EQUITY TECHNICAL REPORT WEEKLY [20 MAR to 24 MAR 2017]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 20 MAR TO 24 MAR 17
NIFTY 50 9160.05 (225.50) (2.52%) The benchmark Index Nifty had a given a gap up opening of 157 points and hit its all time high at 9122 on Tuesday. as investors saw the BJP government win in India biggest state UP. The BJP government got 325 seats out of 403 seats. The Nifty gained 1.5 percent on Tuesday. We had recommended on last week research report (see our weekly report 13 MAR 2017 TO 17 MAR 2017) [we advised to Nifty future buy above 9000 targets will be 9100-9250. OUR TARGET ACHIEVED ON TUESDAY 14/MAR/2017 NIFTY MADE HIGH AT 9122.75]. On Wednesday, the Indian benchmark index Nifty traded in a short range of 31 points. After a big rally on Tuesday and Market closed flat with a negative bias. On Thursday, Indian benchmark index Nifty rose as much as 0.85% to a record high of 9152 and nifty continues following the buying trend and Tracking positive global cues. On Friday, The benchmark Index Nifty settled opened with another upside gap above 9200. However, post opening, the stock-specific profit booking was witnessed which led the market breadth marginally in favor of the declines. The benchmark Index Nifty50 (spot) opened the week at 9091.65, made a high of 9218.40 low of 9060.50 and closed the week at 9160.05. Thus the Nifty closed the week with a gaining of 255.50 points or 2.52%.
Formations 
The 20 days EMA are placed at 8949.63

The 5 days EMA are placed at 9094.90
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Future Outlook: The Nifty daily chart is consolidate . we advised to if Nifty future trade above 9200 then targets will be 9300-9400. Or if nifty future trade below 9075 then target will be 8975-8850. Nifty upside weekly Resistance is 9230-9300 level. On the downside strong support at 9075-8975 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 20 MAR TO 24 MAR 17
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2999.73 23638.27 25570.70 3441.63 1377.75 6359.93 299.87 492.13
ACC AMBUJACEM GRASIM ULTRACEMCO
1443.57 239.23 1100.23 4205.20
LT
1606.18
ASIANPAINT HINDUNILVR ITC
1122.35 937.75 302.15
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
661.37 393.65 393.65 196.50 201.27 1336.67 90.12
9232 9146 AUTOMOBILE 2956.12 2905.08 23218.53 22720.27 25131.05 24348.30 3394.27 3364.63 1340.80 1320.40 6276.27 6143.13 293.43 287.57 484.32 476.38 CEMENT & CEMENT PRODUCTS 1427.53 1415.42 236.67 233.83 1070.82 1036.58 4122.50 4011.25 CONSTRUCTION 1579.37 1548.18 CONSUMER GOODS 1100.90 1070.75 920.15 899.60 291.70 278.45 ENERGY 651.73 640.37 384.40 378.60 384.40 378.60 193.25 191.35 197.63 195.07 1318.68 1301.97 88.23 85.32
533.88 174.17 1440.85 1486.20 291.37 1425.52 869.88 283.62 1560.90
FINANCIAL SERVICES 525.52 517.28 169.53 165.02 1433.35 1420.00 1468.70 1441.00 285.98 282.82 1404.53 1374.92 859.07 845.53 278.88 275.77 1534.40 1518.95
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
9304
Resistance1
Pivot
Support 1
Support 2
9074
8988
2861.47 22300.53 23908.65 3317.27 1283.45 6059.47 281.13 468.57
2810.43 21802.27 23125.90 3287.63 1263.05 5926.33 275.27 460.63
1399.38 231.27 1007.17 3928.55
1387.27 228.43 972.93 3817.30
1521.37
1490.18
1049.30 882.00 268.00
1019.15 861.45 254.75
630.73 369.35 369.35 188.10 191.43 1283.98 83.43
619.37 363.55 363.55 186.20 188.87 1267.27 80.52
508.92 160.38 1412.50 1423.50 277.43 1353.93 834.72 271.03 1492.45
500.68 155.87 1399.15 1395.80 274.27 1324.32 821.18 267.92 1477.00
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 20 MAR TO 24 MAR 17
BHEL
178.48
HCLTECH INFY TCS TECHM WIPRO
891.75 1055.43 2628.88 498.92 517.82
ZEEL
533.75
INDUSTRIAL MANUFACTURING 173.57 166.83
161.92
155.18
845.00 1027.77 2484.02 473.13 493.43
824.25 1015.23 2442.28 462.02 482.62
513.65
508.05
293.15 195.00 493.78
284.30 189.65 478.82
279.35 183.10 455.43
319.47
310.03
294.67
611.87 597.85 2739.32 1457.33 704.55
529.73 589.80 2713.63 1439.22 680.05
371.92 582.30 2691.02 1421.88 652.60
353.55 310.12 108.75
337.30 305.23 101.05
327.75 300.77 94.00
IT 878.75 1047.87 2577.32 491.58 511.03
858.00 1035.33 2535.58 480.47 500.22
MEDIA & ENTERTAINMENT 526.50 520.90 METALS
COALINDIA HINDALCO TATASTEEL
306.95 206.90 532.13
298.10 201.55 517.17 SERVICES
ADANIPORTS
344.27
334.83
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
851.82 613.40 2787.62 1492.78 756.50
769.68 605.35 2761.93 1474.67 732.00
BHARTIARTL INFRATEL IDEA
379.35 319.47 123.50
363.10 314.58 115.80
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close ADANIPORT 298.80 TATASTEEL 467.75 ITC 263.45 BHEL 158.10 EICHERMOT 23356.55
Current Price 325.40 502.20 281.25 168.65 24691.40
% Change 8.90% 7.37% 6.76% 6.67% 5.72%
In Points 26.60 34.45 17.80 10.55 1334.85
Weekly Top losers stocks Script Symbol Previous Close COALINDIA 316.30 BHARATIARTL 364.90 ONGC 191.60 GAIL 378.25 TCS 2542.25
Current Price 289.25 346.85 190.00 375.15 2525.75
% Change -8.55% -4.95% -0.84% -0.82% -0.65%
In Points -27.05 -18.05 -1.60 -3.10 -16.60
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WEEKLY TECHNICAL REPORT 20 MAR TO 24 MAR 17 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
17/MAR/2017
11396.65
9864.26
1532.39
16/MAR/2017
5577.13
4217.03
1360.10
15/MAR/2017
5958.40
4817.27
1141.13
14/MAR/2017
10204.74
6116.85
4087.89
DATE
Buy Value
Sell Value
Net Value
17/MAR/2017
2930.00
3641.50
-711.50
16/MAR/2017
3187.22
3275.39
-88.17
15/MAR/2017
3197.36
3070.61
126.75
14/MAR/2017
3208.02
4727.96
-1519.84
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
30/MAR/2017
CE
9200
219632
5763225
30/MAR/2017
CE
9300
158366
4394325
30/MAR/2017
CE
9100
110184
3108900
30/MAR/2017
PE
9100
175782
4760625
30/MAR/2017
PE
9000
154832
5408400
30/MAR/2017
PE
9200
146547
2122200
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
23/MAR/2017
CE
21500
93659
402040
23/MAR/2017
CE
21400
79403
295080
23/MAR/2017
CE
21300
75042
336440
23/MAR/2017
PE
21000
70425
267960
23/MAR/2017
PE
21200
59990
211800
23/MAR/2017
PE
21100
50882
166120
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 20 MAR TO 24 MAR 17 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
18 MAR 17
AUROPHARMA
BUY ON DEEP
698
727-760
OPEN
11 MAR 17
SUNTV
BUY ABOVE
745
775-805
BOOK AT 770
4 MAR 17
APOLLOTYRE
BUY ON DEEP
182-183
190-198
25 FEB 17
HEXAWARE
BUY ON DEEP
221-220
229-240
18 FEB 17
SIEMENS
BUY ON DEEP
1212-1205
1260-1315
11 FEB 17
MOTHERSUMI
BUY ON DEEP
350-352
365-380
4 FEB 17
LICHSGFIN
BUY ON DEEP
550-555
577-605
28 JAN 17
LUPIN
BUY ON DEEP
1490-1500
1560-1620
21 JAN 17
AMBUJACEM
BUY ON DEEP
216-218
226-236
7 JAN 17
MOTHERSUMI
BUY ON DEEP
332-330
345-360
31 DEC 16
VEDL
BUY AROUND
216
225-235
24 DEC 16
SUNPHARMA
BUY ABOVE
625
650-675
17 DEC 16
HDFCBANK
BUY ABOVE
1200
1250-1300
10 DEC 16
HINDALCO
BUY ON DEEP
182-180
189-200
1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED BOOK AT 569 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED EXIT AT 172
* 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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