EQUITY TECHNICAL REPORT WEEKLY [29 AUG to 2 SEP 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 29 AUG TO 2 SEP 16
NIFTY 50 8572.55 (-94.35) (-1.09%) The week has started with a flat note nifty close with a losing of 37 points at 8629 on Monday. On Tuesday, the market ended the session on a flat note, Nifty managed to close above its critical psychological level of 8600. On Wednesday, See-saw movement was there in the market. The market swung between gains and losses and closed higher for the second consecutive session. Volatility continued ahead of expiry of August futures & options contracts. On Thursday, F&O Expiry day and the market had seen huge volatility. Technically, Indian Stock Market had entered into negative zone Nifty has seen some strong support at 8600 levels. On Friday, The market closed the first day of the September F&O contracts lower as investors await the commentary from U.S. Fed on how aggressively it plans to raise rates. The Nifty declined 0.2 percent to 8572. The Nifty ended below the support level of 8600. The Nifty50 (spot) opened the week at 8667, made a high of 8684.85 low of 8547.55 and closed the week at 8572.55. Thus the Nifty closed the week with a losing of -94.35 points or -1.09%. Formations
 The 20 days EMA are placed at 8608.61  The 5 days EMA are placed at 8608.74
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Future Outlook: The Nifty daily chart is consolidated; we advised to if Nifty future trade above at 8685 than buy and target will be 8775. If nifty future trade below 8550 than sell target will be 8450. Nifty upside weekly Resistance is 8650-8750 level. On the downside strong support 8525-8450 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 29 AUG TO 2 SEP 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO
2989.37 24757.12 22883.47 3399.55 1485.55 5060.17 350.78 531.05
BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
8739
Resistance1
Pivot
8656 8602 AUTOMOBILE 2923.78 2884.42 24226.23 23763.12 22607.23 22077.27 3352.20 3318.60 1455.20 1431.60 4990.53 4895.27 340.17 327.08 517.40 501.70 CEMENT & CEMENT PRODUCTS 1681.88 1652.32 274.93 268.57
ACC AMBUJACEM GRASIM ULTRACEMCO
1725.57 283.72
LT
1534.13
ASIANPAINT HINDUNILVR ITC
1154.00 946.70 258.53
BPCL GAIL NTPC ONGC
624.78 397.63 172.87 247.33
4630.85 4552.60 3901.60 3828.80 CONSTRUCTION 1480.67 1450.53 CONSUMER GOODS 1138.65 1114.85 925.60 912.80 256.17 252.63 ENERGY 610.27 590.88 388.12 375.48 165.38 161.32 242.87 239.43
POWERGRID RELIANCE TATAPOWER
186.93 1047.03
183.87 1037.47
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
4728.25 3999.75
81.58
181.93 1021.23
Support 1
Support 2
8518
8464
2818.83 23232.23 21801.03 3271.25 1401.25 4825.63 316.47 488.05
2779.47 22769.12 21271.07 3237.65 1377.65 4730.37 303.38 472.35
1608.63 259.78
1579.07 253.42
4455.20 3730.65
4376.95 3657.85
1397.07
1366.93
1099.50 891.70 250.27
1075.70 878.90 246.73
576.37 365.97 153.83 234.97
556.98 353.33 149.77 231.53
178.87 1011.67
176.93 995.43
73.32
70.88
601.70 168.03
78.67 76.23 FINANCIAL SERVICES 594.05 586.35 163.17 160.38
578.70 155.52
571.00 152.73
1280.77 1409.45
1268.93 1387.90
1254.97 1368.45
1243.13 1346.90
1229.17 1327.45
259.57 1219.35
252.43 1191.45
247.82 1175.40
240.68 1147.50
236.07 1131.45
799.73
790.27
779.53
770.07
759.33
265.50 1364.60
256.05 1345.55
250.95 1332.30
241.50 1313.25
236.40 1300.00
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 29 AUG TO 2 SEP 16
BHEL
151.45
HCLTECH INFY
WIPRO
822.92 1083.42 2636.78 482.05 534.00
ZEEL
535.33
COALINDIA HINDALCO
341.53
TCS TECHM
TATASTEEL
INDUSTRIAL MANUFACTURING 145.45 140.40 IT 800.83 782.92 1051.83 1030.47 2580.87 2549.03 471.00 463.45 512.00 500.00 MEDIA & ENTERTAINMENT 520.67 510.93 METALS 337.42 333.38
160.17 400.28
157.83 384.87
134.40
129.35
760.83 998.88 2493.12 452.40 478.00
742.92 977.52 2461.28 444.85 466.00
496.27
486.53
329.27
325.23
155.67 376.08
153.33 360.67
151.17 351.88
264.17
248.63
239.57
775.05 564.62 3033.80 1528.68 764.33
745.30 554.68 2989.60 1489.42 743.67
700.65 542.12 2938.80 1466.73 732.08
350.13 344.53 96.38
341.92 339.62 90.77
339.88 332.38 87.58
SERVICES ADANIPORTS
288.77
273.23
AUROPHARMA CIPLA
849.45 587.12 3128.80 1590.63 796.58
819.70 577.18 3084.60 1551.37 775.92
360.38 356.68 105.18
352.17 351.77 99.57
PHARMA
DRREDDY LUPIN SUNPHARMA
TELECOM BHARTIARTL INFRATEL IDEA
Weekly Top gainers stocks Script Symbol Previous Close GAIL 363.85 AUROPHARMA 765.05 EICHERMOT 21777.30 CIPLA 556.80 INFRATEL 342.35
Current Price 378.60 789.95 22331.00 567.25 346.85
% Change 4.05% 3.25% 2.54% 1.88% 1.31%
In Points 14.75 24.90 553.70 10.45 4.50
Weekly Top losers stocks Script Symbol Previous Close WIPRO 520.10 TATASTEEL 392.15 ADANIPORT 273.05 NTPC 166.75 SBIN 258.50
Current Price 490.00 369.45 257.70 157.90 246.60
% Change -5.79% -5.79% -5.62% -5.31% -4.60%
In Points -30.10 -22.70 -15.35 -8.85 -11.90
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WEEKLY TECHNICAL REPORT 29 AUG TO 2 SEP 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
25/AUG/2016
3110.76
2769.41
341.35
24/AUG/2016
5619.37
5991.45
-372.08
24/AUG/2016
3092.45
3131.75
-39.28
23/AUG/2016
3587.31
3587.50
-0.19
22/AUG/2016
3310.95
3611.45
-300.50
DATE
Buy Value
Sell Value
Net Value
25/AUG/2016
1734.67
2001.10
-266.43
24/AUG/2016
2996.01
3353.03
-357.02
24/AUG/2016
2186.71
2057.53
129.18
23/AUG/2016
1729.99
2181.86
-451.87
22/AUG/2016
1778.26
1725.76
52.5
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
29/SEP/2016
CE
8700
135404
3585600
29/SEP/2016
CE
8800
113435
3250200
29/SEP/2016
CE
8900
80052
2872875
29/SEP/2016
PE
8600
140913
3250350
29/SEP/2016
PE
8500
124932
4782600
29/SEP/2016
PE
8400
112768
4079700
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
01/SEP/2016
CE
19500
79555
380400
01/SEP/2016
CE
19400
64222
280400
01/SEP/2016
CE
19300
51040
140160
01/SEP/2016
PE
19000
81601
434280
01/SEP/2016
PE
19200
65219
233840
01/SEP/2016
PE
19100
59381
189560
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 29 AUG TO 2 SEP 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
27 AUG 16
DLF
SELL BELOW
159.50
153-146
13 AUG 16
HINDALCO
BUY ON DEEP
145-142
152-160
6 AUG 16
BHARATFORG
BUY ON DEEP
800-795
835-875
30 JULY 16
RELCAPITAL
BUY ON DEEP
440-442
458-480
23 JULY 16
ITC
BUY ABOVE
254
265-275
BOOK AT 262
16 JULY 16
JETAIRWAYS
SELL BELOW
555
530-505
EXIT AT 580
2 JULY 16
GAIL
BUY ON DEEP
390-392
406-422
EXIT AT 370
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
(OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)
1ST TARGET ACHIEVED ALL TARGET ACHIEVED
1ST TARGET ACHIEVED 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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