Equity outlook 13 feb to 17 feb

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EQUITY TECHNICAL REPORT WEEKLY [13 FEB to 17 FEB 2017]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 13 FEB TO 17 FEB 17

NIFTY 50 8793.55 (52.60) (0.60%) The benchmark Index Nifty started for the week with a gap up opening on Monday; however, it traded in a narrow range and closed at its four months high of 8807; the index made a high of 8814 and closed at 8801. On Tuesday, The benchmark Index Nifty after four days of continuous positive move has closed today in negative territory; the index was down by 0.37% and closed at 8768. On Wednesday, Indian benchmark index Nifty has closed Flat after a volatile day after the announcement of the Monetary Policy Committee-steered the Reserve Bank of India kept interest rates on hold contrary to consensus for a second straight meeting and its stance to neutral from accommodative. On Thursday, Indian benchmark index Nifty opened gap up at 8795. The Nifty index added 9 points to finish at 8778. On Friday, The benchmark Index Nifty traded in a range of 50 points throughout the day. Nifty opened at 8812, 40 points above its previous day closing, made a high of 8822 and a low of 8771. The benchmark Index Nifty50 (spot) opened the week at 8785.45, made a high of 8822.1 low of 8715. and closed the week at 8793.55. Thus the Nifty closed the week with a gained of 52.60 points or 0.60%.

Formations 

The 20 days EMA are placed at 8609.77



The 5 days EMA are placed at 8770.08

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Future Outlook: The Nifty daily chart is continuing a bullish trend. we advised to Nifty future buy above 8850 targets will be 89259000. The nifty future selling pressure below 8700. Nifty upside weekly Resistance is 8850-8900 level. On the downside strong support at 8750-8675 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 13 FEB TO 17 FEB 17

Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)

Resistance2

BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS

2866.20 23866.80 24519.48 3375.13 1339.82 6285.02 349.18 543.78

ACC AMBUJACEM GRASIM ULTRACEMCO

1577.05 253.38 1075.10 3875.13

LT

1533.88

ASIANPAINT HINDUNILVR ITC

1023.55 872.37 299.62

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

749.85 505.22 179.18 206.72 208.83 1055.25 84.17

8839 8777 AUTOMOBILE 2833.50 2792.30 23273.60 22686.80 24266.27 23846.78 3321.87 3265.93 1308.73 1276.77 6198.63 6147.52 333.47 324.23 526.67 514.33 CEMENT & CEMENT PRODUCTS 1532.00 1467.00 245.47 236.98 1043.10 992.45 3818.52 3747.33 CONSTRUCTION 1517.92 1495.03 CONSUMER GOODS 1008.30 994.65 861.63 852.57 286.48 279.02 ENERGY 732.70 715.85 494.28 483.42 174.77 171.08 200.18 196.32 204.37 201.33 1042.70 1032.35 82.88 81.72

508.67 197.75 1332.83 1435.92 298.40 1357.00 800.03 288.62 1450.25

FINANCIAL SERVICES 498.78 490.32 192.90 186.85 1318.22 1305.38 1412.23 1397.52 290.00 284.30 1339.75 1318.25 789.47 775.73 282.48 276.67 1431.55 1404.55

AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com

8884

Resistance1

Pivot

Support 1

Support 2

8732

8670

2759.60 22093.60 23593.57 3212.67 1245.68 6061.13 308.52 497.22

2718.40 21506.80 23174.08 3156.73 1213.72 6010.02 299.28 484.88

1421.95 229.07 960.45 3690.72

1356.95 220.58 909.80 3619.53

1479.07

1456.18

979.40 841.83 265.88

965.75 832.77 258.42

698.70 472.48 166.67 189.78 196.87 1019.80 80.43

681.85 461.62 162.98 185.92 193.83 1009.45 79.27

480.43 182.00 1290.77 1373.83 275.90 1301.00 765.17 270.53 1385.85

471.97 175.95 1277.93 1359.12 270.20 1279.50 751.43 264.72 1358.85

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 13 FEB TO 17 FEB 17

BHEL

171.93

HCLTECH INFY TCS TECHM WIPRO

856.77 999.73 2426.68 525.43 483.02

ZEEL

542.95

INDUSTRIAL MANUFACTURING 164.97 152.63

145.67

133.33

808.13 940.57 2299.27 477.97 458.43

787.87 912.83 2200.58 456.03 447.62

499.60

481.15

321.35 186.12 470.03

313.70 176.73 454.67

302.90 171.42 441.13

307.98

302.27

293.28

688.05 592.67 3041.02 1500.22 663.20

661.45 564.08 2905.03 1426.83 636.85

643.60 548.22 2834.02 1387.62 618.65

354.95 313.32 109.60

349.50 302.88 107.40

341.45 288.72 104.35

IT 842.58 984.02 2412.32 512.67 476.13

822.32 956.28 2313.63 490.73 465.32

MEDIA & ENTERTAINMENT 530.50 512.05 METALS

COALINDIA HINDALCO TATASTEEL

339.80 200.82 498.93

332.15 191.43 483.57 SERVICES

ADANIPORTS

322.68

316.97

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

732.50 637.12 3248.02 1612.82 707.75

705.90 608.53 3112.03 1539.43 681.40

BHARTIARTL INFRATEL IDEA

368.45 337.92 114.85

363.00 327.48 112.65

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close BHEL 142.70 TCS 2232.55 GRASIM 944.30 INFRATEL 299.85 ZEEL 495.85

Current Price 158.00 2397.95 1011.10 317.05 518.05

% Change 10.72% 7.41% 7.07% 5.74% 4.48%

In Points 15.30 165.40 66.80 17.20 22.20

Weekly Top losers stocks Script Symbol Previous Close DRREDDY 3144.55 HINDALCO 191.75 CIPLA 607.90 ONGC 200.95 TATAMOTORS 522.60

Current Price 2976.05 182.05 579.95 193.65 509.55

% Change -5.36% -5.06% -4.60% -3.63% -2.50%

In Points -168.5 -9.70 -27.95 -7.30 -13.05

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 13 FEB TO 17 FEB 17 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

10/FEB/2017

4927.71

4423.20

504.51

09/FEB/2017

4782.57

4425.94

356.63

08/FEB/2017

4524.65

4652.34

-127.69

07/FEB/2017

4363.17

4162.04

201.13

06/FEB/2017

4079.23

4482.75

-403.52

DATE

Buy Value

Sell Value

Net Value

10/FEB/2017

2493.61

2718.37

-224.76

09/FEB/2017

1898.95

2278.58

-379.63

08/FEB/2017

1952.93

2119.75

-166.82

07/FEB/2017

8952.68

7332.65

1620.03

06/FEB/2017

2774.48

2324.96

449.52

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

23/FEB/2017

CE

8800

199287

4978275

23/FEB/2017

CE

8900

176424

4239825

23/FEB/2017

CE

9000

157752

6873600

23/FEB/2017

PE

8800

183301

3896550

23/FEB/2017

PE

8700

157892

4715775

23/FEB/2017

PE

8600

109336

4311450

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

16/FEB/2017

CE

20500

99880

452960

16/FEB/2017

CE

20400

72778

214120

16/FEB/2017

CE

20300

64901

25696

16/FEB/2017

PE

20000

84997

255000

16/FEB/2017

PE

20200

62999

165080

16/FEB/2017

PE

20100

56816

133280

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 13 FEB TO 17 FEB 17 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

11 FEB 17

MOTHERSUMI

BUY ON DEEP

350-352

365-380

OPEN

4 FEB 17

LICHSGFIN

BUY ON DEEP

550-555

577-605

OPEN

28 JAN 17

LUPIN

BUY ON DEEP

1490-1500

1560-1620

21 JAN 17

AMBUJACEM

BUY ON DEEP

216-218

226-236

7 JAN 17

MOTHERSUMI

BUY ON DEEP

332-330

345-360

31 DEC 16

VEDL

BUY AROUND

216

225-235

24 DEC 16

SUNPHARMA

BUY ABOVE

625

650-675

17 DEC 16

HDFCBANK

BUY ABOVE

1200

1250-1300

10 DEC 16

HINDALCO

BUY ON DEEP

182-180

189-200

3 DEC 16

ONGC

BUY ON DEEP

288-290

300-315

26 NOV 16

VEDL

BUY ON DEEP

223-220

232-242

19 NOV 16

BANKBARODA

BUY AROUND

177

184-192

EXIT AT 170

12 NOV 16

CANBK

BUY ON DEEP

310-311

323-337

1ST TARGET ACHIEVED

5 NOV 16

INFY

BUY ABOVE

980

1020-1060

EXIT AT 940

1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED EXIT AT 172 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED

* FII & DII trading activity on NSE, BSE, and MCX’SX in Capital Market Segment (in Rs. Crores) DISCLAIMER Stock trading involves high risk and one can lose Substantial amount of money. The recommendations made herein do not constitute an offer to sell or solicitation to buy any of the Securities mentioned. No representations can be made that recommendations contained herein will be profitable or they will not result in losses. Readers using the information contained herein are solely responsible for their actions. The information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on technical analysis only. NOTE WE HAVE NO HOLDINGS IN ANY OF STOCKS RECOMMENDED ABOVE

Zoid Research Office 101, Shagun Tower A.B. Commercial Road, Indore 452001 Mobile: +91 9039073611 Email: info@zoidresearch.com Website: www.zoidresearch.com

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