Saturday, August 1, 2015

WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM 03 August TO 08 August 2015


WEEKLY SUPP AND RES LEVELS FOR NSE FNO FROM  03 August TO 08 August 2015
                                                                                                         Anurag Gupta
                                                                                        Email id –anuraghsr@yahoo.com
                                                                                                       MOBILE  9255191643      
                                                                                         


SYMBOL
CLOSE
TREND
RES2
RES1
TREND LEVEL
SUPP1
SUPP2
ACC AUG
1392.75
BEARISH
1444.72
1418.73
1384.02
1358.03
1323.32
ABIRLANUVO AUG
2209.10
BULLISH
2391.73
2300.42
2176.68
2085.37
1961.63
AMBUJACEM
233.75
BEARISH
248.68
241.22
234.28
226.82
219.88
ARVIND AUG
318.85
BULLISH
343.75
331.30
309.20
296.75
274.65
AUROPHARMA AUG
762.30
BULLISH
800.87
781.58
748.22
728.93
695.57
AXISBANK AUG
577.25
BEARISH
600.68
588.97
570.28
558.57
539.88
BAJAJAUTO AUG
2538.50
BULLISH
2623.77
2581.13
2520.57
2477.93
2417.37
BANKNIFTY AUG
18835.80
BULLISH
19375.20
19105.50
18648.30
18378.60
17921.40
BHEL AUG
278.75
BEARISH
296.55
287.65
279.70
270.80
262.85
CENTURYTEX AUG
708.40
BEARISH
762.73
735.57
688.78
661.62
614.83
COALINDIA AUG
440.60
BULLISH
458.53
449.57
433.33
424.37
408.13
DIVISLAB AUG
1954.00
BULLISH
2039.73
1996.87
1946.83
1903.97
1853.93
GAIL AUG
354.50
BEARISH
368.60
361.55
352.25
345.20
335.90
GRASIM AUG
3724.85
BULLISH
3856.05
3790.45
3709.10
3643.50
3562.15
HDFC AUG
1345.80
BULLISH
1391.90
1368.85
1335.65
1312.60
1279.40
HDFCBANK AUG
1119.10
BULLISH
1147.03
1133.07
1113.03
1099.07
1079.03
ICICIBANK AUG
304.55
BULLISH
326.92
315.73
299.57
288.38
272.22
INFOSYS AUG
1083.70
BEARISH
1111.17
1097.43
1076.72
1062.98
1042.27
JINDALSTEEL AUG
79.25
BULLISH
88.68
83.97
77.98
73.27
67.28
JSWSTEEL AUG
836.50
BEARISH
891.27
863.88
831.02
803.63
770.77
KOTAKBANK AUG
699.50
BEARISH
760.23
729.87
708.18
677.82
656.13
MARUTI AUG
4334.70
BULLISH
4481.43
4408.07
4281.53
4208.17
4081.63
NIFTY AUG
8569.65
BEARISH
8742.48
8656.07
8493.53
8407.12
8244.58
ONGC AUG
273.95
BEARISH
293.48
283.72
273.73
263.97
253.98
RANBAXY AUG
857.30
BULLISH
901.20
879.25
839.65
817.70
778.10
RELCAPITAL AUG
392.75
BULLISH
417.28
405.02
385.73
373.47
354.18
RELIANCE AUG
1007.00
BEARISH
1049.40
1028.20
1010.40
989.20
971.40
SBIN AUG
271.40
BULLISH
288.60
280.00
266.10
257.50
243.60
UNIONBANK AUG
177.05
BULLISH
198.58
187.82
169.23
158.47
139.88
WIPRO
572.20
BULLISH
586.23
579.22
566.88
559.87
547.53
ZEE ENTER AUG
572.20
BULLISH
586.23
579.22
566.88
559.87
547.53
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.