Friday, July 4, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 07 July TO 12 July 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  07 July TO 12 July 2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC JULY
1443.55
BULLISH
1549.02
1496.28
1454.12
1401.38
1359.22
ABIRLANUVO JULY
1407.05
BULLISH
1471.52
1439.28
1406.67
1374.43
1341.82
AMBUJACEM
223.00
BULLISH
233.27
228.13
222.37
217.23
211.47
ARVIND JULY
245.20
BULLISH
257.43
251.32
241.28
235.17
225.13
AUROPHARMA JULY
769.55
BULLISH
808.18
788.87
762.08
742.77
715.98
AXISBANK JULY
1952.45
BULLISH
1992.65
1972.55
1948.50
1928.40
1904.35
BAJAJAUTO JULY
2305.45
BULLISH
2392.88
2349.17
2300.58
2256.87
2208.28
BANKNIFTY JULY
15686.35
BULLISH
16056.12
15871.23
15530.12
15345.23
15004.12
BHEL JULY
264.50
BULLISH
277.93
271.22
258.68
251.97
239.43
CENTURYTEX JULY
621.25
BULLISH
656.12
638.68
610.57
593.13
565.02
COALINDIA JULY
395.05
BULLISH
414.28
404.67
393.38
383.77
372.48
DIVISLAB JULY
1527.90
BULLISH
1607.57
1567.73
1502.17
1462.33
1396.77
GAIL JULY
467.05
BULLISH
478.08
472.57
463.88
458.37
449.68
GRASIM JULY
3417.95
BEARISH
3557.92
3487.93
3432.97
3362.98
3308.02
HDFC JULY
1016.25
BULLISH
1051.72
1033.98
1002.07
984.33
952.42
HDFCBANK JULY
866.20
BULLISH
897.17
881.68
852.92
837.43
808.67
ICICIBANK JULY
1473.70
BULLISH
1524.63
1499.17
1452.23
1426.77
1379.83
INFOSYS JULY
3255.55
BULLISH
3316.52
3286.03
3247.02
3216.53
3177.52
JINDALSTEEL JULY
325.70
BULLISH
345.50
335.60
328.80
318.90
312.10
JSWSTEEL JULY
1266.00
BULLISH
1360.57
1313.28
1260.72
1213.43
1160.87
KOTAKBANK JULY
882.60
BULLISH
917.87
900.23
881.37
863.73
844.87
MARUTI JULY
2665.35
BULLISH
2852.78
2759.07
2592.03
2498.32
2331.28
NIFTY JULY
7782.50
BEARISH
7946.00
7864.25
7709.65
7627.90
7473.30
ONGC JULY
425.10
BULLISH
442.70
433.90
423.90
415.10
405.10
RANBAXY JULY
536.35
BULLISH
572.25
554.30
526.95
509.00
481.65
RELCAPITAL JULY
660.45
BULLISH
692.62
676.53
658.87
642.78
625.12
RELIANCE JULY
1039.80
BULLISH
1068.20
1054.00
1030.50
1016.30
992.80
SBIN JULY
2718.80
BULLISH
2823.00
2770.90
2718.95
2666.85
2614.90
UNITEDSPIRITS JULY
2471.75
BULLISH
2647.85
2559.80
2468.95
2380.90
2290.05
WIPRO
544.95
BEARISH
565.88
555.42
544.73
534.27
523.58
ZEE ENTER JULY
299.25
BULLISH
314.65
306.95
297.55
289.85
280.45
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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