Saturday, March 14, 2015

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 16 March TO 21 March 2015


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  16 March TO 21 March 2015
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC MAR
1622.60
BEARISH
1704.87
1663.73
1641.37
1600.23
1577.87
ABIRLANUVO MAR
1697.20
BEARISH
1787.00
1742.10
1669.05
1624.15
1551.10
AMBUJACEM
256.85
BEARISH
283.08
269.97
262.63
249.52
242.18
ARVIND MAR
288.30
BEARISH
321.73
305.02
295.53
278.82
269.33
AUROPHARMA MAR
1151.95
BULLISH
1252.62
1202.28
1134.47
1084.13
1016.32
AXISBANK MAR
573.00
BEARISH
631.73
602.37
584.33
554.97
536.93
BAJAJAUTO MAR
2031.80
BEARISH
2211.80
2121.80
2071.00
1981.00
1930.20
BANKNIFTY MAR
18880.95
BEARISH
20074.98
19477.97
19148.98
18551.97
18222.98
BHEL MAR
254.25
BEARISH
271.85
263.05
258.15
249.35
244.45
CENTURYTEX MAR
575.75
BULLISH
646.35
611.05
571.15
535.85
495.95
COALINDIA MAR
366.70
BULLISH
382.57
374.63
366.52
358.58
350.47
DIVISLAB MAR
1780.50
BEARISH
1872.83
1826.67
1789.83
1743.67
1706.83
GAIL MAR
387.40
BEARISH
413.40
400.40
389.35
376.35
365.30
GRASIM MAR
3675.30
BEARISH
3884.93
3780.12
3701.83
3597.02
3518.73
HDFC MAR
1331.05
BEARISH
1445.45
1388.25
1352.00
1294.80
1258.55
HDFCBANK MAR
1049.40
BEARISH
1114.63
1082.02
1062.08
1029.47
1009.53
ICICIBANK MAR
331.70
BEARISH
354.10
342.90
336.70
325.50
319.30
INFOSYS MAR
2222.85
BEARISH
2319.48
2271.17
2220.58
2172.27
2121.68
JINDALSTEEL MAR
186.85
BULLISH
210.25
198.55
190.80
179.10
171.35
JSWSTEEL MAR
944.40
BEARISH
1022.27
983.33
957.42
918.48
892.57
KOTAKBANK MAR
1348.95
BEARISH
1445.98
1397.47
1361.73
1313.22
1277.48
MARUTI MAR
3670.60
BEARISH
3786.33
3728.47
3681.33
3623.47
3576.33
NIFTY MAR
8674.40
BEARISH
9036.30
8855.35
8753.75
8572.80
8471.20
ONGC MAR
311.95
BEARISH
322.92
317.43
312.02
306.53
301.12
RANBAXY MAR
795.80
BEARISH
846.10
820.95
805.55
780.40
765.00
RELCAPITAL MAR
476.50
BEARISH
550.50
513.50
478.00
441.00
405.50
RELIANCE MAR
854.40
BEARISH
913.40
883.90
867.50
838.00
821.60
SBIN MAR
281.80
BEARISH
301.00
291.40
285.95
276.35
270.90
WIPRO
640.70
BEARISH
695.33
668.02
651.68
624.37
608.03
ZEE ENTER MAR
345.90
BULLISH
367.70
356.80
345.90
335.00
324.10
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.