EQUITY TECHNICAL REPORT WEEKLY [11 APR to 15 APR 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 11 APR TO 15 APR 16
NIFTY 50 7713.05 (-157.85) (-2.05%) The week has started on a positive note. The Nifty 50 futures contract is trading on a mixed note. It opened with a gap up at 7,778 and made an intraday high of 7,809. But the contract failed to sustain higher and has come off from the day’s high, but it managed to regain strength in last hour of trade. Nifty ended in green on Monday. On Tuesday market stayed in the red zone throughout the session, nifty cracked below the 7600 and hit the low of 7588. After an RBI announces its first bi-monthly monetary review for 2016-17. The Reserve Bank of India (RBI) slashing the repo rate by 25 basis points, which was in line with market expectations. On Wednesday Seesaw movement was there in the market. The Nifty swung between gains and losses and ended the trade on a flat note. On Thursday market turned volatile after starting off trade on a strong note. Nifty 50 opened the session on a positive note and started to decline. On Friday Nifty is range-bound between 7525 and 7575. A breakout on either side of this range will decide the next leg of move for the contract. The contract could face strong intraday resistance between 7600 and 7550. The Nifty50 opened the week at 7733.15, made a high of 7764.45, low of 7526.70 and closed the week at 7555.20. Thus the Nifty closed the week with a losing of -157.85 points or -2.05%.
Future Outlook: Formations
The 20 days EMA are placed at 7581.84 The 5 days EMA are placed at 7598.84
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The Nifty daily chart is bearish; we advised to sell nifty future below 7550 target 74007250. Nifty buying pressure near above 7600. Nifty upside weekly Resistance is 7700-7850 level. On the downside strong support at 7600-7450
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 11 APR TO 15 APR 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50
Resistance2
BAJAJ-AUTO
2533.08 32180.78 20064.73 3068.10 1285.48 3866.55 298.90 399.15
BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
7853
Resistance1
Pivot
7704 7616 AUTOMOBILE 2461.27 2405.88 25587.07 13718.53 19622.97 19129.23 2991.90 2936.80 1258.87 1222.78 3648.60 3533.55 287.95 278.50 385.30 377.15 CEMENT & CEMENT PRODUCTS 1464.80 1425.90 234.08 228.57
ACC AMBUJACEM GRASIM ULTRACEMCO
1487.75 242.42
LT
1275.75
ASIANPAINT HINDUNILVR ITC
902.12 896.73 338.40
BPCL GAIL NTPC ONGC
927.38 361.85 141.15 212.05
4042.05 3932.50 3228.20 3160.35 CONSTRUCTION 1234.00 1208.25 CONSUMER GOODS 876.83 863.22 873.57 859.68 329.80 324.40 ENERGY 913.52 896.03 354.60 344.75 136.35 130.70 209.10 206.55
POWERGRID RELIANCE TATAPOWER
143.17 1069.98
142.03 1053.17
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
4101.55 3297.55
75.03
140.17 1037.63
Support 1
Support 2
7466
7378
2334.07 7124.82 18687.47 2860.60 1196.17 3315.60 267.55 363.30
2278.68 -4743.72 18193.73 2805.50 1160.08 3200.55 258.10 355.15
1402.95 220.23
1364.05 214.72
3873.00 3091.00
3763.45 3023.15
1166.50
1140.75
837.93 836.52 315.80
824.32 822.63 310.40
882.17 337.50 125.90 203.60
864.68 327.65 120.25 201.05
139.03 1020.82
137.17 1005.28
60.87
55.93
462.57 158.83
70.42 65.48 FINANCIAL SERVICES 442.08 431.07 150.97 146.28
410.58 138.42
399.57 133.73
1090.95 1148.52
1075.15 1114.03
1061.10 1089.77
1045.30 1055.28
1031.25 1031.02
249.05 982.33
235.15 959.67
227.15 947.33
213.25 924.67
205.25 912.33
697.78
681.57
668.53
652.32
639.28
204.17 892.00
193.63 870.70
186.92 848.60
176.38 827.30
169.67 805.20
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 11 APR TO 15 APR 16
BHEL
130.50
HCLTECH INFY
WIPRO
866.23 1277.88 2511.35 488.68 580.32
ZEEL
403.03
COALINDIA HINDALCO
295.80
TCS TECHM
TATASTEEL
INDUSTRIAL MANUFACTURING 126.65 119.50 IT 849.67 832.33 1221.82 1191.93 2471.70 2449.35 472.27 457.58 564.93 555.72 MEDIA & ENTERTAINMENT 396.07 389.28 METALS 287.70 280.85
93.87 342.00
90.78 332.05
115.65
108.50
815.77 1135.87 2409.70 441.17 540.33
798.43 1105.98 2387.35 426.48 531.12
382.32
375.53
272.75
265.90
87.57 322.80
84.48 312.85
81.27 303.60
227.80
206.15
193.05
752.85 506.82 3040.23 1509.97 810.90
736.25 494.63 2991.02 1465.13 798.90
714.45 484.82 2942.88 1390.17 786.05
337.03 374.62 110.20
323.17 361.33 106.10
311.73 353.12 103.15
SERVICES ADANIPORTS
262.55
240.90
AUROPHARMA CIPLA
791.25 528.82 3137.58 1629.77 835.75
774.65 516.63 3088.37 1584.93 823.75
362.33 396.12 117.25
348.47 382.83 113.15
PHARMA
DRREDDY LUPIN SUNPHARMA
TELECOM BHARTIARTL INFRATEL IDEA
Weekly Top gainers stocks Script Symbol Previous Close BHEL 116.45 LUPIN 1464.85 AUROPHARMA 729.90 GRASIM 3852.80 M&M 1195.20
Current Price 122.80 1540.10 758.05 3982.55 1232.25
% Change 5.45% 5.14% 3.86% 3.37% 3.10%
In Points 6.35 75.25 28.15 129.75 37.05
Weekly Top losers stocks Script Symbol Previous Close ADANIPORT 242.90 MARUTI 3723.20 ICICIBANK 238.30 SBIN 195.65 BANKBARODA 152.80
Current Price 219.25 3430.65 221.25 183.10 143.10
% Change -9.74% -7.86% -7.15% -6.41% -6.35%
In Points -23.65 -292.55 -17.05 -12.55 -9.70
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 11 APR TO 15 APR 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
8/APR/2016
2909.08
2428.81
180.27
7/APR/2016
3454.79
3749.51
-294.72
6/APR/2016
2600.13
3093.69
-493.56
5/APR/2106
3262.01
4062.80
-800.79
4/APR/2016
2948.11
2711.29
236.82
DATE
Buy Value
Sell Value
Net Value
8/APR/2016
1235.43
1394.44
-159.01
7/APR/2016
1532.74
1548.8
-16.06
6/APR/2016
1727.29
1468.61
258.68
5/APR/2106
1737.74
1681.89
55.85
4/APR/2016
1311.55
1645.29
-333.74
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
28/APR/2016
CE
7600
221222
3670425
28/APR/2016
CE
7700
200757
4646025
28/APR/2016
CE
7800
172605
5411175
28/APR/2016
PE
7500
199064
5062050
28/APR/2016
PE
7600
143205
3504225
28/APR/2016
PE
7400
141052
4309075
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
28/APR/2016
CE
16000
56886
575400
28/APR/2016
CE
16500
51560
762120
28/APR/2016
CE
17000
24780
893010
28/APR/2016
PE
15000
52466
539100
28/APR/2016
PE
15500
45480
409650
28/APR/2016
PE
14500
18793
223770
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 11 APR TO 15 APR 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
9 APR 16
AJANTPHARM
BUY ON DEEP
1460
1520-1580
OPEN
2 APR 16
TATAMOTORS
BUY ON DEEP
378-380
395-412
OPEN ST
1 TARGET ACHIEVED ALL TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED
26 MAR 16
BATAINDIA
BUY ON DEEP
500-498
520-550
19 MAR 16
DLF
BUY ABOVE
108.5
114-120
12 MAR 16
TATAMOTORS
BUY ON DEEP
348-350
365-380
5 MAR 16
SBIN
BUY ON DEEP
180-178
187-199
27 FEB 16
CROMPGREAV
BUY ABOVE
130
136-145
20 FEB 16
ADANIPORT
BUY ON DEEP
210-208
219-222
13 FEB 16
APOLLOTYRE
BUY ON DEEP
148-146
155-165
30 JAN 16
IRB
BUY ON DEEP
240-238
250
23 JAN 16
CENTURYTEX
BUY ON DEEP
520-517
545-570
EXIT AT 500
16 JAN 16
ASIANPAINT
BUY ON DEEP
880-875
915-955
BP AT 907
9 JAN 16
DLF
SELL BELOW
107
102
26 DEC 15
VEDL
BUY ON DEEP
92
95.50
TARGET ACHIEVED 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
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