Friday, November 21, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 24 NOV TO 29 NOV 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  24 NOV TO 29 NOV  2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC NOV
1469.50
BEARISH
1552.93
1511.22
1475.78
1434.07
1398.63
ABIRLANUVO NOV
1775.85
BEARISH
1860.35
1818.10
1789.55
1747.30
1718.75
AMBUJACEM
225.85
BEARISH
238.78
232.32
225.23
218.77
211.68
ARVIND NOV
293.10
BULLISH
309.03
301.07
291.03
283.07
273.03
AUROPHARMA NOV
1116.00
BEARISH
1176.13
1146.07
1122.08
1092.02
1068.03
AXISBANK NOV
478.60
BEARISH
495.40
487.00
475.60
467.20
455.80
BAJAJAUTO NOV
2679.35
BULLISH
2734.52
2706.93
2670.97
2643.38
2607.42
BANKNIFTY NOV
18097.40
BULLISH
18553.80
18325.60
17932.80
17704.60
17311.80
BHEL NOV
251.85
BULLISH
265.82
258.83
248.92
241.93
232.02
CENTURYTEX NOV
554.55
BEARISH
617.02
585.78
565.47
534.23
513.92
COALINDIA NOV
347.50
BEARISH
364.77
356.13
350.27
341.63
335.77
DIVISLAB NOV
1736.30
BULLISH
1773.83
1755.07
1731.03
1712.27
1688.23
GAIL NOV
477.45
BEARISH
515.78
496.62
483.83
464.67
451.88
GRASIM NOV
3547.15
BEARISH
3698.52
3622.83
3569.32
3493.63
3440.12
HDFC NOV
1137.00
BULLISH
1164.00
1150.50
1126.50
1113.00
1089.00
HDFCBANK NOV
934.95
BEARISH
962.92
948.93
930.97
916.98
899.02
ICICIBANK NOV
1735.90
BULLISH
1789.17
1762.53
1716.02
1689.38
1642.87
INFOSYS NOV
4160.30
BEARISH
4285.87
4223.08
4177.12
4114.33
4068.37
JINDALSTEEL NOV
143.05
BEARISH
167.68
155.37
148.38
136.07
129.08
JSWSTEEL NOV
1191.30
BEARISH
1310.97
1251.13
1218.07
1158.23
1125.17
KOTAKBANK NOV
1200.65
BULLISH
1406.68
1303.67
1153.68
1050.67
900.68
MARUTI NOV
3349.75
BULLISH
3451.75
3400.75
3355.80
3304.80
3259.85
NIFTY NOV
8492.40
BULLISH
8600.67
8546.53
8458.77
8404.63
8316.87
ONGC NOV
384.80
BEARISH
406.47
395.63
389.57
378.73
372.67
RANBAXY NOV
619.45
BEARISH
690.98
655.22
621.43
585.67
551.88
RELCAPITAL NOV
504.10
BULLISH
551.60
527.85
505.45
481.70
459.30
RELIANCE NOV
999.60
BULLISH
1024.13
1011.87
991.73
979.47
959.33
SBIN NOV
305.30
BULLISH
311.10
308.20
294.20
291.30
277.30
WIPRO
573.95
BULLISH
590.85
582.40
570.30
561.85
549.75
ZEE ENTER NOV
376.45
BEARISH
400.88
388.67
380.73
368.52
360.58
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.