Equity Technical Report 18 Jan to 22 Jan

Page 1

EQUITY TECHNICAL REPORT WEEKLY [18 JAN to 22 JAN 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 JAN TO 22 JAN 16

NIFTY 50 7437.80 (-163.55)

(-1.15%)

Last Week Nifty opened with a gap down and a strong recovery in afternoon trade after falling as much 1.4% in early trade following a crash in china market & nifty made 52 weeks low at 7494 on Monday. On Tuesday nifty continues to follow the trend and made a new low at 7487.80. On Wednesday market is highly volatile, nifty again hit a new low at 7425.8 but the market managed to gain strength in the last hour of trade. On Thursday nifty opened with a gap down, and recovered or managed the level of 7500. On Friday nifty will continues down trend & could go the level of 7450, has breached the level of 7450 & made a low of 7427 & close below 7450. Our target of 7500 is achieved. We had recommended in last week research report (see our weekly report 11 Jan to 15 Jan) (Nifty is bearish; if trade below 7575 target 7500). In this week nifty future made a strong support at 7425 and 7600 resistance. The nifty ended the conclude week with a losing of (-1.15%) or (-163.55) over the previous week’s closing. Formations

 The 20 days EMA are placed at 7693.11  The 5 days EMA are placed at 7537.03

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Future Outlook: The Nifty daily chart is bearish; if Nifty is trading below 7420 than next support level at 7200 Nifty buying pressure near at 7600. Nifty Upside weekly Resistance is 7550-7675 level. The Nifty weekly strong support is 7375-7300 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 JAN TO 22 JAN 16

Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50

Resistance2

BAJAJ-AUTO BOSCHLTD HEROMOTOCO M&M MARUTI TATAMOTORS

2415.92 18188.73 2569.12 1243.27 4466.45 380.60

7669

ACC AMBUJACEM GRASIM ULTRACEMCO

1331.70 202.30 3742.83 2802.73

LT

1235.97

ASIANPAINT HINDUNILVR ITC

922.38 867.52 325.33

BPCL CAIRN GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

994.85 138.33 389.28 150.98 231.75 149.83 1136.77 70.72

AXISBANK

443.28 146.18 1074.58 1186.03 252.18 963.45 717.53 108.90 217.43 720.70

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

Resistance1

Pivot

7554 7490 AUTOMOBILE 2369.03 2341.02 18028.12 18109.38 2498.43 2454.32 1210.23 1181.42 4369.90 4243.45 360.95 350.15 CEMENT & CEMENT PRODUCTS 1280.65 1251.95 198.10 195.30 3623.27 3531.13 2710.47 2645.73 CONSTRUCTION 1171.93 1135.97 CONSUMER GOODS 900.82 875.43 835.88 806.27 319.62 314.68 ENERGY 963.70 915.85 128.97 123.28 362.57 348.08 143.72 139.68 225.60 221.10 144.47 141.38 1105.03 1058.02 66.23 63.77 FINANCIAL SERVICES 408.77 388.88 136.17 130.38 1058.37 1047.68 1167.92 1155.53 238.32 230.03 942.50 923.80 696.57 683.78 100.55 95.90 200.87 190.93 692.20 676.15

Support 1

Support 2

7374

7310

2294.13 17948.77 2383.63 1148.38 4146.90 330.50

2266.12 18030.03 2339.52 1119.57 4020.45 319.70

1200.90 191.10 3411.57 2553.47

1172.20 188.30 3319.43 2488.73

1071.93

1035.97

853.87 774.63 308.97

828.48 745.02 304.03

884.70 113.92 321.37 132.42 214.95 136.02 1026.28 59.28

836.85 108.23 306.88 128.38 210.45 132.93 979.27 56.82

354.37 120.37 1031.47 1137.42 216.17 902.85 662.82 87.55 174.37 647.65

334.48 114.58 1020.78 1125.03 207.88 884.15 650.03 82.90 164.43 631.60

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 JAN TO 22 JAN 16

BHEL

159.67

HCLTECH INFY TCS TECHM WIPRO

869.98 1147.40 2432.37 550.75 562.30

ZEEL

433.00

INDUSTRIAL MANUFACTURING 148.03 141.57

129.93

123.47

810.07 1083.50 2212.73 499.75 534.75

782.08 1027.10 2164.37 478.95 526.40

391.55

380.70

317.00 73.87 77.22 237.70

312.15 69.08 67.63 220.10

305.75 66.37 62.42 210.50

225.08

209.67

201.08

607.53 2927.97 1687.37 790.28

597.67 2861.93 1649.73 775.92

586.23 2787.97 1598.37 764.73

310.68 118.93

295.92 105.32

285.73 97.88

IT 854.02 1143.65 2346.73 535.65 552.70

826.03 1087.25 2298.37 514.85 544.35

MEDIA & ENTERTAINMENT 417.70 406.85 METALS

COALINDIA HINDALCO VEDL TATASTEEL

328.25 81.37 92.02 264.90

323.40 76.58 82.43 247.30 SERVICES

ADANIPORTS

249.08

233.67

CIPLA DRREDDY LUPIN SUNPHARMA

628.83 3067.97 1776.37 815.83

618.97 3001.93 1738.73 801.47

BHARTIARTL IDEA

335.63 139.98

320.87 126.37

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol INFY RELIANCE BPCL MARUTI HCLTECH

Previous Close 1063.30 1025.75 903.55 4214.75 828.35

Current Price 1139.90 1073.30 932.55 4273.35 838.05

% Change 7.20% 4.64% 3.21% 1.39% 1.17%

In Points 76.60 47.55 29.00 58.60 9.70

Current Price 112.75 92.20 184.30 136.40 126.15

% Change -15.29% -12.27% -11.80% -11.20% -10.18%

In Points -20.35 -12.90 -24.65 -17.20 -14.30

Weekly Top losers stocks Script Symbol IDEA PNB SBIN BHEL BANKBARODA www.zoidresearch.com

Previous Close 133.10 105.10 208.95 153.60 140.45

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 JAN TO 22 JAN 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

15/JAN/2016

3172.68

4296.47

-1123.79

14/JAN/2016

3096.69

4318.66

-1221.97

13/JAN/2016

4316.56

4392.46

-75.90

12/JAN/2016

3090.47

3631.46

-540.99

11/JAN/2016

3157.82

4477.06

-1319.24

DATE

Buy Value

Sell Value

Net Value

15/JAN/2016

2320.25

1631.41

688.84

14/JAN/2016

3281.53

1755.31

1526.22

13/JAN/2016

2503.24

1884.45

618.79

12/JAN/2016

1860.65

1719.40

141.25

11/JAN/2016

1848.47

947.48

900.99

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

28/JAN/2016

CE

7600

385384

5002725

28/JAN/2016

CE

7700

315170

6851550

28/JAN/2016

CE

7800

248266

5315850

28/JAN/2016

PE

7400

317929

5396400

28/JAN/2016

PE

7500

303980

5264925

28/JAN/2016

PE

7300

237490

6559125

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

28/JAN/2016

CE

16000

87864

781800

28/JAN/2016

CE

16500

60095

680160

28/JAN/2016

CE

15500

37532

279780

28/JAN/2016

PE

15000

68049

467160

28/JAN/2016

PE

15500

43448

619500

28/JAN/2016

PE

14500

31649

190530

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 JAN TO 22 JAN 16 Weekly Recommendations: DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

16 JAN 16

ASIANPAINT

BUY ON DEEP

880-875

915-955

OPEN

9 JAN 16

DLF

SELL BELOW

107

102

26 DEC 15

VEDL

BUY ON DEEP

92

95.50

19 DEC 15

CROMPGREAV

BUY ON DEEP

188-187

194-202

28 NOV 15

ZEEL

BUY ON DEEP

410

425-444

21 NOV 15

BHARTIARTL

BUY ON DEEP

340

352

EXIT AT 324

14 NOV 15

AXISBANK

BUY ON DEEP

485-487

505

EXIT AT 465

31 OCT 15

YESBANK

BUY ON DEEP

755-760

785

TARGET ACHIEVED

17 OCT 15

CENTURYTEX

BUY ON DEEP

555-558

578

BP AT 572

10 OCT 15

TATAMOTORS

BUY ON DEEP

350-355

370

1OCT 15

ITC

BUY ABOVE

335

350

26 SEP 15

COALINDIA

BUY ON DEEP

342-340

355-370

12 SEP 15

SBIN

BUY ON DEEP

230-228

240-252

22 AUG 15

MARUTI

SELL ON RISE

4540-4550

4350-4150

TARGET ACHIEVED TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED

TARGET ACHIEVED TARGET ACHIEVED EXIT AT 320 1ST TARGET ACHIEVED ALL 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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ZOID RESEARCH TEAM


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