Saturday, May 3, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 05 MAY TO 10 MAY 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  05 MAY TO 10 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
1293.15
BEARISH
1341.58
1317.37
1299.78
1275.57
1257.98
ABIRLANUVO MAY
1124.10
BEARISH
1175.97
1150.03
1127.07
1101.13
1078.17
AMBUJACEM
202.85
BEARISH
214.55
208.70
203.35
197.50
192.15
ARVIND MAY
186.00
BEARISH
198.73
192.37
186.33
179.97
173.93
AUROPHARMA MAY
603.85
BULLISH
634.82
619.33
590.32
574.83
545.82
AXISBANK MAY
1533.85
BEARISH
1589.88
1561.87
1533.23
1505.22
1476.58
BAJAJAUTO MAY
1922.35
BEARISH
2050.58
1986.47
1950.98
1886.87
1851.38
BANKNIFTY MAY
12934.05
BEARISH
13428.68
13181.37
13001.68
12754.37
12574.68
BHEL MAY
176.85
BEARISH
191.08
183.97
179.23
172.12
167.38
CENTURYTEX MAY
358.25
BEARISH
389.32
373.78
352.27
336.73
315.22
COALINDIA MAY
296.90
BEARISH
307.77
302.33
296.97
291.53
286.17
DIVISLAB MAY
1390.05
BULLISH
1450.58
1420.32
1395.73
1365.47
1340.88
GAIL MAY
373.85
BEARISH
392.62
383.23
374.12
364.73
355.62
GRASIM MAY
2644.15
BEARISH
2804.72
2724.43
2660.72
2580.43
2516.72
HDFC MAY
914.20
BULLISH
940.03
927.12
905.08
892.17
870.13
HDFCBANK MAY
726.45
BEARISH
746.38
736.42
728.98
719.02
711.58
ICICIBANK MAY
1258.50
BEARISH
1320.43
1289.47
1265.98
1235.02
1211.53
INFOSYS MAY
3194.65
BULLISH
3270.88
3232.77
3179.88
3141.77
3088.88
JINDALSTEEL MAY
241.35
BEARISH
295.85
268.60
253.60
226.35
211.35
JSWSTEEL MAY
1099.10
BEARISH
1182.67
1140.88
1099.12
1057.33
1015.57
KOTAKBANK MAY
809.05
BEARISH
846.22
827.63
814.37
795.78
782.52
MARUTI MAY
1894.20
BEARISH
2010.87
1952.53
1922.12
1863.78
1833.37
NIFTY MAY
6726.70
BEARISH
6905.57
6816.13
6754.07
6664.63
6602.57
ONGC MAY
330.80
BULLISH
341.63
336.22
328.53
323.12
315.43
RANBAXY MAY
475.05
BULLISH
501.42
488.23
478.72
465.53
456.02
RELCAPITAL MAY
352.10
BEARISH
396.97
374.53
362.27
339.83
327.57
RELIANCE MAY
930.00
BEARISH
975.83
952.92
940.58
917.67
905.33
SBIN MAY
2053.80
BEARISH
2153.67
2103.73
2073.57
2023.63
1993.47
UNITEDSPIRITS MAY
2789.95
BEARISH
2887.35
2838.65
2807.45
2758.75
2727.55
WIPRO
531.25
BULLISH
549.08
540.17
531.08
522.17
513.08
ZEE ENTER MAY
268.75
BEARISH
280.65
274.70
266.85
260.90
253.05
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.