Saturday, October 25, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 27 OCT TO 31 OCT 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  27 OCT TO 31 OCT  2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC OCT
1482.35
BULLISH
1536.32
1509.33
1458.97
1431.98
1381.62
ABIRLANUVO OCT
1695.50
BULLISH
1748.17
1721.83
1673.27
1646.93
1598.37
AMBUJACEM
217.30
BULLISH
223.43
220.37
215.18
212.12
206.93
ARVIND OCT
297.20
BULLISH
314.70
305.95
291.25
282.50
267.80
AUROPHARMA OCT
967.35
BULLISH
1016.45
991.90
952.45
927.90
888.45
AXISBANK OCT
424.50
BULLISH
439.90
432.20
421.45
413.75
403.00
BAJAJAUTO OCT
2539.65
BULLISH
2650.52
2595.08
2493.57
2438.13
2336.62
BANKNIFTY OCT
16483.65
BULLISH
16877.22
16680.43
16435.22
16238.43
15993.22
BHEL OCT
239.35
BULLISH
255.65
247.50
235.10
226.95
214.55
CENTURYTEX OCT
536.85
BULLISH
554.15
545.50
531.15
522.50
508.15
COALINDIA OCT
350.85
BEARISH
373.95
362.40
355.95
344.40
337.95
DIVISLAB OCT
1816.85
BULLISH
1889.55
1853.20
1787.10
1750.75
1684.65
GAIL OCT
480.00
BULLISH
510.13
495.07
473.53
458.47
436.93
GRASIM OCT
3422.90
BULLISH
3500.97
3461.93
3390.97
3351.93
3280.97
HDFC OCT
1033.00
BULLISH
1053.07
1043.03
1027.02
1016.98
1000.97
HDFCBANK OCT
899.60
BULLISH
924.40
912.00
902.00
889.60
879.60
ICICIBANK OCT
1572.80
BULLISH
1631.50
1602.15
1563.60
1534.25
1495.70
INFOSYS OCT
3810.65
BEARISH
3944.32
3877.48
3804.82
3737.98
3665.32
JINDALSTEEL OCT
165.95
BULLISH
194.58
180.27
154.18
139.87
113.78
JSWSTEEL OCT
1208.25
BULLISH
1271.62
1239.93
1181.32
1149.63
1091.02
KOTAKBANK OCT
1058.55
BULLISH
1106.65
1082.60
1042.40
1018.35
978.15
MARUTI OCT
3172.00
BULLISH
3329.17
3250.58
3119.42
3040.83
2909.67
NIFTY OCT
8023.85
BEARISH
8139.25
8081.55
7981.80
7924.10
7824.35
ONGC OCT
403.95
BULLISH
442.42
423.18
410.67
391.43
378.92
RANBAXY OCT
598.75
BULLISH
616.98
607.87
597.88
588.77
578.78
RELCAPITAL OCT
465.15
BULLISH
483.25
474.20
460.65
451.60
438.05
RELIANCE OCT
955.20
BULLISH
985.47
970.33
942.47
927.33
899.47
SBIN OCT
2587.55
BULLISH
2655.32
2621.43
2588.87
2554.98
2522.42
WIPRO
559.55
BEARISH
601.98
580.77
565.38
544.17
528.78
ZEE ENTER OCT
338.50
BULLISH
361.03
349.77
334.18
322.92
307.33
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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