WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 18 August TO 23 August 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  18 August TO 23 August 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 AUG 1484.95 BULLISH 1520.98 1502.97 1472.98 1454.97 1424.98 ABIRLANUVO AUG 1443.70 BULLISH 1481.90 1462.80 1431.90 1412.80 1381.90 AMBUJACEM 212.10 BULLISH 218.93 215.52 210.08 206.67 201.23 ARVIND AUG 231.20 BULLISH 243.00 237.10 229.30 223.40 215.60 AUROPHARMA AUG 769.40 BULLISH 806.93 788.17 760.83 742.07 714.73 AXISBANK AUG 378.85 BULLISH 391.05 384.95 378.30 372.20 365.55 BAJAJAUTO AUG 2135.05 BULLISH 2190.32 2162.68 2137.37 2109.73 2084.42 BANKNIFTY AUG 15123.35 BULLISH 15400.45 15261.90 15056.45 14917.90 14712.45 BHEL AUG 210.30 BEARISH 233.47 221.88 212.17 200.58 190.87 CENTURYTEX AUG 592.40 BULLISH 614.90 603.65 586.95 575.70 559.00 COALINDIA AUG 358.10 BULLISH 378.33 368.22 357.88 347.77 337.43 DIVISLAB AUG 1466.90 BEARISH 1558.70 1512.80 1484.25 1438.35 1409.80 GAIL AUG 420.20 BULLISH 446.90 433.55 408.60 395.25 370.30 GRASIM AUG 3309.05 BULLISH 3403.65 3356.35 3294.35 3247.05 3185.05 HDFC AUG 1128.70 BULLISH 1221.07 1174.88 1103.47 1057.28 985.87 HDFCBANK AUG 829.25 BULLISH 858.18 843.72 819.88 805.42 781.58 ICICIBANK AUG 1479.90 BULLISH 1518.07 1498.98 1470.32 1451.23 1422.57 INFOSYS AUG 3605.75 BULLISH 3681.32 3643.53 3584.22 3546.43 3487.12 JINDALSTEEL AUG 285.80 BULLISH 299.87 292.83 282.07 275.03 264.27 JSWSTEEL AUG 1274.60 BULLISH 1362.13 1318.37 1235.68 1191.92 1109.23 KOTAKBANK AUG 957.55 BULLISH 990.78 974.17 953.88 937.27 916.98 MARUTI AUG 2666.80 BULLISH 2727.07 2696.93 2663.47 2633.33 2599.87 NIFTY AUG 7803.70 BEARISH 7942.97 7873.33 7742.17 7672.53 7541.37 ONGC AUG 411.00 BULLISH 427.37 419.18 406.12 397.93 384.87 RANBAXY AUG 604.45 BULLISH 635.55 620.00 590.35 574.80 545.15 RELCAPITAL AUG 578.25 BULLISH 610.42 594.33 582.72 566.63 555.02 RELIANCE AUG 1005.15 BULLISH 1025.25 1015.20 997.65 987.60 970.05 SBIN AUG 2372.35 BEARISH 2488.12 2430.23 2394.12 2336.23 2300.12 UNITEDSPIRITS AUG 2375.50 BULLISH 2448.23 2411.87 2348.43 2312.07 2248.63 WIPRO 548.40 BEARISH 559.80 554.10 548.25 542.55 536.70 ZEE ENTER AUG 271.00 BEARISH 283.87 277.43 271.77 265.33 259.67

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.