EQUITY TECHNICAL REPORT WEEKLY [18 JULY to 22 JULY 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 18 JULY TO 22 JULY 16
NIFTY 50 8541.40 (218.20) (2.62%) The week has started on a bullish note. After last week's consolidation, the bulls are back on Monday. On account of firm global cues after strong US monthly jobs data reassured investors about the health of the world’s largest economy. On Tuesday, Lack of movement was there in the market Very range bound market was there in nifty. On Wednesday, After opening higher the market closed on a flat note. Markets remained range bound & had finished the session near to flat. On Thursday, Consolidation was in the market. The Nifty jumped above its key resistance level of 8525 and made a high of 8571 & low at 8501; the nifty gain with 46 points at 8565. On Friday, The market closed lower; the Nifty closing below the 8550. Infosys Ltd stock declined -9%; after the software services exporter posted disappointing results and slashed revenue forecasts. The Nifty fell 23 points at 8541. The Nifty50 (spot) opened the week at 8413.35, made a high of 8594.80 low of 8407.05 and closed the week at 8541.40. Thus the Nifty closed the week with a gaining of 218.20 points or 2.62%. Formations
The 20 days EMA are placed at 8346.56 The 5 days EMA are placed at 8507.11
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Future Outlook: We advised to sell Nifty future below 8475 target 8375-8250. The Nifty future buying pressure above 8600 and up trend target will be 8580. The nifty trading range around 8580-8600 then will move up side. But not much more target will be 8700. Nifty upside weekly Resistance is 8600-8700 level. On the downside strong support 8425-8325 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 18 JULY TO 22 JULY 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO
2747.87 24682.53 20139.68 3346.17 1515.43 4688.78 329.45 518.87
BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
8702
Resistance1
Pivot
Support 1
Support 2
8434
8327
2647.73 23185.07 19506.37 3191.58 1434.57 4276.82 300.80 476.83
2599.87 22462.53 19231.68 3139.07 1404.33 4081.58 290.05 459.67
1597.93 258.00
1582.87 255.15
4632.55 3447.22
4443.50 3363.08
1554.23
1522.62
1008.93 919.62 245.12
991.97 897.73 241.38
544.57 380.53 146.27 222.02
534.38 367.32 136.28 213.78
165.37 1006.23
159.58 991.47
154.92 970.73
70.40
69.15
547.58 158.30
530.12 152.35
8622 8514 AUTOMOBILE 2721.73 2673.87 24295.07 23572.53 19960.37 19685.68 3295.13 3242.62 1490.12 1459.88 4580.42 4385.18 320.50 309.75 506.43 489.27 CEMENT & CEMENT PRODUCTS 1636.18 1621.12 264.35 261.50
ACC AMBUJACEM GRASIM ULTRACEMCO
1659.37 267.85
LT
1626.62
ASIANPAINT HINDUNILVR ITC
1054.87 973.33 256.28
BPCL GAIL NTPC ONGC
573.18 412.22 169.38 249.78
4928.10 4739.05 3587.37 3503.23 CONSTRUCTION 1606.23 1574.62 CONSUMER GOODS 1040.38 1023.42 957.42 935.53 252.57 248.83 ENERGY 563.97 553.78 402.98 389.77 162.82 152.83 240.02 231.78
POWERGRID RELIANCE TATAPOWER
175.82 1041.73
170.03 1026.97
AXISBANK
587.92 174.75
73.60 72.35 FINANCIAL SERVICES 576.48 559.02 169.50 163.55
1255.20 1416.00
1239.45 1390.05
1210.25 1344.05
1194.50 1318.10
1165.30 1272.10
283.98 1171.93
274.87 1149.37
260.73 1124.93
251.62 1102.37
237.48 1077.93
804.65
788.40
767.75
751.50
730.85
241.83 1220.60
236.67 1199.90
229.33 1165.50
224.17 1144.80
216.83 1110.40
BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
5034.60 3643.38
75.55
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 18 JULY TO 22 JULY 16
BHEL
152.63
HCLTECH INFY
WIPRO
749.13 1250.92 2567.82 530.12 586.43
ZEEL
490.45
COALINDIA HINDALCO
334.22
TCS TECHM
TATASTEEL
INDUSTRIAL MANUFACTURING 147.62 141.98 IT 733.32 724.18 1161.73 1106.87 2506.58 2466.57 517.08 510.77 570.47 561.83 MEDIA & ENTERTAINMENT 481.20 464.75 METALS 326.53 319.92
146.97 410.40
142.18 391.65
136.97
131.33
708.37 1017.68 2405.33 497.73 545.87
699.23 962.82 2365.32 491.42 537.23
455.50
439.05
312.23
305.62
135.12 355.65
130.33 336.90
123.27 300.90
217.38
211.12
201.73
769.63 517.22 3594.00 1666.13 776.45
748.27 506.18 3549.00 1644.32 758.05
735.03 495.97 3510.00 1618.48 745.70
372.30 351.95 108.45
364.65 345.10 105.25
350.40 336.90 99.40
SERVICES ADANIPORTS
233.03
226.77
AUROPHARMA CIPLA
804.23 538.47 3678.00 1713.78 807.20
782.87 527.43 3633.00 1691.97 788.80
394.20 367.00 117.50
386.55 360.15 114.30
PHARMA
DRREDDY LUPIN SUNPHARMA
TELECOM BHARTIARTL INFRATEL IDEA
Weekly Top gainers stocks Script Symbol Previous Close TATASTEEL 318.35 ICICIBANK 241.95 IDEA 102 HINDALCO 126.85 MARUTI 4161.80
Current Price 372.90 265.75 111.10 137.40 4472.05
% Change 17.14% 9.84% 8.92% 8.32% 7.45%
In Points 54.55 23.80 9.10 10.55 310.25
Weekly Top losers stocks Script Symbol Previous Close INFY 1158.20 AUROPHARMA 778.95 TATAPOWER 73.20 WIPRO 561.65 SUNPHARMA 777.50
Current Price 1072.55 761.50 71.65 554.50 770.40
% Change -7.40% -2.24% -2.12% -1.27% -0.91%
In Points -85.65 -17.45 -1.55 -7.15 -7.10
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WEEKLY TECHNICAL REPORT 18 JULY TO 22 JULY 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
15/JULY/2016
5823.5
4362.24
1461.26
14/JULY/2016
3861.29
2991.45
869.84
13/JULY/2016
5041.83
4751.30
290.53
12/JULY/2016
4115.94
3903.02
212.92
11/JULY/2016
4865.31
3809.51
1055.80
DATE
Buy Value
Sell Value
Net Value
15/JULY/2016
2439.65
3473.62
-1033.97
14/JULY/2016
1445.86
2320.01
-874.15
13/JULY/2016
1912.86
2567.59
-654.73
12/JULY/2016
2150.98
2031.71
119.27
11/JULY/2016
1519.64
2130.21
-610.57
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
28/JULY/2016
CE
8600
314219
5574075
28/JULY/2016
CE
8700
209212
5382000
28/JULY/2016
CE
8500
143460
4063650
28/JULY/2016
PE
8500
269083
4057875
28/JULY/2016
PE
8400
207224
5673375
28/JULY/2016
PE
8300
144754
4055925
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
21/JULY/2016
CE
19000
61637
220160
21/JULY/2016
CE
19200
42190
125720
28/JULY/2016
CE
19000
35016
406240
21/JULY/2016
PE
18500
45726
247200
21/JULY/2016
PE
18700
44280
246640
21/JULY/2016
PE
18600
35744
137200
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 18 JULY TO 22 JULY 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
16 JULY 16
JETAIRWAYS
SELL BELOW
555
530-505
9 JULY 16
RELIANCE
SELL ON RISE
980-982
940-900
OPEN
2 JULY 16
GAIL
BUY ON DEEP
390-392
406-422
OPEN
17 JUN 16
HDFC
BUY ON DEEP
1220-1210
1260-1300
ALL 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
ALL 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
BP AT 1500
2 APR 16
TATAMOTORS
BUY ON DEEP
378-380
395-412
1ST TARGET ACHIEVED
1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 2ND TARGET AT 57.85
* 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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