Saturday, June 28, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 23 JUNE TO 28 JUNE 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  23 JUNE TO 28 JUNE 2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC JUNE
1432.35
BEARISH
1511.45
1471.90
1448.45
1408.90
1385.45
ABIRLANUVO JUNE
1378.15
BULLISH
1441.65
1409.90
1373.25
1341.50
1304.85
AMBUJACEM
214.45
BEARISH
226.15
220.30
218.15
212.30
210.15
ARVIND JUNE
234.05
BULLISH
256.22
245.13
228.22
217.13
200.22
AUROPHARMA JUNE
748.75
BULLISH
833.82
791.28
739.77
697.23
645.72
AXISBANK JUNE
1924.10
BULLISH
2000.60
1962.35
1910.65
1872.40
1820.70
BAJAJAUTO JUNE
2272.70
BULLISH
2404.27
2338.48
2251.77
2185.98
2099.27
BANKNIFTY JUNE
15140.90
BULLISH
15578.37
15359.63
15165.27
14946.53
14752.17
BHEL JUNE
246.45
BULLISH
264.05
255.25
246.90
238.10
229.75
CENTURYTEX JUNE
583.25
BULLISH
651.15
617.20
568.05
534.10
484.95
COALINDIA JUNE
384.50
BEARISH
409.97
397.23
390.27
377.53
370.57
DIVISLAB JUNE
1444.30
BULLISH
1535.70
1490.00
1411.00
1365.30
1286.30
GAIL JUNE
460.20
BULLISH
488.93
474.57
454.48
440.12
420.03
GRASIM JUNE
3437.15
BEARISH
3651.02
3544.08
3452.97
3346.03
3254.92
HDFC JUNE
970.45
BEARISH
1028.02
999.23
975.12
946.33
922.22
HDFCBANK JUNE
827.85
BULLISH
847.75
837.80
824.45
814.50
801.15
ICICIBANK JUNE
1398.40
BEARISH
1471.43
1434.92
1412.78
1376.27
1354.13
INFOSYS JUNE
3238.50
BEARISH
3377.43
3307.97
3239.03
3169.57
3100.63
JINDALSTEEL JUNE
323.20
BULLISH
343.27
333.23
325.47
315.43
307.67
JSWSTEEL JUNE
1228.55
BULLISH
1295.38
1261.97
1231.08
1197.67
1166.78
KOTAKBANK JUNE
867.05
BEARISH
957.55
912.30
885.30
840.05
813.05
MARUTI JUNE
2452.85
BULLISH
2575.42
2514.13
2435.67
2374.38
2295.92
NIFTY JUNE
7543.90
BEARISH
7694.03
7618.97
7541.68
7466.62
7389.33
ONGC JUNE
415.05
BEARISH
465.38
440.22
423.68
398.52
381.98
RANBAXY JUNE
500.50
BULLISH
541.90
521.20
491.30
470.60
440.70
RELCAPITAL JUNE
641.15
BULLISH
675.68
658.42
635.43
618.17
595.18
RELIANCE JUNE
1021.75
BEARISH
1090.98
1056.37
1031.38
996.77
971.78
SBIN JUNE
2662.10
BULLISH
2794.47
2728.28
2650.67
2584.48
2506.87
UNITEDSPIRITS JUNE
2373.05
BEARISH
2814.68
2593.87
2478.93
2258.12
2143.18
WIPRO
545.80
BULLISH
562.67
554.23
540.47
532.03
518.27
ZEE ENTER JUNE
289.35
BULLISH
299.98
294.67
288.53
283.22
277.08
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.