Saturday, April 26, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 28 APR TO 02 MAY 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  28 APR TO 02 MAY 2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         

TRADE IN BANKNIFTY WITH OUR STRATEGY  GAIN EXPECTED MORE THAN 1000 POINT EVERY MONTH FOR DETAILS  CALL US 9255191643
SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC MAY
1316.45
BEARISH
1407.42
1361.93
1329.47
1283.98
1251.52
ABIRLANUVO MAY
1140.25
BULLISH
1182.58
1161.42
1132.33
1111.17
1082.08
AMBUJACEM
210.80
BEARISH
226.50
218.65
213.65
205.80
200.80
ARVIND MAY
191.40
BEARISH
201.73
196.57
192.38
187.22
183.03
AUROPHARMA MAY
585.65
BULLISH
615.08
600.37
573.88
559.17
532.68
AXISBANK MAY
1541.35
BULLISH
1608.35
1574.85
1524.15
1490.65
1439.95
BAJAJAUTO MAY
2008.70
BEARISH
2063.97
2036.33
2015.87
1988.23
1967.77
BANKNIFTY MAY
13134.35
BULLISH
13583.32
13358.83
13104.42
12879.93
12625.52
BHEL MAY
184.60
BULLISH
196.27
190.43
185.52
179.68
174.77
CENTURYTEX MAY
362.10
BEARISH
385.53
373.82
365.58
353.87
345.63
COALINDIA MAY
302.60
BULLISH
315.97
309.28
300.22
293.53
284.47
DIVISLAB MAY
1385.10
BULLISH
1436.17
1410.63
1371.22
1345.68
1306.27
GAIL MAY
382.05
BULLISH
396.75
389.40
381.45
374.10
366.15
GRASIM MAY
2698.45
BEARISH
2868.78
2783.62
2734.68
2649.52
2600.58
HDFC MAY
900.40
BULLISH
928.23
914.32
888.48
874.57
848.73
HDFCBANK MAY
737.35
BULLISH
766.42
751.88
733.47
718.93
700.52
ICICIBANK MAY
1280.75
BULLISH
1345.68
1313.22
1287.23
1254.77
1228.78
INFOSYS MAY
3160.20
BEARISH
3249.67
3204.93
3177.97
3133.23
3106.27
JINDALSTEEL MAY
277.95
BEARISH
292.92
285.43
278.72
271.23
264.52
JSWSTEEL MAY
1125.35
BULLISH
1203.95
1164.65
1107.40
1068.10
1010.85
KOTAKBANK MAY
815.20
BULLISH
856.77
835.98
817.12
796.33
777.47
MARUTI MAY
1968.60
BULLISH
2052.80
2010.70
1968.90
1926.80
1885.00
NIFTY MAY
6826.30
BEARISH
6943.97
6885.13
6843.17
6784.33
6742.37
ONGC MAY
323.30
BEARISH
336.47
329.88
326.12
319.53
315.77
RANBAXY MAY
474.40
BULLISH
493.53
483.97
474.33
464.77
455.13
RELCAPITAL MAY
371.60
BEARISH
398.20
384.90
376.15
362.85
354.10
RELIANCE MAY
949.35
BEARISH
1008.08
978.72
962.13
932.77
916.18
SBIN MAY
2073.40
BULLISH
2154.43
2113.92
2069.48
2028.97
1984.53
UNITEDSPIRITS MAY
2839.25
BEARISH
2909.95
2874.60
2840.15
2804.80
2770.35
WIPRO
524.25
BEARISH
591.75
558.00
539.65
505.90
487.55
ZEE ENTER MAY
270.20
BULLISH
280.30
275.25
268.15
263.10
256.00
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.