Saturday, December 6, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 08 DEC TO 13 DEC 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  08 DEC TO 13 DEC  2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC DEC
1508.40
BULLISH
1554.97
1531.68
1498.42
1475.13
1441.87
ABIRLANUVO DEC
1781.60
BEARISH
1865.07
1823.33
1792.17
1750.43
1719.27
AMBUJACEM
238.70
BULLISH
247.90
243.30
234.90
230.30
221.90
ARVIND DEC
292.20
BULLISH
320.33
306.27
290.38
276.32
260.43
AUROPHARMA DEC
1129.60
BULLISH
1195.43
1162.52
1131.33
1098.42
1067.23
AXISBANK DEC
501.70
BULLISH
523.33
512.52
497.93
487.12
472.53
BAJAJAUTO DEC
2630.15
BEARISH
2727.95
2679.05
2630.10
2581.20
2532.25
BANKNIFTY DEC
18843.15
BULLISH
19251.05
19047.10
18725.55
18521.60
18200.05
BHEL DEC
271.55
BEARISH
287.78
279.67
274.13
266.02
260.48
CENTURYTEX DEC
549.55
BULLISH
596.55
573.05
550.40
526.90
504.25
COALINDIA DEC
355.75
BULLISH
367.32
361.53
354.22
348.43
341.12
DIVISLAB DEC
1695.75
BEARISH
1781.45
1738.60
1711.30
1668.45
1641.15
GAIL DEC
471.00
BEARISH
503.00
487.00
475.25
459.25
447.50
GRASIM DEC
3511.15
BEARISH
3673.02
3592.08
3529.07
3448.13
3385.12
HDFC DEC
1122.70
BEARISH
1205.37
1164.03
1130.27
1088.93
1055.17
HDFCBANK DEC
949.00
BEARISH
985.87
967.43
953.27
934.83
920.67
ICICIBANK DEC
360.10
BULLISH
376.27
368.18
358.32
350.23
340.37
INFOSYS DEC
2081.15
BEARISH
2233.74
2157.45
2115.22
2038.93
1996.70
JINDALSTEEL DEC
153.40
BULLISH
170.80
162.10
148.30
139.60
125.80
JSWSTEEL DEC
1168.20
BEARISH
1254.40
1211.30
1185.80
1142.70
1117.20
KOTAKBANK DEC
1244.25
BULLISH
1287.78
1266.02
1233.58
1211.82
1179.38
MARUTI DEC
3418.65
BULLISH
3498.92
3458.78
3402.87
3362.73
3306.82
NIFTY DEC
8582.55
BULLISH
8714.12
8648.33
8594.17
8528.38
8474.22
ONGC DEC
364.05
BEARISH
389.12
376.58
367.32
354.78
345.52
RANBAXY DEC
621.90
BULLISH
656.03
638.97
626.08
609.02
596.13
RELCAPITAL DEC
522.90
BEARISH
568.40
545.65
529.50
506.75
490.60
RELIANCE DEC
965.35
BEARISH
1011.95
988.65
975.70
952.40
939.45
SBIN DEC
319.75
BEARISH
335.62
327.68
320.37
312.43
305.12
WIPRO
581.35
BEARISH
611.42
596.38
588.12
573.08
564.82
ZEE ENTER DEC
373.70
BULLISH
392.20
382.95
377.10
367.85
362.00
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.