Saturday, August 23, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 25 August TO 28 August 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  25 August TO 28 August 2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC AUG
1523.40
BULLISH
1589.83
1556.62
1516.58
1483.37
1443.33
ABIRLANUVO AUG
1509.75
BULLISH
1599.92
1554.83
1494.92
1449.83
1389.92
AMBUJACEM
211.95
BEARISH
221.85
216.90
213.80
208.85
205.75
ARVIND AUG
256.25
BULLISH
281.02
268.63
249.07
236.68
217.12
AUROPHARMA AUG
811.65
BULLISH
873.58
842.62
804.03
773.07
734.48
AXISBANK AUG
401.90
BULLISH
423.13
412.52
394.28
383.67
365.43
BAJAJAUTO AUG
2266.75
BULLISH
2397.45
2332.10
2217.80
2152.45
2038.15
BANKNIFTY AUG
15828.30
BULLISH
16406.63
16117.47
15588.83
15299.67
14771.03
BHEL AUG
225.45
BULLISH
240.45
232.95
221.25
213.75
202.05
CENTURYTEX AUG
596.05
BULLISH
620.68
608.37
598.18
585.87
575.68
COALINDIA AUG
357.95
BEARISH
379.68
368.82
361.98
351.12
344.28
DIVISLAB AUG
1557.55
BULLISH
1636.82
1597.18
1527.32
1487.68
1417.82
GAIL AUG
426.45
BULLISH
442.25
434.35
425.10
417.20
407.95
GRASIM AUG
3430.45
BULLISH
3591.25
3510.85
3380.60
3300.20
3169.95
HDFC AUG
1048.55
BEARISH
1155.15
1101.85
1073.95
1020.65
992.75
HDFCBANK AUG
847.95
BULLISH
866.78
857.37
840.28
830.87
813.78
ICICIBANK AUG
1541.15
BULLISH
1611.92
1576.53
1529.42
1494.03
1446.92
INFOSYS AUG
3600.75
BEARISH
3658.85
3629.80
3581.95
3552.90
3505.05
JINDALSTEEL AUG
294.50
BULLISH
309.67
302.08
293.52
285.93
277.37
JSWSTEEL AUG
1288.30
BULLISH
1330.53
1309.42
1281.88
1260.77
1233.23
KOTAKBANK AUG
1029.80
BULLISH
1091.17
1060.48
1003.32
972.63
915.47
MARUTI AUG
2752.75
BULLISH
2843.15
2797.95
2725.80
2680.60
2608.45
NIFTY AUG
7927.55
BULLISH
8047.18
7987.37
7879.98
7820.17
7712.78
ONGC AUG
427.95
BULLISH
456.15
442.05
426.40
412.30
396.65
RANBAXY AUG
646.05
BULLISH
684.85
665.45
630.40
611.00
575.95
RELCAPITAL AUG
573.70
BEARISH
591.87
582.78
566.57
557.48
541.27
RELIANCE AUG
1001.55
BEARISH
1039.48
1020.52
1007.08
988.12
974.68
SBIN AUG
2522.50
BULLISH
2665.17
2593.83
2477.47
2406.13
2289.77
UNITEDSPIRITS AUG
2412.40
BULLISH
2568.80
2490.60
2396.80
2318.60
2224.80
WIPRO
558.60
BULLISH
571.03
564.82
553.73
547.52
536.43
ZEE ENTER AUG
289.85
BULLISH
314.62
302.23
287.42
275.03
260.22
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 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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