Saturday, November 8, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 10 NOV TO 15 NOV 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  10 NOV TO 15 NOV  2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC NOV
1518.50
BULLISH
1556.77
1537.63
1513.87
1494.73
1470.97
ABIRLANUVO NOV
1741.30
BULLISH
1796.23
1768.77
1724.43
1696.97
1652.63
AMBUJACEM
223.55
BEARISH
233.65
228.60
225.45
220.40
217.25
ARVIND NOV
300.15
BULLISH
320.88
310.52
303.43
293.07
285.98
AUROPHARMA NOV
1032.80
BULLISH
1107.97
1070.38
1017.32
979.73
926.67
AXISBANK NOV
471.85
BULLISH
496.75
484.30
461.75
449.30
426.75
BAJAJAUTO NOV
2553.65
BEARISH
2665.08
2609.37
2577.28
2521.57
2489.48
BANKNIFTY NOV
17457.55
BULLISH
17859.85
17658.70
17343.85
17142.70
16827.85
BHEL NOV
246.95
BEARISH
262.08
254.52
250.23
242.67
238.38
CENTURYTEX NOV
591.15
BULLISH
633.45
612.30
582.65
561.50
531.85
COALINDIA NOV
344.85
BEARISH
386.62
365.73
354.12
333.23
321.62
DIVISLAB NOV
1762.65
BEARISH
1952.45
1857.55
1775.05
1680.15
1597.65
GAIL NOV
488.20
BEARISH
551.93
520.07
503.13
471.27
454.33
GRASIM NOV
3606.65
BULLISH
3689.68
3648.17
3577.68
3536.17
3465.68
HDFC NOV
1107.80
BEARISH
1146.00
1126.90
1109.75
1090.65
1073.50
HDFCBANK NOV
906.85
BEARISH
942.42
924.63
913.12
895.33
883.82
ICICIBANK NOV
1694.40
BULLISH
1751.33
1722.87
1671.43
1642.97
1591.53
INFOSYS NOV
4183.75
BULLISH
4291.68
4237.72
4146.68
4092.72
4001.68
JINDALSTEEL NOV
162.35
BULLISH
179.88
171.12
166.23
157.47
152.58
JSWSTEEL NOV
1218.45
BEARISH
1302.62
1260.53
1235.92
1193.83
1169.22
KOTAKBANK NOV
1130.00
BULLISH
1167.70
1148.85
1126.95
1108.10
1086.20
MARUTI NOV
3306.10
BEARISH
3387.70
3346.90
3304.20
3263.40
3220.70
NIFTY NOV
8381.65
BULLISH
8460.42
8421.03
8373.47
8334.08
8286.52
ONGC NOV
410.75
BULLISH
419.05
414.90
408.00
403.85
396.95
RANBAXY NOV
670.80
BULLISH
701.70
686.25
657.60
642.15
613.50
RELCAPITAL NOV
469.95
BEARISH
512.58
491.27
479.18
457.87
445.78
RELIANCE NOV
987.85
BEARISH
1027.15
1007.50
996.25
976.60
965.35
SBIN NOV
2758.85
BULLISH
2856.95
2807.90
2756.95
2707.90
2656.95
WIPRO
556.10
BEARISH
584.17
570.13
560.92
546.88
537.67
ZEE ENTER NOV
374.25
BULLISH
395.02
384.63
365.22
354.83
335.42
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.