Friday, December 19, 2014

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 22 DEC TO 27 DEC 2014


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  22 DEC TO 27 DEC  2014
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC DEC
1382.85
BEARISH
1485.28
1434.07
1403.08
1351.87
1320.88
ABIRLANUVO DEC
1688.85
BULLISH
1826.15
1757.50
1655.35
1586.70
1484.55
AMBUJACEM
225.25
BEARISH
238.75
232.00
224.25
217.50
209.75
ARVIND DEC
270.90
BULLISH
300.03
285.47
264.38
249.82
228.73
AUROPHARMA DEC
1107.20
BEARISH
1250.27
1178.73
1096.87
1025.33
943.47
AXISBANK DEC
490.20
BULLISH
516.37
503.28
484.17
471.08
451.97
BAJAJAUTO DEC
2477.55
BEARISH
2603.65
2540.60
2496.80
2433.75
2389.95
BANKNIFTY DEC
18505.95
BULLISH
19235.38
18870.67
18235.33
17870.62
17235.28
BHEL DEC
259.85
BULLISH
280.82
270.33
255.92
245.43
231.02
CENTURYTEX DEC
501.80
BEARISH
558.40
530.10
494.95
466.65
431.50
COALINDIA DEC
376.80
BULLISH
394.50
385.65
373.25
364.40
352.00
DIVISLAB DEC
1706.65
BEARISH
1809.12
1757.88
1691.07
1639.83
1573.02
GAIL DEC
435.25
BULLISH
460.98
448.12
428.03
415.17
395.08
GRASIM DEC
3380.45
BEARISH
3515.55
3448.00
3382.00
3314.45
3248.45
HDFC DEC
1115.85
BULLISH
1171.52
1143.68
1107.12
1079.28
1042.72
HDFCBANK DEC
943.55
BULLISH
970.75
957.15
939.10
925.50
907.45
ICICIBANK DEC
356.05
BULLISH
381.02
368.53
344.82
332.33
308.62
INFOSYS DEC
1998.80
BULLISH
2081.20
2040.00
1971.35
1930.15
1861.50
JINDALSTEEL DEC
137.50
BEARISH
152.07
144.78
135.17
127.88
118.27
JSWSTEEL DEC
1060.75
BEARISH
1185.85
1123.30
1060.95
998.40
936.05
KOTAKBANK DEC
1240.35
BEARISH
1341.72
1291.03
1263.52
1212.83
1185.32
MARUTI DEC
3365.30
BEARISH
3571.77
3468.53
3364.77
3261.53
3157.77
NIFTY DEC
8239.85
BULLISH
8458.72
8349.28
8178.57
8069.13
7898.42
ONGC DEC
350.20
BULLISH
369.93
360.07
345.38
335.52
320.83
RANBAXY DEC
619.50
BEARISH
666.40
642.95
627.55
604.10
588.70
RELCAPITAL DEC
493.35
BEARISH
569.48
531.42
495.93
457.87
422.38
RELIANCE DEC
901.85
BULLISH
937.82
919.83
891.82
873.83
845.82
SBIN DEC
305.25
BEARISH
333.35
319.30
303.95
289.90
274.55
WIPRO
551.40
BULLISH
572.00
561.70
544.20
533.90
516.40
ZEE ENTER DEC
380.55
BULLISH
406.05
393.30
376.70
363.95
347.35
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.