Equity Technical Report (01-05 August)

Page 1

EQUITY TECHNICAL REPORT WEEKLY [1 AUG to 5 AUG 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 1 AUG TO 5 AUG 16

NIFTY 50 8638.50 (97.30) (1.14%) The Week has started on a bullish and nifty break the resistance level of 8600 and made a high at 8641.15 while nifty settled 94 points up at 8635 on Monday. On Tuesday, pull back rally was there in the market. After nifty huge gains on Monday, investors booked profits. On Wednesday, See-saw movement was there in the market. High volatility was seen ahead of F&O expiry on Thursday. The market ended with gains amid a highly volatile trading session. Nifty slipped sharply lower in the first half below the 8600 mark. However, as the day progressed it stabilized and staged a smart recovery in the last half an hour & closed above 8600 level. On Thursday, Volatility was there in the market. The last trading session of the July series of derivative contracts supported the up move. The Nifty closed with a gain of 51 points at 8,666. On Friday, See-saw movement was there in the market. For profit-booking by participants as the August derivatives series began on a negative note. The Nifty50 (spot) opened the week at 8519.95, made a high of 8670.35 low of 8517.20 and closed the week at 8638.50. Thus the Nifty closed the week with a gaining of 97.30 points or 1.14%.

Formations

 The 20 days EMA are placed at 8502.77  The 5 days EMA are placed at 8622.12

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Future Outlook: The Nifty daily chart is bullish; we advised to buy Nifty future around 8600-8615 target 8680-8780. The Nifty future selling pressure below 8570 and down trend target will be 8480. Next trading the nifty trading range around 8600-8700. Nifty upside weekly Resistance is 8700-8770 level. On the downside strong support 8550-8450 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 1 AUG TO 5 AUG 16

Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)

Resistance2

BAJAJ-AUTO

2824.93 25938.58 24332.82 3344.08 1504.78 5070.53 338.08 519.70

BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS

8768

Resistance1

Pivot

8703 8610 AUTOMOBILE 2762.87 2692.03 25457.57 24660.08 23396.83 21584.02 3273.62 3213.48 1485.77 1460.88 4914.07 4667.53 330.77 326.68 511.45 505.10 CEMENT & CEMENT PRODUCTS 1718.63 1688.02 278.07 271.18

ACC AMBUJACEM GRASIM ULTRACEMCO

1748.57 284.88

LT

1639.62

ASIANPAINT HINDUNILVR ITC

1211.68 944.12 261.95

BPCL GAIL NTPC ONGC

611.72 405.08 162.65 233.07

4935.40 4878.10 3767.73 3689.87 CONSTRUCTION 1599.23 1574.62 CONSUMER GOODS 1162.92 1105.03 933.33 914.22 257.20 251.75 ENERGY 602.18 592.32 393.42 386.83 160.50 158.25 226.58 223.12

POWERGRID RELIANCE TATAPOWER

186.37 1046.47

181.18 1030.68

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

4976.30 3817.27

74.43

173.67 1019.02

Support 1

Support 2

8546

8453

2629.97 24179.07 20648.03 3143.02 1441.87 4511.07 319.37 496.85

2559.13 23381.58 18835.22 3082.88 1416.98 4264.53 315.28 490.50

1658.08 264.37

1627.47 257.48

4837.20 3640.33

4779.90 3562.47

1534.23

1509.62

1056.27 903.43 247.00

998.38 884.32 241.55

582.78 375.17 156.10 216.63

572.92 368.58 153.85 213.17

168.48 1003.23

160.97 991.57

70.57

69.13

581.98 162.97

73.22 71.78 FINANCIAL SERVICES 564.07 541.28 157.33 153.12

523.37 147.48

500.58 143.27

1265.73 1437.90

1255.97 1406.20

1241.48 1378.30

1231.72 1346.60

1217.23 1318.70

279.57 1225.98

271.23 1200.82

265.67 1166.83

257.33 1141.67

251.77 1107.68

788.43

775.97

760.73

748.27

733.03

238.27 1288.48

233.83 1252.72

228.27 1200.23

223.83 1164.47

218.27 1111.98

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 1 AUG TO 5 AUG 16

BHEL

156.57

HCLTECH INFY

WIPRO

779.58 1111.28 2715.77 524.92 567.35

ZEEL

524.87

COALINDIA HINDALCO

339.37

TCS TECHM

TATASTEEL

INDUSTRIAL MANUFACTURING 151.23 145.92 IT 766.27 745.63 1092.57 1077.78 2667.53 2586.67 506.43 494.27 556.20 545.60 MEDIA & ENTERTAINMENT 511.08 486.57 METALS 333.68 328.72

139.72 385.92

136.63 370.48

140.58

135.27

732.32 1059.07 2538.43 475.78 534.45

711.68 1044.28 2457.57 463.62 523.85

472.78

448.27

323.03

318.07

133.82 359.57

130.73 344.13

127.92 333.22

229.35

225.20

218.00

790.63 525.30 3146.53 1719.55 818.92

775.42 515.10 2713.92 1689.10 798.03

759.38 502.80 2492.48 1638.35 766.12

368.10 389.87 105.97

354.40 366.03 102.73

346.75 336.67 100.77

SERVICES ADANIPORTS

240.70

236.55

AUROPHARMA CIPLA

821.88 547.80 3800.58 1800.75 871.72

806.67 537.60 3367.97 1770.30 850.83

389.45 443.07 111.17

375.75 419.23 107.93

PHARMA

DRREDDY LUPIN SUNPHARMA

TELECOM BHARTIARTL INFRATEL IDEA

Weekly Top gainers stocks Script Symbol Previous Close EICHERMOT 19812.50 INFRATEL 361.80 MARUTI 4414.70 ZEEL 464.50 ASIANPAINT 1047.05

Current Price 22460.85 395.40 4757.60 497.30 1114.15

% Change 13.37% 9.29% 7.77% 7.06% 6.41%

In Points 2648.35 33.60 342.90 32.80 67.10

Weekly Top losers stocks Script Symbol Previous Close DRREDDY 3599.85 TECHM 504.90 GAIL 394.75 TATASTEEL 365.45 IDEA 106.70

Current Price 2935.35 487.95 381.75 355.05 104.70

% Change -18.46% -3.36% -3.29% -2.85% -1.87%

In Points -664.50 -16.95 -13.00 -10.40 -2.00

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WEEKLY TECHNICAL REPORT 1 AUG TO 5 AUG 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

29/JUL/2016

5566.32

5580.34

-14.02

28/JUL/2016

8470.01

6702.95

1767.06

27/JUL/2016

4862.01

4457.32

404.69

26/JUL/2016

5488.54

4717.65

670.89

25/JUL/2016

5020.39

4129.38

891.01

DATE

Buy Value

Sell Value

Net Value

29/JUL/2016

2407.01

2258.67

148.34

28/JUL/2016

2770.94

3845.41

-1074.47

27/JUL/2016

2554.71

2707.18

-152.47

26/JUL/2016

1902.21

2320.50

-418.29

25/JUL/2016

1823.28

1891.17

-67.89

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

25/AUG/2016

CE

8800

101873

3310950

25/AUG/2016

CE

8700

97907

2768325

25/AUG/2016

CE

9000

73305

4758225

25/AUG/2016

PE

8600

109448

2651625

25/AUG/2016

PE

8500

86385

3925500

25/AUG/2016

PE

8400

59199

2476350

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

4/AUG/2016

CE

19500

48187

403080

4/AUG/2016

CE

19200

35989

184760

4/AUG/2016

CE

19300

30799

137320

4/AUG/2016

PE

19000

39031

208120

4/AUG/2016

PE

18500

35841

182680

4/AUG/2016

PE

18800

35346

231040

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WEEKLY TECHNICAL REPORT 1 AUG TO 5 AUG 16 Weekly Recommendations: DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

30 JULY 16

RELCAPITAL

BUY ON DEEP

440-442

458-480

OPEN

23 JULY 16

ITC

BUY ABOVE

254

265-275

OPEN

16 JULY 16

JETAIRWAYS

SELL BELOW

555

530-505

EXIT AT 580

9 JULY 16

RELIANCE

SELL ON RISE

980-982

940-900

NOT EXECUTED

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

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

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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