Saturday, August 29, 2015

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 31 August TO 04 September 2015


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  31 August TO 04 September 2015
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC SEPT
1361.15
BEARISH
1429.72
1395.43
1353.72
1319.43
1277.72
ABIRLANUVO SEPT
2078.75
BEARISH
2325.08
2201.92
2049.78
1926.62
1774.48
AMBUJACEM
207.20
BEARISH
234.07
220.63
209.32
195.88
184.57
ARVIND SEPT
273.30
BEARISH
304.73
289.02
262.68
246.97
220.63
AUROPHARMA SEPT
757.45
BEARISH
880.42
818.93
731.97
670.48
583.52
AXISBANK SEPT
511.05
BEARISH
559.85
535.45
506.25
481.85
452.65
BAJAJAUTO SEPT
2277.55
BEARISH
2471.98
2374.77
2252.43
2155.22
2032.88
BANKNIFTY SEPT
17273.05
BEARISH
18210.48
17741.77
17192.18
16723.47
16173.88
BHEL SEPT
232.60
BEARISH
266.10
249.35
232.05
215.30
198.00
CENTURYTEX SEPT
558.70
BEARISH
696.17
627.43
567.77
499.03
439.37
COALINDIA SEPT
357.65
BULLISH
388.42
373.03
352.62
337.23
316.82
DIVISLAB SEPT
2257.85
BEARISH
2614.42
2436.13
2248.72
2070.43
1883.02
GAIL SEPT
289.95
BEARISH
334.35
312.15
284.60
262.40
234.85
GRASIM SEPT
3450.40
BEARISH
3718.77
3584.58
3444.82
3310.63
3170.87
HDFC SEPT
1206.15
BEARISH
1299.92
1253.03
1174.32
1127.43
1048.72
HDFCBANK SEPT
1031.20
BEARISH
1070.73
1050.97
1027.83
1008.07
984.93
ICICIBANK SEPT
284.60
BEARISH
304.70
294.65
280.75
270.70
256.80
INFOSYS SEPT
1116.20
BEARISH
1180.80
1148.50
1097.75
1065.45
1014.70
JINDALSTEEL SEPT
67.90
BEARISH
81.33
74.62
67.68
60.97
54.03
JSWSTEEL SEPT
929.05
BEARISH
1030.85
979.95
904.10
853.20
777.35
KOTAKBANK SEPT
647.90
BEARISH
700.90
674.40
648.20
621.70
595.50
MARUTI SEPT
4231.25
BEARISH
4606.98
4419.12
4229.23
4041.37
3851.48
NIFTY SEPT
8022.70
BEARISH
8397.57
8210.13
7937.57
7750.13
7477.57
ONGC SEPT
243.95
BEARISH
265.35
254.65
239.00
228.30
212.65
RELIANCE INFRA SEPT
322.25
BEARISH
395.98
359.12
316.63
279.77
237.28
RELCAPITAL SEPT
300.05
BEARISH
362.78
331.42
290.93
259.57
219.08
RELIANCE SEPT
876.00
BEARISH
931.33
903.67
861.33
833.67
791.33
SBIN SEPT
250.35
BEARISH
267.78
259.07
249.28
240.57
230.78
UNIONBANK SEPT
176.00
BEARISH
204.97
190.48
177.52
163.03
150.07
WIPRO
565.15
BEARISH
602.02
583.58
556.37
537.93
510.72
ZEE ENTER SEPT
389.40
BULLISH
423.77
406.58
376.72
359.53
329.67
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.