Saturday, July 26, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 28 July TO 31 July 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  28 July TO 31 July 2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC JULY
1425.00
BEARISH
1522.13
1473.57
1445.43
1396.87
1368.73
ABIRLANUVO JULY
1399.35
BEARISH
1485.02
1442.18
1411.17
1368.33
1337.32
AMBUJACEM
210.55
BEARISH
229.02
219.78
214.52
205.28
200.02
ARVIND JULY
217.40
BEARISH
244.80
231.10
223.20
209.50
201.60
AUROPHARMA JULY
692.60
BEARISH
782.93
737.77
698.28
653.12
613.63
AXISBANK JULY
1988.10
BEARISH
2076.97
2032.53
2003.27
1958.83
1929.57
BAJAJAUTO JULY
2104.80
BULLISH
2159.70
2132.25
2100.55
2073.10
2041.40
BANKNIFTY JULY
15352.15
BEARISH
15802.05
15577.10
15435.05
15210.10
15068.05
BHEL JULY
226.30
BEARISH
248.33
237.32
229.68
218.67
211.03
CENTURYTEX JULY
601.75
BULLISH
683.35
642.55
612.20
571.40
541.05
COALINDIA JULY
376.80
BULLISH
402.93
389.87
380.93
367.87
358.93
DIVISLAB JULY
1478.60
BEARISH
1522.77
1500.68
1476.92
1454.83
1431.07
GAIL JULY
428.75
BEARISH
458.75
443.75
432.50
417.50
406.25
GRASIM JULY
3295.05
BEARISH
3486.15
3390.60
3338.30
3242.75
3190.45
HDFC JULY
1066.90
BULLISH
1135.77
1101.33
1043.37
1008.93
950.97
HDFCBANK JULY
838.05
BULLISH
864.42
851.23
839.22
826.03
814.02
ICICIBANK JULY
1478.60
BEARISH
1533.33
1505.97
1487.13
1459.77
1440.93
INFOSYS JULY
3354.35
BULLISH
3509.12
3431.73
3313.37
3235.98
3117.62
JINDALSTEEL JULY
283.95
BEARISH
311.92
297.93
288.27
274.28
264.62
JSWSTEEL JULY
1178.40
BEARISH
1271.27
1224.83
1191.57
1145.13
1111.87
KOTAKBANK JULY
944.55
BULLISH
980.12
962.33
946.22
928.43
912.32
MARUTI JULY
2510.65
BEARISH
2625.98
2568.32
2524.68
2467.02
2423.38
NIFTY JULY
7785.70
BEARISH
7930.33
7858.02
7766.68
7694.37
7603.03
ONGC JULY
401.30
BEARISH
419.50
410.40
404.80
395.70
390.10
RANBAXY JULY
584.30
BULLISH
607.03
595.67
575.33
563.97
543.63
RELCAPITAL JULY
589.50
BEARISH
638.57
614.03
598.82
574.28
559.07
RELIANCE JULY
1021.05
BULLISH
1074.85
1047.95
1022.10
995.20
969.35
SBIN JULY
2504.60
BEARISH
2628.57
2566.58
2527.42
2465.43
2426.27
UNITEDSPIRITS JULY
2403.90
BULLISH
2467.63
2435.77
2396.13
2364.27
2324.63
WIPRO
551.25
BULLISH
603.48
577.37
553.88
527.77
504.28
ZEE ENTER JULY
289.60
BEARISH
312.47
301.03
293.32
281.88
274.17
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.