Equity report 10 july to 14 july

Page 1

EQUITY TECHNICAL REPORT WEEKLY [10 JUL to 14 JUL 2017]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 JUL TO 14 JUL 17

NIFTY 50 9665.80 (144.90) (1.52%) Indian Benchmark Index started a week on a very strong note. Nifty closed 94 points higher at 9615. the Nifty broke through the key 9600 as investors swore by GST that kicked in from 1 July. Lower taxes on cigarettes under the Goods and Services Tax (GST) regime boosted the stock prices of ITC Limited on Monday. The Nifty ended the Tuesday's trading session on a flat note with a negative bias, but the Nifty ended above the 9600-level. The Nifty fell by almost 2 points to close at 9613. The Nifty had opened on a positive note and the midday has slipped into the red. On Wednesday, the market was opened in negative, but the movement of the market was range bound throughout the session. The Nifty was opened in 9620 and made a low of 9607 and closed at 9638 after making a high of 9644. On Thursday, The Nifty opened at 9654 and made a low of 9640 and closed at 9675 after making a high of 9701. The Index gave a breakout of week one high of 9651. Nifty index was trading near its all time high of 9709. The market closed on a flat note, with a tad negative bias at week end Friday. because of profit booking at higher levels pulled the index lower towards closing trade and the Nifty managed to close above 9650-mark. The benchmark Index Nifty50 (spot) opened the week at 9587.95 made a high of 9700.70 low of 9543.55 and closed the week at 9665.80. Thus the Nifty closed the week with a gaining of 144.90 points or 1.52%.

Formations 

The 20 days EMA are placed at 9596.71



The 5 days EMA are placed at 9637.15

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Future Outlook:

The Nifty daily chart is bullish trend; we advised to Nifty future buy above 9710 target will be 9800-9900. The nifty future selling pressure below 9450 Nifty upside weekly Resistance is 9750-9800 level. On the downside strong support at 9575-9475 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 JUL TO 14 JUL 17

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

Resistance2

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

2831.08 24388.50 28778.08 3851.68 1423.87 7667.47 272.00 450.22

ACC AMBUJACEM GRASIM ULTRACEMCO

1662.28 265.02 1310.98 4264.67

LT

1744.67

ASIANPAINT HINDUNILVR ITC

1161.02 1127.83 364.33

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

687.58 374.58 162.95 167.27 215.02 1580.05 84.60

9730 9637 AUTOMOBILE 2769.67 2732.08 23986.90 23546.85 28315.17 27717.08 3766.67 3719.03 1399.93 1371.47 7550.13 7380.67 268.50 264.80 443.53 434.77 CEMENT & CEMENT PRODUCTS 1635.82 1601.38 259.23 252.42 1280.92 1264.03 4180.78 4058.12 CONSTRUCTION 1724.53 1697.77 CONSUMER GOODS 1138.23 1121.22 1112.77 1096.93 349.32 339.78 ENERGY 675.77 657.93 366.77 361.13 161.00 158.15 163.43 159.67 212.23 210.22 1535.60 1453.30 83.15 81.55

529.28 172.92 1685.20 1681.25 297.70 1566.80 984.77 288.93 1540.58

FINANCIAL SERVICES 516.22 508.73 166.73 162.62 1676.20 1660.60 1655.20 1627.95 293.70 291.10 1546.55 1509.65 974.73 957.47 284.52 278.28 1523.17 1501.58

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

9794

Resistance1

Pivot

Support 1

Support 2

9573

9480

2670.67 23145.25 27254.17 3634.02 1347.53 7263.33 261.30 428.08

2633.08 22705.20 26656.08 3586.38 1319.07 7093.87 257.60 419.32

1574.92 246.63 1233.97 3974.23

1540.48 239.82 1217.08 3851.57

1677.63

1650.87

1098.43 1081.87 324.77

1081.42 1066.03 315.23

646.12 353.32 156.20 155.83 207.43 1408.85 80.10

628.28 347.68 153.35 152.07 205.42 1326.55 78.50

495.67 156.43 1651.60 1601.90 287.10 1489.40 947.43 273.87 1484.17

488.18 152.32 1636.00 1574.65 284.50 1452.50 930.17 267.63 1462.58

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 JUL TO 14 JUL 17

BHEL

140.10

HCLTECH INFY TCS TECHM WIPRO

863.37 983.10 2404.38 391.60 265.83

ZEEL

522.12

INDUSTRIAL MANUFACTURING 137.55 135.35

132.80

130.60

822.48 922.30 2310.62 373.65 252.82

813.07 909.20 2289.28 367.30 247.93

493.98

480.62

248.88 195.42 550.97

244.82 190.68 544.43

238.53 186.47 535.52

368.93

362.17

352.73

688.68 549.05 2681.73 1096.83 551.02

677.87 538.20 2633.97 1056.67 541.43

658.68 529.25 2562.53 996.03 533.87

382.27 405.72 84.27

376.98 395.23 80.93

368.07 386.12 78.52

IT 847.63 959.25 2368.17 385.80 261.77

838.22 946.15 2346.83 379.45 256.88

MEDIA & ENTERTAINMENT 514.73 501.37 METALS

COALINDIA HINDALCO TATASTEEL

259.23 204.37 566.42

255.17 199.63 559.88 SERVICES

ADANIPORTS

385.13

378.37

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

718.68 568.85 2800.93 1197.63 568.17

707.87 558.00 2753.17 1157.47 558.58

BHARTIARTL INFRATEL IDEA

396.47 425.32 90.02

391.18 414.83 86.68

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close RELIANCE 1380.00 INFRATEL 374.55 LUPIN 1059.85 BPCL 639.40 ULTRACEMCO 3959.10

Current Price 1491.15 404.35 1117.30 663.95 4096.90

% Change 8.05% 7.96% 5.42% 3.84% 3.48%

In Points 111.15 29.8 57.45 24.55 137.8

Weekly Top losers stocks Script Symbol Previous Close BAJAJ-AUTO 2791.20 AXISBANK 517.35 HCLTECH 850.90 CIPLA 555.60 TCS 2362.35

Current Price 2708.25 503.15 831.90 547.15 2331.95

% Change -2.97% -2.74% -2.23% -1.52% -1.29%

In Points 82.95 14.20 19.00 8.45 30.40

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 JUL TO 14 JUL 17 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

7/JUL/2017

3685.53

4207.61

-552.08

6/JUL/2017

4316.86

4332.15

-15.29

5/JUL/2017

3509.33

3281.76

227.57

4/JUL/2017

3749.62

4583.98

-834.36

3/JUL/2017

3498.42

4303.09

-804.67

DATE

Buy Value

Sell Value

Net Value

7/JUL/2017

3084.09

2364.01

720.08

6/JUL/2017

2887.40

2571.45

315.95

5/JUL/2017

2563.41

2488.05

75.36

4/JUL/2017

2778.21

2482.33

295.88

3/JUL/2017

3169.01

2214.67

954.34

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS: EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

27/JUL/2017

CE

9700

133992

4143975

27/JUL/2017

CE

9800

95853

3860625

27/JUL/2017

CE

9900

62730

2189700

27/JUL/2017

PE

9600

124182

5777925

27/JUL/2017

PE

9500

86566

6344250

27/JUL/2017

PE

9400

75982

6185250

MOST ACTIVE BANK NIFTY CALLS & PUTS: EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

13/JUL/2017

CE

23500

116298

413280

13/JUL/2017

CE

23600

107124

461080

13/JUL/2017

CE

23700

83948

329440

13/JUL/2017

PE

23400

83207

285600

13/JUL/2017

PE

23200

73838

368880

13/JUL/2017

PE

23300

72151

301320

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 JUL TO 14 JUL 17 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

8 JUL 17

DELTACORP

BUY AROUND

167

175-185

OPEN

1 JUL 17

TCS

BUY AROUND

2360

2455-2555

OPEN

23 JUN 17

SUNPHARMA

BUY AROUND

540-545

562-605

17 JUN 17

TVSMOTORS

BUY AROUND

550

572-600

3 JUN 17

AUROPHARMA

BUY AROUND

590

614-640

20 MAY 17

BHARTIARTL

BUY AROUND

372

388-402

13 MAY 17

AXISBANK

SELL BELOW

500

480-450

6 MAY 17

VOLTAS

BUY ON DEEP

422

439-456

29 APR 17

IDFC

BUY ON DEEP

62

65-68

22 APR 17

RELIANCE

BUY ON DEEP

1400

1455-1525

14 APR 17

TATAELXSI

BUY ABOVE

1550

1612-1675

8 APR 17

AXISBANK

BUY ON DEEP

505-503

525-560

1 APR 17

ACC

BUY ON DEEP

1440

1498-1558

25 MAR 17

COALINDIA

BUY ON DEEP

295-290

307-320

BOOK AT 560.95 1ST TARGET ACHIEVED ALL TARGET ACHIEVED BOOK AT 386.35 BOOK AT 484.45 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED BOOK AT 1603 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED EXIT AT 282.7

* 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 www.zoidresearch.com

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