Equity (Nifty50) Technical Report (11 - 15 July)

Page 1

EQUITY TECHNICAL REPORT WEEKLY [11 JULY to 15 JULY 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 11 JULY TO 15 JULY 16

NIFTY 50 8323.20 (-5.15) (-0.065%) This week market open with a gap up. Nifty future made a high at 8415 our given target had achieved on Monday (see our last weekly report of 4 July to 8 July). On Tuesday, the market goes down; nifty takes a resistance of 8400 and reversal gets down. Nifty close below its critical level of 8350. On Wednesday, market closed due to Ramzan ID. On Thursday, the market opens with flat note. It is volatile and continues to trade sideways in a narrow range between 8325 and 8370; nifty settled 2 points up at 8337 On Friday, Nifty ended with minor losses due to weak global cues and profit booking saw the indices close with minor losses. The Nifty50 (spot) opened the week at 8376.75, made a high of 8398.45 low of 8287.55 and closed the week at 8323.20. Thus the Nifty closed the week with a losing of -5.15 points or -0.065%. Formations

 The 20 days EMA are placed at 8229.59  The 5 days EMA are placed at 8317.8

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Future Outlook: The Nifty daily chart is bearish; we advised to sell Nifty future below 8275 target 82008150. The Nifty future buying pressure below 8375 and up trend target will be 8500. Nifty upside weekly Resistance is 8380-8450 level. On the downside strong support 8275-8200 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 11 JULY TO 15 JULY 16

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

Resistance2

BAJAJ-AUTO

2728.20 23313.25 19849.20 3245.87 1498.45 4239.93 311.17 478.63

BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS

8447

Resistance1

Pivot

Support 1

Support 2

8274

8225

2566.40 22326.05 19251.40 3111.88 1439.00 4123.87 289.43 457.12

2528.20 21862.95 19051.20 3055.97 1424.55 4085.93 282.67 447.93

1569.15 252.90

1540.65 247.70

4483.90 3349.03

4426.95 3298.02

1509.13

1485.62

990.35 896.27 240.90

970.00 871.83 235.95

1094.83 365.80 149.87 218.23

1074.97 356.10 145.93 213.17

163.98 985.60

160.67 968.30

156.88 958.20

72.15

71.10

538.30 151.47

530.15 148.18

8385 8336 AUTOMOBILE 2666.40 2628.20 23051.20 22588.10 19650.40 19450.20 3206.83 3150.92 1475.95 1461.50 4200.87 4162.93 303.68 296.92 472.47 463.28 CEMENT & CEMENT PRODUCTS 1626.05 1597.55 262.15 256.95

ACC AMBUJACEM GRASIM ULTRACEMCO

1654.45 266.20

LT

1605.52

ASIANPAINT HINDUNILVR ITC

1037.40 950.73 258.95

BPCL GAIL NTPC ONGC

1143.77 412.40 161.93 241.47

4633.90 4576.95 3463.03 3412.02 CONSTRUCTION 1569.08 1545.57 CONSUMER GOODS 1024.05 1003.70 935.72 911.28 252.40 247.45 ENERGY 1129.23 1109.37 393.95 384.25 157.87 153.93 232.38 227.32

POWERGRID RELIANCE TATAPOWER

171.08 1013.00

167.77 995.70

AXISBANK

556.65 165.58

74.90 73.85 FINANCIAL SERVICES 551.55 543.40 160.17 156.88

1202.68 1334.10

1188.77 1310.50

1174.83 1278.10

1160.92 1254.50

1146.98 1222.10

255.75 1152.57

248.85 1139.63

244.20 1117.57

237.30 1104.63

232.65 1082.57

764.42

753.93

745.77

735.28

727.12

228.63 1155.68

223.47 1137.97

219.98 1122.28

214.82 1104.57

211.33 1088.88

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

4726.95 3526.02

76.60

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 11 JULY TO 15 JULY 16

BHEL

146.40

HCLTECH INFY

WIPRO

763.95 1209.87 2574.33 533.65 575.85

ZEEL

479.77

COALINDIA HINDALCO

331.70

TCS TECHM

TATASTEEL

INDUSTRIAL MANUFACTURING 142.15 137.70 IT 742.90 728.95 1184.03 1168.77 2500.47 2451.98 518.30 508.65 568.75 561.90 MEDIA & ENTERTAINMENT 466.43 456.47 METALS 321.70 315.85

131.68 347.92

129.27 333.13

133.45

129.00

707.90 1142.93 2378.12 493.30 554.80

693.95 1127.67 2329.63 483.65 547.95

443.13

433.17

305.85

300.00

126.28 322.62

123.87 307.83

120.88 297.32

209.37

202.28

197.52

769.35 515.15 3517.18 1633.32 775.58

756.30 507.85 3462.37 1554.33 766.17

733.65 495.40 3363.48 1469.52 754.83

361.32 348.57 103.43

346.73 336.48 99.07

338.42 328.17 96.13

SERVICES ADANIPORTS

221.22

214.13

AUROPHARMA CIPLA

805.05 534.90 3670.88 1797.12 796.33

792.00 527.60 3616.07 1718.13 786.92

384.22 368.97 110.73

369.63 356.88 106.37

PHARMA

DRREDDY LUPIN SUNPHARMA

TELECOM BHARTIARTL INFRATEL IDEA

Weekly Top gainers stocks Script Symbol Previous Close LUPIN 1552.85 BHEL 132.05 AUROPHARMA 746.25 HDFC 1242.35 HINDUNILVR 897.60

Current Price 1632.15 137.80 777.65 1287.55 921.20

% Change 5.24% 4.35% 4.21% 3.64% 2.63%

In Points 81.30 5.75 31.40 45.20 23..60

Weekly Top losers stocks Script Symbol Previous Close GAIL 395.35 IDEA 106.05 BHARTIARTL 368.35 TCS 2500.85 TATASTEEL 328.10

Current Price 375.30 102.05 355.00 2425.05 318.50

% Change -5.07% -3.77% -3.62% -3.03% -2.93%

In Points -20.05 -4.00 -13.35 -75.80 -9.60

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WEEKLY TECHNICAL REPORT 11 JULY TO 15 JULY 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

8/JUL/2016

4059.13

3728.51

330.62

7/JUL/2016

4306.44

4605.95

-299.51

5/JUL/2016

3237.69

2972.06

265.63

4/JUL/2016

2992.70

2810.42

182.28

DATE

Buy Value

Sell Value

Net Value

8/JUL/2016

1217.46

1730.13

-512.67

7/JUL/2016

1390.76

1550.74

-159.98

5/JUL/2016

1214.93

1662.41

-447.48

4/JUL/2016

1939.80

1562.35

377.45

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

28/JULY/2016

CE

8400

189426

3761775

28/JULY/2016

CE

8500

139897

4424550

28/JULY/2016

CE

8600

107894

2965425

28/JULY/2016

PE

8300

187555

3475800

28/JULY/2016

PE

8200

143501

4971675

28/JULY/2016

PE

8100

91537

4162575

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

14/JULY/2016

CE

18200

62555

307720

14/JULY/2016

CE

18100

48065

197120

14/JULY/2016

CE

18300

47715

247080

14/JULY/2016

PE

18000

52972

267440

14/JULY/2016

PE

17800

48111

179560

14/JULY/2016

PE

17900

41914

140520

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WEEKLY TECHNICAL REPORT 11 JULY TO 15 JULY 16 Weekly Recommendations: DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

9 JULY 16

RELIANCE

SELL ON RISE

980-982

940-900

OPEN

2 JULY 16

GAIL

BUY ON DEEP

390-392

406-422

OPEN ST

17 JUN 16

HDFC

BUY ON DEEP

1220-1210

1260-1300

1 TARGET ACHIEVED

11JUN 16

DHFL

BUY ON DEEP

205-203

214-222

EXIT AT 194

28 MAY 16

HEROMOTOCO

BUY ON DEEP

3000

3120-3250

1ST TARGET ACHIEVED

21 MAY 16

VOLTAS

BUY ABOVE

332

345-360

BOOK AT 342

14 MAY 16

CESC

BUY ON DEEP

542-540

562-585

7 MAY 16

TITAN

BUY ON DEEP

360-362

375-395

30 APR 16

GLENMARK

BUY ON DEEP

828-825

862-900

22 APR 16

PFC

BUY ON DEEP

175-173

182-190

14 APR 16

RCOM

BUY ON DEEP

52.75-52.50

55-58

9 APR 16

AJANTPHARM

BUY ON DEEP

1460

1520-1580

2 APR 16

TATAMOTORS

BUY ON DEEP

378-380

395-412

26 MAR 16

BATAINDIA

BUY ON DEEP

500-498

520-550

1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 2ND TARGET AT 57.85 BP AT 1500 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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