EQUITY TECHNICAL REPORT WEEKLY [19 JUN to 23 JUN 2017]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 19 JUN TO 23 JUN 17
NIFTY 50 9588.05 (-65.45) (-0.68%) The benchmark Index Nifty opened with a negative note on Monday. as investors seemed unenthusiastic by the revised rates on 66 items by the GST Council in its 16th meeting on Sunday and await the macroeconomic data to be released later. Next meeting will held on 18th June 2017. On Tuesday, The Nifty was traded in a narrow range and the Nifty closed at 9606 down by 9 points. On Wednesday, The Nifty managed to close in the green after making a low of 9580. The Index recovered by 38 points from its day low in the second half of trading session. Nifty closed at the 9618 level, up by 11 points. In a more recent development regarding the decision of nonperforming assets, the Reserve Bank of India (RBI) has recognized 12 bad accounts for instant resolution under the Insolvency and Bankruptcy Code (IBC). RBI did not disclose the names of bad accounts. The Internal Advisory Committee (IAC) noted that under the recommended criterion, 12 accounts totaling about 25% of the current gross NPAs of the banking system would qualify for immediate reference under the IBC. On Thursday, The Nifty opened at 9618 and closed at 9578 after making a low of 9561.The Index closed 40 points down from Wednesday close and the Nifty finally closed below the 9600 mark, which is not a good sign. On Friday, The last Trading day of the week; The Nifty opened with a positive note. Nifty had gained over 38 points, but has ended in the red. The Nifty close below 9600 at 9588. The benchmark Index Nifty50 (spot) opened the week at 9646.70 made a high of 9654.15. low of 9560.8 and closed the week at 9588.05. Thus the Nifty closed the week with a losing of -65.45 points or 0.68%.
Formations 
The 20 days EMA are placed at 9573.74

The 5 days EMA are placed at 9602.57
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Future Outlook:
The Nifty daily chart is bearish trend. we advised to sell Nifty future below 9575 then target will be 9500-9400. Nifty upside weekly Resistance is 9650-9700 level. On the downside strong support at 9550-9500 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 19 JUN TO 23 JUN 17
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2891.80 25102.43 30202.57 3859.68 1488.47 7527.97 299.25 474.28
ACC AMBUJACEM GRASIM ULTRACEMCO
1686.47 243.78 1155.92 4205.87
LT
1806.97
ASIANPAINT HINDUNILVR ITC
1175.83 1137.27 315.63
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
727.13 393.78 164.67 173.02 217.52 1450.00 80.87
9641 9601 AUTOMOBILE 2850.80 2825.40 24784.87 24192.43 29474.73 28989.87 3821.62 3781.93 1437.88 1408.37 7395.93 7322.97 290.75 281.50 465.02 455.98 CEMENT & CEMENT PRODUCTS 1662.53 1623.52 240.52 235.28 1137.03 1114.32 4165.58 4096.32 CONSTRUCTION 1766.83 1737.87 CONSUMER GOODS 1160.62 1143.43 1114.53 1098.77 311.22 305.18 ENERGY 700.47 681.98 386.07 379.53 162.63 159.22 170.08 167.97 213.73 209.37 1419.40 1365.20 79.38 78.02
521.52 177.87 1709.88 1703.78 326.10 1541.87 1007.55 290.42 1541.77
FINANCIAL SERVICES 515.98 508.77 172.78 169.92 1689.57 1671.58 1672.32 1650.73 321.30 317.60 1520.38 1502.77 995.10 977.65 288.18 284.77 1492.63 1461.82
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
9694
Resistance1
Pivot
Support 1
Support 2
9548
9508
2784.40 23874.87 28262.03 3743.87 1357.78 7190.93 273.00 446.72
2759.00 23282.43 27777.17 3704.18 1328.27 7117.97 263.75 437.68
1599.58 232.02 1095.43 4056.03
1560.57 226.78 1072.72 3986.77
1697.73
1668.77
1128.22 1076.03 300.77
1111.03 1060.27 294.73
655.32 371.82 157.18 165.03 205.58 1334.60 76.53
636.83 365.28 153.77 162.92 201.22 1280.40 75.17
503.23 164.83 1651.27 1619.27 312.80 1481.28 965.20 282.53 1412.68
496.02 161.97 1633.28 1597.68 309.10 1463.67 947.75 279.12 1381.87
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 19 JUN TO 23 JUN 17
BHEL
143.27
HCLTECH INFY TCS TECHM WIPRO
877.20 980.02 2559.43 410.10 272.15
ZEEL
532.18
INDUSTRIAL MANUFACTURING 140.78 138.72
136.23
134.17
830.45 928.18 2353.17 380.20 249.80
821.90 916.12 2306.63 370.10 244.35
501.37
494.18
257.07 198.15 505.13
251.63 192.00 496.07
247.57 188.75 490.18
361.03
355.67
348.18
637.87 542.33 2671.87 1143.20 534.35
612.23 529.47 2622.78 1092.40 516.70
570.77 522.18 2562.97 1053.75 504.25
365.75 378.53 77.93
359.70 367.22 76.12
354.55 359.33 74.48
IT 858.10 960.13 2479.57 400.20 263.70
849.55 948.07 2433.03 390.10 258.25
MEDIA & ENTERTAINMENT 520.37 513.18 METALS
COALINDIA HINDALCO TATASTEEL
266.57 207.55 520.08
261.13 201.40 511.02 SERVICES
ADANIPORTS
373.88
368.52
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
704.97 562.48 2780.77 1232.65 564.45
679.33 549.62 2731.68 1181.85 546.80
BHARTIARTL INFRATEL IDEA
376.95 397.73 81.38
370.90 386.42 79.57
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close AUROPHARMA 608.60 RELIANCE 1335.70 BOSCHLTD 23863.45 DRREDDY 2628.80 NTPC 157.80
Current Price 653.70 1388.80 24467.30 2682.60 160.60
% Change 7.41% 3.98% 2.53% 2.05% 1.77%
In Points 45.10 53.10 603.85 53.80 2.80
Weekly Top losers stocks Script Symbol Previous Close TCS 2507.00 BPCL 703.75 IOC 420.05 BANKBARODA 173.75 EICHERMOT 29764.85
Current Price 2399.70 673.80 404.60 167.70 28746.90
% Change -4.28% -4.26% -3.68% -3.48% -3.42%
In Points 107.30 -29.95 -15.45 -6.05 -1017.95
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WEEKLY TECHNICAL REPORT 19 JUN TO 23 JUN 17 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
16/JUN/2017
7936.21
8700.69
-764.48
15/JUN/2017
4998.79
5644.14
-645.35
14/JUN/2017
6715.41
6876.54
-161.13
13/JUN/2017
3941.55
4253.95
-312.40
12/JUN/2017
3279.42
3448.67
-169.25
DATE
Buy Value
Sell Value
Net Value
16/JUN/2017
3555.73
2664.82
890.91
15/JUN/2017
3015.31
2160.46
854.85
14/JUN/2017
2760.90
2689.25
71.65
13/JUN/2017
2480.57
2175.99
304.58
12/JUN/2017
2395.15
2458.26
-63.11
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
29/JUN/2017
CE
9700
193503
7602825
29/JUN/2017
CE
9600
176879
5413500
29/JUN/2017
CE
9800
131399
4953600
29/JUN/2017
PE
9600
179801
5863275
29/JUN/2017
PE
9500
142588
7033125
29/JUN/2017
PE
9400
84563
5173800
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
22/JUN/2017
CE
23500
102171
322120
22/JUN/2017
CE
23600
80568
275920
22/JUN/2017
CE
23700
69193
286680
22/JUN/2017
PE
23400
86887
242840
22/JUN/2017
PE
23300
80465
302880
22/JUN/2017
PE
23000
58877
410400
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 19 JUN TO 23 JUN 17 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
17 JUN 17
TVSMOTORS
BUY AROUND
550
572-600
OPEN
3 JUN 17
AUROPHARMA
BUY AROUND
590
614-640
ALL TARGET ACHIEVED
20 MAY 17
BHARTIARTL
BUY AROUND
372
388-402
OPEN
13 MAY 17
AXISBANK
SELL BELOW
500
480-450
OPEN
6 MAY 17
VOLTAS
BUY ON DEEP
422
439-456
29 APR 17
IDFC
BUY ON DEEP
62
65-68
22 APR 17
RELIANCE
BUY ON DEEP
1400
1455-1525
14 APR 17
TATAELXSI
BUY ABOVE
1550
1612-1675
8 APR 17
AXISBANK
BUY ON DEEP
505-503
525-560
1 APR 17
ACC
BUY ON DEEP
1440
1498-1558
25 MAR 17
COALINDIA
BUY ON DEEP
295-290
307-320
EXIT AT 282.7
18 MAR 17
AUROPHARMA
BUY ON DEEP
698
727-760
EXIT AT 670
11 MAR 17
SUNTV
BUY ABOVE
745
775-805
BOOK AT 770
4 MAR 17
APOLLOTYRE
BUY ON DEEP
182-183
190-198
ALLTARGET ACHIEVED
1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED BOOK AT 1603 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
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