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
www.zoidresearch.com
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
www.zoidresearch.com
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
www.zoidresearch.com
ZOID RESEARCH TEAM