Friday, January 9, 2015

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 12 jan TO 17 jan 2015


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  12 jan TO 17 jan 2015
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         

FOR AMIBROKER DATA AND STRATEGY SOLUTION OR FOR TRADING TIPS IN LIVE MARKET CONTACT US 9255191643 ANURAG GUPTA
SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC JAN
1401.85
BEARISH
1512.42
1457.13
1400.12
1344.83
1287.82
ABIRLANUVO JAN
1715.85
BEARISH
1814.08
1764.97
1725.28
1676.17
1636.48
AMBUJACEM
224.95
BEARISH
242.18
233.57
226.38
217.77
210.58
ARVIND JAN
267.90
BEARISH
299.33
283.62
270.68
254.97
242.03
AUROPHARMA JAN
1175.55
BULLISH
1247.18
1211.37
1148.73
1112.92
1050.28
AXISBANK JAN
495.35
BEARISH
539.48
517.42
501.63
479.57
463.78
BAJAJAUTO JAN
2388.40
BEARISH
2547.47
2467.93
2414.47
2334.93
2281.47
BANKNIFTY JAN
18709.30
BEARISH
19740.43
19224.87
18765.43
18249.87
17790.43
BHEL JAN
254.20
BEARISH
288.53
271.37
260.18
243.02
231.83
CENTURYTEX JAN
530.55
BEARISH
570.55
550.55
525.60
505.60
480.65
COALINDIA JAN
373.30
BEARISH
387.93
380.62
375.18
367.87
362.43
DIVISLAB JAN
1711.40
BEARISH
1845.50
1778.45
1709.95
1642.90
1574.40
GAIL JAN
437.30
BEARISH
468.70
453.00
435.30
419.60
401.90
GRASIM JAN
3421.25
BEARISH
3658.08
3539.67
3447.43
3329.02
3236.78
HDFC JAN
1117.75
BEARISH
1211.55
1164.65
1132.30
1085.40
1053.05
HDFCBANK JAN
978.85
BULLISH
1010.45
994.65
969.00
953.20
927.55
ICICIBANK JAN
343.85
BEARISH
381.95
362.90
350.20
331.15
318.45
INFOSYS JAN
2085.45
BULLISH
2242.32
2163.88
2039.57
1961.13
1836.82
JINDALSTEEL JAN
153.40
BEARISH
175.33
164.37
156.83
145.87
138.33
JSWSTEEL JAN
1017.20
BEARISH
1131.07
1074.13
1038.07
981.13
945.07
KOTAKBANK JAN
1360.15
BULLISH
1454.18
1407.17
1324.08
1277.07
1193.98
MARUTI JAN
3481.40
BULLISH
3595.47
3538.43
3466.22
3409.18
3336.97
NIFTY JAN
8315.50
BULLISH
8761.17
8538.33
8269.17
8046.33
7777.17
ONGC JAN
352.35
FLAT
377.32
364.83
347.52
335.03
317.72
RANBAXY JAN
633.90
BULLISH
659.13
646.52
626.38
613.77
593.63
RELCAPITAL JAN
469.20
BEARISH
532.67
500.93
481.67
449.93
430.67
RELIANCE JAN
863.20
BEARISH
928.23
895.72
865.48
832.97
802.73
SBIN JAN
304.75
BEARISH
328.35
316.55
306.95
295.15
285.55
WIPRO
554.00
BEARISH
590.80
572.40
546.20
527.80
501.60
ZEE ENTER JAN
362.20
BEARISH
394.53
378.37
367.98
351.82
341.43
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.