Saturday, August 30, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 1 sept TO 05 sept August 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  1 sept TO 05 sept August 2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC AUG
1492.45
BEARISH
1581.58
1537.02
1505.33
1460.77
1429.08
ABIRLANUVO AUG
1451.95
BEARISH
1579.68
1515.82
1464.23
1400.37
1348.78
AMBUJACEM
206.20
BEARISH
218.80
212.50
209.00
202.70
199.20
ARVIND AUG
286.30
BULLISH
307.83
297.07
276.53
265.77
245.23
AUROPHARMA AUG
817.20
BULLISH
849.80
833.50
818.65
802.35
787.50
AXISBANK AUG
396.20
BEARISH
414.17
405.18
397.87
388.88
381.57
BAJAJAUTO AUG
2257.55
BEARISH
2340.52
2299.03
2263.42
2221.93
2186.32
BANKNIFTY AUG
15741.00
BEARISH
15855.67
15798.33
15740.17
15682.83
15624.67
BHEL AUG
240.35
BULLISH
251.02
245.68
237.17
231.83
223.32
CENTURYTEX AUG
592.85
BEARISH
608.48
600.67
594.58
586.77
580.68
COALINDIA AUG
355.70
BEARISH
362.23
358.97
356.98
353.72
351.73
DIVISLAB AUG
1563.20
BULLISH
1587.53
1575.37
1562.68
1550.52
1537.83
GAIL AUG
443.65
BULLISH
453.52
448.58
441.47
436.53
429.42
GRASIM AUG
3395.00
BEARISH
3453.60
3424.30
3398.70
3369.40
3343.80
HDFC AUG
1073.10
BULLISH
1090.63
1081.87
1072.23
1063.47
1053.83
HDFCBANK AUG
843.35
BEARISH
851.45
847.40
840.45
836.40
829.45
ICICIBANK AUG
1557.15
BULLISH
1574.85
1566.00
1555.00
1546.15
1535.15
INFOSYS AUG
3598.85
BEARISH
3690.95
3644.90
3603.95
3557.90
3516.95
JINDALSTEEL AUG
232.90
BEARISH
320.87
276.88
253.77
209.78
186.67
JSWSTEEL AUG
1244.35
BEARISH
1316.78
1280.57
1255.78
1219.57
1194.78
KOTAKBANK AUG
1037.80
BULLISH
1101.63
1069.72
1049.38
1017.47
997.13
MARUTI AUG
2787.55
BULLISH
2854.48
2821.02
2785.03
2751.57
2715.58
NIFTY AUG
7952.75
BULLISH
8041.88
7997.32
7934.43
7889.87
7826.98
ONGC AUG
435.05
BULLISH
455.22
445.13
428.92
418.83
402.62
RANBAXY AUG
640.50
BEARISH
670.97
655.73
646.97
631.73
622.97
RELCAPITAL AUG
528.15
BEARISH
601.28
564.72
544.88
508.32
488.48
RELIANCE AUG
997.70
BEARISH
1026.57
1012.13
998.57
984.13
970.57
SBIN AUG
2461.20
BEARISH
2616.00
2538.60
2497.30
2419.90
2378.60
UNITEDSPIRITS AUG
2394.45
BEARISH
2470.22
2432.33
2401.12
2363.23
2332.02
WIPRO
564.55
BULLISH
581.25
572.90
560.30
551.95
539.35
ZEE ENTER AUG
273.70
BEARISH
305.90
289.80
274.80
258.70
243.70
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.

No comments:

Post a Comment