53
383.82
RANBAXY JUNE
468.40
BULLISH
496.30
482.35
473.20
459.25
450.10
RELCAPITAL JUNE
619.45
BULLISH
670.32
644.88
612.27
586.83
554.22
RELIANCE JUNE
1040.40
BEARISH
1129.07
1084.73
1060.67
1016.33
992.27
SBIN JUNE
2582.35
BEARISH
2742.45
2662.40
2606.95
2526.90
2471.45
UNITEDSPIRITS JUNE
2582.50
BEARISH
2872.97
2727.73
2578.87
2433.63
2284.77
WIPRO
536.95
BULLISH
552.48
544.72
536.58
528.82
520.68
ZEE ENTER JUNE
283.65
BULLISH
301.68
292.67
277.18
268.17
252.68
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 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.

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