EQUITY TECHNICAL REPORT WEEKLY [12 DEC to 16 DEC 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 12 DEC TO 16 DEC 16
NIFTY 50 8261.75 (174.95) (2.16%) This week markets open with a positive note. Nifty open at 8088.75 and made a low at 8056.85 Nifty rose sharply by 85 points from there to make a high of 8141.90 and finally closed at 8128.75 on Monday. On Tuesday, The NSE Nifty ended Tuesday's session on a positive note, but failed to hold 8150 intraday support level and made a low at 8130.85. Nifty sharply fell by 51 points from its high to make a low of 8157 and finally closed at 8165. On Wednesday, the market has ended in red. The Nifty down 41 points at 8102. Banks were knocked off after Reserve Bank of India, in a surprise move; Mr. Urjit Patel kept key interest rates unchanged. The Bank index lost over 1% at closing. The RBI surprised everyone in its first monetary policy review after notes ban keeping its repo rate unchanged at 6.25%. On Thursday, nifty is opening at 8280 almost 52 point gap up on strong Global cues. Index Nifty saw smart buying after a gap up opening. The Nifty Bull Run continues, supporting this is the upwards run by associating indices. We had recommended in last week research report (see our weekly report 5 Nov to 9 Nov 2016) (we advised to Nifty future Buy on deeps 8100-8050 target will be 8200-8300). Our 2nd target almost achieved on 09 Nov Nifty future made a low at 8294. On Friday, the last Trading day of the week; the market ended higher, recording their biggest weekly gain in more than three months. Monday through Friday, The Nifty rose by 175 points around. This upside rally was contributed by strong fundamentals of the Indian economy, accompanied with strong International markets. The Nifty50 (spot) opened the week at 8088.75, made a high of 8274.95 low of 8056.85 and closed the week at 8261.75. Thus the Nifty closed the week with a gaining of 175.95 points or 2.16%.
Formations 
The 20 days EMA are placed at 8200.21

The 5 days EMA are placed at 8197.51
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Future Outlook: The Nifty daily chart is bullish trend; we advised to Nifty future Buy on deeps 8200-8150 target will be 8350-8425. The Nifty future selling pressure below 8000. Nifty upside weekly Resistance is 8340-8420 level. On the downside strong support at 8125-8000 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 12 DEC TO 16 DEC 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2834.85 21865.55 24294.78 3435.72 1254.78 5471.63 325.55 493.90
ACC AMBUJACEM GRASIM ULTRACEMCO
1427.18 225.42 923.28 3712.65
LT
1389.00
ASIANPAINT HINDUNILVR ITC
989.02 862.22 247.18
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
668.58 442.65 168.72 319.87 189.72 1061.12 81.18
8339 8198 AUTOMOBILE 2777.50 2731.90 21302.30 20736.75 23569.57 22974.83 3356.53 3253.82 1221.57 1185.78 5353.32 5194.18 314.70 298.90 479.00 453.65 CEMENT & CEMENT PRODUCTS 1403.17 1360.98 220.73 212.52 900.82 876.53 3640.80 3596.15 CONSTRUCTION 1375.60 1362.35 CONSUMER GOODS 965.38 930.32 853.63 842.82 241.67 234.08 ENERGY 651.62 624.88 436.00 430.05 166.38 163.47 313.33 301.27 187.08 183.97 1045.03 1015.77 79.12 75.93
477.57 169.08 1229.30 1360.65 281.88 1158.68 769.75 277.38 1272.55
FINANCIAL SERVICES 466.98 454.12 165.57 161.08 1213.80 1190.40 1314.45 1248.80 275.17 263.08 1135.77 1094.03 757.50 740.25 272.02 261.83 1246.15 1198.60
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
8416
Resistance1
Pivot
Support 1
Support 2
8121
7979
2674.55 20173.50 22249.62 3174.63 1152.57 5075.87 288.05 438.75
2628.95 19607.95 21654.88 3071.92 1116.78 4916.73 272.25 413.40
1336.97 207.83 854.07 3524.30
1294.78 199.62 829.78 3479.65
1348.95
1335.70
906.68 834.23 228.57
871.62 823.42 220.98
607.92 423.40 161.13 294.73 181.33 999.68 73.87
581.18 417.45 158.22 282.67 178.22 970.42 70.68
443.53 157.57 1174.90 1202.60 256.37 1071.12 728.00 256.47 1172.20
430.67 153.08 1151.50 1136.95 244.28 1029.38 710.75 246.28 1124.65
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 12 DEC TO 16 DEC 16
BHEL
133.22
HCLTECH INFY TCS TECHM WIPRO
828.23 1035.32 2285.12 490.20 468.50
ZEEL
485.02
INDUSTRIAL MANUFACTURING 131.13 128.37
126.28
123.52
780.97 962.18 2147.98 458.10 452.45
758.63 935.02 2100.72 444.50 446.80
439.03
418.02
307.33 177.78 423.48
301.02 172.12 411.62
295.58 162.13 392.68
280.22
269.13
252.62
724.73 578.10 3182.17 1518.25 685.62
714.12 570.20 3122.78 1488.50 646.23
704.33 561.50 3059.17 1465.45 619.47
328.98 369.95 75.30
320.52 343.85 73.20
309.03 329.70 69.60
IT 815.77 1012.33 2240.18 480.95 463.30
793.43 985.17 2192.92 467.35 457.65
MEDIA & ENTERTAINMENT 472.53 451.52 METALS
COALINDIA HINDALCO TATASTEEL
319.08 193.43 454.28
312.77 187.77 442.42 SERVICES
ADANIPORTS
307.82
296.73
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
745.13 594.70 3305.17 1571.05 751.77
734.52 586.80 3245.78 1541.30 712.38
BHARTIARTL INFRATEL IDEA
348.93 410.20 81.00
340.47 384.10 78.90
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close HINDALCO 168.75 ADANIPORT 265.90 TATAMOTORS 432.90 YESBANK 1150.15 TATASTEEL 406.40
Current Price 182.10 285.65 464.10 1219.75 430.55
% Change 7.91% 7.43% 7.21% 6.05% 5.94%
In Points 13.35 19.75 31.20 69.60 24.15
Weekly Top losers stocks Script Symbol Previous Close INFRATEL 385.90 SUNPHARMA 720.35 TCS 2221.85 GAIL 432.90 AXISBANK 459.95
Current Price 358.00 673.00 2195.25 429.35 456.40
% Change -7.23% -6.57% -1.20% -0.82% -0.77%
In Points -27.90 -47.35 -26.60 -3.55 -3.55
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WEEKLY TECHNICAL REPORT 12 DEC TO 16 DEC 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
09/DEC/2016
3662.72
3462.20
200.52
08/DEC/2016
4322.71
3623.85
698.86
07/DEC/2016
3941.02
3747.36
193.66
06/DEC/2016
3109.03
2947.23
161.80
05/DEC/2016
3332.96
3650.81
-317.85
DATE
Buy Value
Sell Value
Net Value
09/DEC/2016
1608.44
1318.87
289.57
08/DEC/2016
1606.08
1541.76
64.32
07/DEC/2016
1731.59
1787.87
-56.28
06/DEC/2016
1162.70
1327.38
-164.68
05/DEC/2016
1381.33
1217.69
163.64
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
29/DEC/2016
CE
8300
154389
4869900
29/DEC/2016
CE
8400
121150
4304025
29/DEC/2016
CE
8500
91334
4249125
29/DEC/2016
PE
8200
157319
4435500
29/DEC/2016
PE
8000
120137
8288100
29/DEC/2016
PE
8100
121241
4225725
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
15/DEC/2016
CE
19000
81234
268480
15/DEC/2016
CE
18800
60098
115680
15/DEC/2016
CE
18700
51470
126880
15/DEC/2016
PE
18000
59946
363240
15/DEC/2016
PE
18500
45563
210960
15/DEC/2016
PE
18200
41357
177800
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 12 DEC TO 16 DEC 16 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
10 DEC 16
HINDALCO
BUY ON DEEP
182-180
189-200
STATUS OPEN ST
1 TARGET ACHIEVED 1ST TARGET ACHIEVED
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
28 OCT 16
VEDL
BUY ON DEEP
202-201
210-220
ALL TARGET ACHIEVED
15 OCT 16
TATAMTRDVR
BUY ON DEEP
360-358
375
EXIT AT 344
8 OCT 16
HDFCBANK
SELL BELOW
1285
1233-1180
1ST TARGET ACHIEVED
1 OCT 16
ZEEL
BUY AROUND
540-545
565-590
(OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)
3 SEP 16
AUROPHARMA
BUY ABOVE
785
825-875
BOOK AT 818
27 AUG 16
DLF
SELL BELOW
159.50
153-146
BOOK FULL AT 147.5
13 AUG 16
HINDALCO
BUY ON DEEP
145-142
152-160
(OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)
6 AUG 16
BHARATFORG
BUY ON DEEP
800-795
835-875
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
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