Saturday, January 18, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 20 JAN TO 24 JAN 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  20 JAN TO 24 JAN 2014
                                                                                                              Anurag Gupta
                                                                                              Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         

TRADE IN BANKNIFTY WITH OUR STRATEGY  GAIN MORE THAN 1000 POINT EXPECTED EVERY MONTH FOR DETAILS  CALL US 9255191643
SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC JAN
1031.45
BEARISH
1067.22
1049.33
1033.02
1015.13
998.82
ABIRLANUVO JAN
1094.40
BEARISH
1207.20
1150.80
1120.60
1064.20
1034.00
AMBUJACEM
169.80
BULLISH
175.67
172.73
169.92
166.98
164.17
ARVIND JAN
142.60
BEARISH
160.30
151.45
146.75
137.90
133.20
AUROPHARMA JAN
385.25
BEARISH
414.58
399.92
388.33
373.67
362.08
AXISBANK JAN
1150.20
BEARISH
1219.60
1184.90
1165.00
1130.30
1110.40
BAJAJAUTO JAN
1934.00
BULLISH
1987.73
1960.87
1917.13
1890.27
1846.53
BANKNIFTY JAN
10923.90
BULLISH
11360.30
11142.10
10981.80
10763.60
10603.30
BHEL JAN
167.20
BULLISH
177.40
172.30
164.50
159.40
151.60
CENTURYTEX JAN
301.10
BEARISH
329.10
315.10
306.80
292.80
284.50
COALINDIA JAN
273.20
BEARISH
316.03
294.62
282.18
260.77
248.33
DIVISLAB JAN
1270.45
BULLISH
1330.78
1300.62
1277.83
1247.67
1224.88
GAIL JAN
351.00
BULLISH
363.97
357.48
349.02
342.53
334.07
GRASIM JAN
2624.35
BULLISH
2684.75
2654.55
2607.30
2577.10
2529.85
HDFC JAN
840.50
BULLISH
901.10
870.80
836.10
805.80
771.10
HDFCBANK JAN
667.10
BULLISH
699.17
683.13
670.87
654.83
642.57
ICICIBANK JAN
1038.60
BULLISH
1087.87
1063.23
1049.17
1024.53
1010.47
INFOSYS JAN
3730.20
BULLISH
3856.97
3793.58
3698.62
3635.23
3540.27
JINDALSTEEL JAN
260.35
BEARISH
275.65
268.00
260.10
252.45
244.55
JSWSTEEL JAN
1000.65
BEARISH
1052.58
1026.62
1007.03
981.07
961.48
KOTAKBANK JAN
725.70
BULLISH
757.37
741.53
722.57
706.73
687.77
MARUTI JAN
1779.70
BEARISH
1844.90
1812.30
1788.30
1755.70
1731.70
NIFTY JAN
6261.65
BEARISH
6421.98
6341.82
6271.53
6191.37
6121.08
ONGC JAN
287.95
BULLISH
298.38
293.17
288.58
283.37
278.78
RANBAXY JAN
408.00
BEARISH
490.87
449.43
425.27
383.83
359.67
RELCAPITAL JAN
342.55
BEARISH
361.68
352.12
345.33
335.77
328.98
RELIANCE JAN
884.80
BULLISH
912.40
898.60
883.50
869.70
854.60
SBIN JAN
1624.00
BULLISH
1682.67
1653.33
1632.82
1603.48
1582.97
UNITEDSPIRITS JAN
2672.70
BEARISH
2868.77
2770.73
2710.37
2612.33
2551.97
WIPRO JAN
551.40
BEARISH
586.17
568.78
558.22
540.83
530.27
ZEE ENTER JAN
279.15
BEARISH
305.72
292.43
284.72
271.43
263.72
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 http://www.ways2gain.com/anuraggupta_daily.html. 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.