EQUITY TECHNICAL REPORT WEEKLY [25 APR to 29 APR 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 25 APR TO 29 APR 16
NIFTY 50 7899.30 (48.85) (0.62) Last Week Nifty opened with positive due to the fine start of the result season and the contraction in WPI inflation to -0.85% has smoothed the way forward on Monday. On Tuesday there was a trading holiday due to Mahavir Jayanti. On Wednesday after hitting highest level of Nifty is more than three months earlier in the session. The Markets ended flat amid choppy trades shrug off weak global cues with the Nifty rising 5% in the past six consecutive trading sessions. On Thursday after hitting their highest level in more than three months earlier in the session. The markets ended flat amid choppy trades shrug off weak global cues with the Nifty rising 5% in the past six consecutive trading sessions. On Friday Nifty futures started the session in the red. Nifty made a strong support at 7880 and resistance at 7980. The Nifty50 opened the week at 7908.15, made a high of 7878.45, low of 7842.75 and closed the week at 7899.3. Thus the Nifty closed the week with a gaining of 48.85 points or 0.62% Formations
 The 20 days EMA are placed at 7870.12  The 5 days EMA are placed at 7719.12
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Future Outlook: The Nifty daily chart is bullish; we advised to Buy Nifty future around 7850 target 8000. The Nifty future selling pressure below 7750. Nifty upside weekly Resistance is 8000-8100 level. On the downside strong support at 7835-7770
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 25 APR TO 29 APR 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50
Resistance2
BAJAJ-AUTO
2667.92 20581.37 21044.88 3244.08 1380.17 3948.68 313.65 432.57
BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
8043
Resistance1
Pivot
7971 7907 AUTOMOBILE 2595.03 2537.02 20184.68 19902.32 20607.42 20262.33 3120.57 3036.28 1353.08 1327.62 3882.37 3766.68 308.60 302.65 424.78 412.72 CEMENT & CEMENT PRODUCTS 1460.85 1435.80 231.53 224.02
ACC AMBUJACEM GRASIM ULTRACEMCO
1507.55 242.17
LT
1315.67
ASIANPAINT HINDUNILVR ITC
904.25 915.27 343.43
BPCL GAIL NTPC ONGC
1018.57 382.90 149.22 224.43
4112.12 4039.88 3416.40 3309.60 CONSTRUCTION 1290.38 1249.72 CONSUMER GOODS 887.90 878.65 899.73 891.37 334.62 329.53 ENERGY 992.23 958.62 374.60 366.10 146.43 141.22 220.27 213.18
POWERGRID RELIANCE TATAPOWER
153.38 1085.72
149.72 1062.33
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
4211.23 3561.70
72.85
146.23 1045.82
Support 1
Support 2
7835
7771
2464.13 19505.63 19824.87 2912.77 1300.53 3700.37 297.60 404.93
2406.12 19223.27 19479.78 2828.48 1275.07 3584.68 291.65 392.87
1389.10 213.38
1364.05 205.87
3940.77 3164.30
3868.53 3057.50
1224.43
1183.77
862.30 875.83 320.72
853.05 867.47 315.63
932.28 357.80 138.43 209.02
898.67 349.30 133.22 201.93
142.57 1022.43
139.08 1005.92
68.60
67.25
488.55 174.85
71.40 70.05 FINANCIAL SERVICES 482.20 472.15 168.40 157.45
465.80 151.00
455.75 140.05
1123.18 1144.23
1107.67 1138.07
1089.63 1134.03
1074.12 1127.87
1056.08 1123.83
267.67 1009.23
259.83 995.37
246.97 979.93
239.13 966.07
226.27 950.63
709.57
692.83
675.27
658.53
640.97
212.65 915.52
206.40 895.63
195.25 878.37
189.00 858.48
177.85 841.22
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 25 APR TO 29 APR 16
BHEL
138.32
HCLTECH INFY
WIPRO
874.72 1289.62 2582.75 496.47 625.25
ZEEL
419.00
COALINDIA HINDALCO
298.13
TCS TECHM
TATASTEEL
INDUSTRIAL MANUFACTURING 132.93 129.62 IT 859.93 847.72 1250.43 1228.72 2499.90 2452.05 488.18 480.22 591.60 573.35 MEDIA & ENTERTAINMENT 410.05 402.80 METALS 292.97 283.58
109.70 384.85
105.40 369.25
124.23
120.92
832.93 1189.53 2369.20 471.93 539.70
820.72 1167.82 2321.35 463.97 521.45
393.85
386.60
278.42
269.03
99.95 348.45
95.65 332.85
90.20 312.05
231.38
226.02
221.93
777.30 525.00 3107.95 1565.67 826.50
760.10 513.45 3055.90 1532.63 811.85
741.00 495.55 2969.85 1507.27 803.50
355.73 383.77 118.22
347.12 357.53 114.43
341.13 343.37 111.22
SERVICES ADANIPORTS
240.83
235.47
AUROPHARMA CIPLA
813.60 554.45 3246.05 1624.07 849.50
796.40 542.90 3194.00 1591.03 834.85
370.33 424.17 125.22
361.72 397.93 121.43
PHARMA
DRREDDY LUPIN SUNPHARMA
TELECOM BHARTIARTL INFRATEL IDEA
Weekly Top gainers stocks Script Symbol Previous Close AXISBANK 440.50 TATASTEEL 332.85 BANKBARODA 152.45 HINDALCO 96.30 NTPC 137.15
Current Price 475.50 353.65 161.95 101.10 143.65
% Change 8.02% 6.25% 6.23% 4.98% 4.74%
In Points 35.35 20.80 9.50 4.80 6.50
Weekly Top losers stocks Script Symbol Previous Close HEROMOTOCO 3148.05 WIPRO 584.90 BHEL 133.65 AMBUJACEM 321.10 TCS 2526.20
Current Price 2997.05 557.95 127.55 220.90 2417.05
% Change -4.80% -4.61% -4.56% -4.41% -4.32%
In Points -151.00 -26.95 -6.10 -10.20 -109.15
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 25 APR TO 29 APR 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
22/APR/2016
3701.43
3510.36
191.07
21/APR/2016
5625.66
4820.24
805.42
20/APR/2016
6021.67
6101.77
-80.10
18/APR/2016
6118.62
5140.64
977.98
DATE
Buy Value
Sell Value
Net Value
22/APR/2016
1500.28
1668.92
-168.64
21/APR/2016
2168.30
2102.58
65.72
20/APR/2016
1363.42
1663.51
-300.09
18/APR/2016
1628.89
1942.11
-313.22
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
28/APR/2016
CE
8000
429743
7337850
28/APR/2016
CE
7900
368553
4563675
28/APR/2016
CE
8100
228612
6978375
28/APR/2016
PE
7900
453763
4108275
28/APR/2016
PE
7800
375163
6609600
28/APR/2016
PE
7700
216517
4768425
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
28/APR/2016
CE
17000
99463
682470
28/APR/2016
CE
16500
35796
277440
28/APR/2016
CE
16800
34937
204900
28/APR/2016
PE
16500
98659
446190
28/APR/2016
PE
16000
73573
659490
28/APR/2016
PE
16300
22144
136080
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 25 APR TO 29 APR 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
22 APR 16
PFC
BUY ON DEEP
175-173
182-190
STATUS OPEN 2
14 APR 16
RCOM
BUY ON DEEP
52.75-52.50
55-58
9 APR 16
AJANTPHARM
BUY ON DEEP
1460
1520-1580
ND
TARGET AT 57.85
BP AT 1500 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED
2 APR 16
TATAMOTORS
BUY ON DEEP
378-380
395-412
26 MAR 16
BATAINDIA
BUY ON DEEP
500-498
520-550
19 MAR 16
DLF
BUY ABOVE
108.5
114-120
12 MAR 16
TATAMOTORS
BUY ON DEEP
348-350
365-380
5 MAR 16
SBIN
BUY ON DEEP
180-178
187-199
27 FEB 16
CROMPGREAV
BUY ABOVE
130
136-145
20 FEB 16
ADANIPORT
BUY ON DEEP
210-208
219-222
13 FEB 16
APOLLOTYRE
BUY ON DEEP
148-146
155-165
30 JAN 16
IRB
BUY ON DEEP
240-238
250
23 JAN 16
CENTURYTEX
BUY ON DEEP
520-517
545-570
EXIT AT 500
16 JAN 16
ASIANPAINT
BUY ON DEEP
880-875
915-955
BP AT 907
* 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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