Saturday, November 1, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 3 NOV TO 07 NOV 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  3 NOV TO 07 NOV  2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC NOV
1508.35
BULLISH
1553.15
1530.75
1493.60
1471.20
1434.05
ABIRLANUVO NOV
1691.00
BEARISH
1747.00
1719.00
1679.00
1651.00
1611.00
AMBUJACEM
228.45
BULLISH
237.35
232.90
224.85
220.40
212.35
ARVIND NOV
299.30
BULLISH
318.23
308.77
298.23
288.77
278.23
AUROPHARMA NOV
974.80
BULLISH
1023.33
999.07
968.73
944.47
914.13
AXISBANK NOV
439.85
BULLISH
454.72
447.28
434.22
426.78
413.72
BAJAJAUTO NOV
2617.90
BULLISH
2742.30
2680.10
2577.80
2515.60
2413.30
BANKNIFTY NOV
17146.45
BULLISH
17639.15
17392.80
16940.65
16694.30
16242.15
BHEL NOV
252.45
BULLISH
266.08
259.27
250.88
244.07
235.68
CENTURYTEX NOV
558.95
BULLISH
610.92
584.93
551.52
525.53
492.12
COALINDIA NOV
370.35
BULLISH
387.02
378.68
363.17
354.83
339.32
DIVISLAB NOV
1883.40
BULLISH
1951.73
1917.57
1858.78
1824.62
1765.83
GAIL NOV
531.75
BULLISH
595.45
563.60
521.15
489.30
446.85
GRASIM NOV
3527.25
BULLISH
3673.68
3600.47
3469.53
3396.32
3265.38
HDFC NOV
1108.80
BULLISH
1165.20
1137.00
1086.00
1057.80
1006.80
HDFCBANK NOV
922.60
BULLISH
949.13
935.87
911.83
898.57
874.53
ICICIBANK NOV
1634.70
BULLISH
1688.90
1661.80
1614.70
1587.60
1540.50
INFOSYS NOV
4061.95
BULLISH
4270.25
4166.10
3969.85
3865.70
3669.45
JINDALSTEEL NOV
162.30
BEARISH
174.83
168.57
157.53
151.27
140.23
JSWSTEEL NOV
1265.85
BULLISH
1340.08
1302.97
1241.48
1204.37
1142.88
KOTAKBANK NOV
1124.60
BULLISH
1170.77
1147.68
1104.67
1081.58
1038.57
MARUTI NOV
3357.70
BULLISH
3530.37
3444.03
3287.67
3201.33
3044.97
NIFTY NOV
8352.70
BULLISH
8599.97
8476.33
8234.67
8111.03
7869.37
ONGC NOV
406.65
BULLISH
421.55
414.10
401.95
394.50
382.35
RANBAXY NOV
636.45
BULLISH
675.78
656.12
623.23
603.57
570.68
RELCAPITAL NOV
478.05
BULLISH
507.75
492.90
469.10
454.25
430.45
RELIANCE NOV
1004.85
BULLISH
1059.28
1032.07
980.68
953.47
902.08
SBIN NOV
2715.65
BULLISH
2816.35
2766.00
2675.65
2625.30
2534.95
WIPRO
567.45
BULLISH
583.42
575.43
562.62
554.63
541.82
ZEE ENTER NOV
346.45
BULLISH
365.28
355.87
342.23
332.82
319.18
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.