Sunday, March 1, 2015

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 2 March TO 07 March 2015


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  2 March TO 07 March 2015
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC MAR
1671.75
BULLISH
1740.78
1706.27
1654.73
1620.22
1568.68
ABIRLANUVO MAR
1734.05
BEARISH
1823.88
1778.97
1734.98
1690.07
1646.08
AMBUJACEM
270.90
BULLISH
283.23
277.07
265.73
259.57
248.23
ARVIND MAR
308.95
BEARISH
325.05
317.00
305.65
297.60
286.25
AUROPHARMA MAR
1090.70
BEARISH
1171.50
1131.10
1055.60
1015.20
939.70
AXISBANK MAR
617.85
BULLISH
675.78
646.82
594.48
565.52
513.18
BAJAJAUTO MAR
2173.70
BEARISH
2278.13
2225.92
2176.08
2123.87
2074.03
BANKNIFTY MAR
19853.10
BULLISH
20896.90
20375.00
19427.50
18905.60
17958.10
BHEL MAR
262.80
BULLISH
294.40
278.60
266.55
250.75
238.70
CENTURYTEX MAR
535.35
BULLISH
578.45
556.90
518.45
496.90
458.45
COALINDIA MAR
376.45
BEARISH
397.65
387.05
379.30
368.70
360.95
DIVISLAB MAR
1734.90
BULLISH
1808.60
1771.75
1720.20
1683.35
1631.80
GAIL MAR
413.70
BULLISH
429.67
421.68
408.02
400.03
386.37
GRASIM MAR
3798.35
BEARISH
3983.28
3890.82
3736.38
3643.92
3489.48
HDFC MAR
1347.50
BULLISH
1437.03
1392.27
1345.43
1300.67
1253.83
HDFCBANK MAR
1083.95
BULLISH
1123.72
1103.83
1070.52
1050.63
1017.32
ICICIBANK MAR
348.35
BULLISH
370.92
359.63
338.72
327.43
306.52
INFOSYS MAR
2279.15
BEARISH
2377.15
2328.15
2282.40
2233.40
2187.65
JINDALSTEEL MAR
195.05
BULLISH
222.95
209.00
194.80
180.85
166.65
JSWSTEEL MAR
1017.45
BULLISH
1064.15
1040.80
1010.40
987.05
956.65
KOTAKBANK MAR
1344.90
BULLISH
1399.50
1372.20
1339.10
1311.80
1278.70
MARUTI MAR
3623.60
BEARISH
3720.57
3672.08
3581.47
3532.98
3442.37
NIFTY MAR
8889.95
BEARISH
9109.22
8999.58
8835.37
8725.73
8561.52
ONGC MAR
324.30
BEARISH
345.70
335.00
323.50
312.80
301.30
RANBAXY MAR
690.70
BEARISH
738.90
714.80
690.90
666.80
642.90
RELCAPITAL MAR
464.80
BEARISH
483.47
474.13
457.12
447.78
430.77
RELIANCE MAR
862.30
BEARISH
901.93
882.12
859.38
839.57
816.83
SBIN MAR
301.40
BEARISH
315.50
308.45
298.35
291.30
281.20
WIPRO
659.20
BEARISH
678.07
668.63
657.27
647.83
636.47
ZEE ENTER MAR
350.25
BEARISH
373.42
361.83
350.67
339.08
327.92
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.