WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 04 August TO 09 August 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  04 August TO 09 August 2014                                                                                                          Anurag Gupta                                                                                         Email id –anuraghsr@yahoo.com                                                                                                        MOBILE  9255191643                                                                                                 www.chartistscafe.blogspot.com http://chartiscafe.com

SYMBOL CLOSE TREND RES2 RES1 TREND LEVEL SUPP1 SUPP2 ACC AUG 1381.80 BEARISH 1463.67 1422.73 1393.87 1352.93 1324.07 ABIRLANUVO AUG 1431.10 BULLISH 1550.33 1490.72 1427.38 1367.77 1304.43 AMBUJACEM 204.60 BEARISH 215.67 210.13 206.52 200.98 197.37 ARVIND AUG 223.25 BULLISH 263.02 243.13 225.17 205.28 187.32 AUROPHARMA AUG 710.95 BULLISH 771.42 741.18 699.62 669.38 627.82 AXISBANK AUG 388.95 BEARISH 414.65 401.80 394.45 381.60 374.25 BAJAJAUTO AUG 2063.25 BEARISH 2139.12 2101.18 2077.02 2039.08 2014.92 BANKNIFTY AUG 15210.80 BEARISH 15636.93 15423.87 15291.93 15078.87 14946.93 BHEL AUG 220.90 BEARISH 239.87 230.38 225.22 215.73 210.57 CENTURYTEX AUG 588.80 BEARISH 632.43 610.62 596.68 574.87 560.93 COALINDIA AUG 360.30 BEARISH 385.50 372.90 365.20 352.60 344.90 DIVISLAB AUG 1499.80 BULLISH 1585.93 1542.87 1489.23 1446.17 1392.53 GAIL AUG 419.50 BEARISH 446.80 433.15 425.35 411.70 403.90 GRASIM AUG 3223.20 BEARISH 3379.00 3301.10 3243.05 3165.15 3107.10 HDFC AUG 1042.40 BEARISH 1108.47 1075.43 1056.77 1023.73 1005.07 HDFCBANK AUG 820.50 BEARISH 851.43 835.97 826.53 811.07 801.63 ICICIBANK AUG 1481.35 BULLISH 1543.95 1512.65 1478.40 1447.10 1412.85 INFOSYS AUG 3351.30 BEARISH 3439.73 3395.52 3360.78 3316.57 3281.83 JINDALSTEEL AUG 268.75 BEARISH 296.12 282.43 275.12 261.43 254.12 JSWSTEEL AUG 1176.25 BEARISH 1247.68 1211.97 1182.28 1146.57 1116.88 KOTAKBANK AUG 931.15 BEARISH 998.28 964.72 944.93 911.37 891.58 MARUTI AUG 2581.90 BULLISH 2705.87 2643.88 2565.97 2503.98 2426.07 NIFTY AUG 7622.60 BEARISH 7870.70 7746.65 7678.95 7554.90 7487.20 ONGC AUG 387.55 BEARISH 410.12 398.83 392.57 381.28 375.02 RANBAXY AUG 568.45 BEARISH 608.35 588.40 576.25 556.30 544.15 RELCAPITAL AUG 578.25 BEARISH 610.42 594.33 582.72 566.63 555.02 RELIANCE AUG 983.25 BEARISH 1037.88 1010.57 995.83 968.52 953.78 SBIN AUG 2449.20 BEARISH 2581.40 2515.30 2467.95 2401.85 2354.50 UNITEDSPIRITS AUG 2338.60 BEARISH 2443.83 2391.22 2361.28 2308.67 2278.73 WIPRO 537.80 BEARISH 566.17 551.98 544.37 530.18 522.57 ZEE ENTER AUG 289.55 BEARISH 301.98 295.77 291.03 284.82 280.08

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 SHORT. and 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.