Equity Technical Weekly Report

Page 1

EQUITY TECHNICAL REPORT WEEKLY [29 FEB to 4 MAR 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 29 FEB TO 4 MAR 16

NIFTY 50 7029.75 (-181.00)

(-2.51%)

Last Week Nifty opened with flat note; nifty made a high at 7252 and create a strong resistance at 7250 on Monday. On Wednesday, highly volatile trading session of market due to a ahead of F&O expiry, nifty fall over 1.2% selling pressure continues to weigh the market down. On Thursday bull were failure to hold the nifty support level at 7000 and made a low at 6961. Nifty fell for the third straight day after the rail budget 2016. The expiry of monthly derivatives contracts; Railway Minister Mr. Suresh Prabhu failed to enthuse markets with Rail Budget 2016. Week ended a positive note, nifty higher in trades On Friday. Upcoming Monday the budget is going to be announced very volatile trading session we are expecting for Monday. There are no clear indications as yet to suggest that it is going to be final bottom bullish market. The nifty ended; concluded week with a losing of (-2.51%) or (181) over the previous week’s closing. Formations

 The 20 days EMA are placed at 7192.37  The 5 days EMA are placed at 7053.76

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Future Outlook: The Nifty daily chart is consolidated; if Nifty is trading above 7100 than next resistance level at 7250. If Nifty trading below at 6970 than next support level at 6900-6800. Upside weekly Resistance is 7200-7375 level. The Nifty weekly strong support is 6900-6800 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 29 FEB TO 4 MAR 16

Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50

Resistance2

BAJAJ-AUTO BOSCHLTD HEROMOTOCO M&M MARUTI TATAMOTORS

2578.13 18145.65 2802.43 1278.88 3644.27 336.13

7372

ACC AMBUJACEM GRASIM ULTRACEMCO

1325.27 201.40 3603.27 3005.58

LT

1206.55

ASIANPAINT HINDUNILVR ITC

899.18 887.07 311.18

BPCL CAIRN GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

803.47 139.57 342.70 139.72 224.62 145.85 980.65 60.72

AXISBANK

408.95 148.45 1022.87 1095.28 209.50 876.22 658.52 81.73 173.70 745.12

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

Resistance1

Pivot

7200 7081 AUTOMOBILE 2408.12 2314.98 17428.40 16769.70 2678.92 2605.28 1254.47 1224.58 3526.73 3450.92 318.97 307.58 CEMENT & CEMENT PRODUCTS 1258.08 1220.12 195.20 190.80 3451.93 3342.47 2888.27 2819.13 CONSTRUCTION 1158.60 1120.30 CONSUMER GOODS 880.87 867.43 868.48 847.42 301.07 292.53 ENERGY 784.08 757.62 131.68 125.42 323.40 310.65 130.63 123.77 220.33 214.27 139.75 135.40 965.55 953.20 59.13 57.87 FINANCIAL SERVICES 397.65 387.45 140.60 133.65 991.93 965.07 1074.52 1042.98 197.15 188.95 846.28 825.52 637.13 620.82 77.12 73.18 164.80 157.90 715.83 691.22

Support 1

Support 2

6910

6790

2144.97 16052.45 2481.77 1200.17 3333.38 290.42

2051.83 15393.75 2408.13 1170.28 3257.57 279.03

1152.93 184.60 3191.13 2701.82

1114.97 180.20 3081.67 2632.68

1072.35

1034.05

849.12 828.83 282.42

835.68 807.77 273.88

738.23 117.53 291.35 114.68 209.98 129.30 938.10 56.28

711.77 111.27 278.60 107.82 203.92 124.95 925.75 55.02

376.15 125.80 934.13 1022.22 176.60 795.58 599.43 68.57 149.00 661.93

365.95 118.85 907.27 990.68 168.40 774.82 583.12 64.63 142.10 637.32

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 29 FEB TO 4 MAR 16

BHEL

108.40

HCLTECH INFY TCS TECHM WIPRO

874.82 1164.65 2403.73 454.45 559.57

ZEEL

402.93

INDUSTRIAL MANUFACTURING 101.75 96.55

89.90

84.70

799.63 1100.25 2149.77 405.20 519.03

774.62 1079.35 2089.03 392.65 507.57

373.17

365.23

306.72 69.10 72.30 251.07

297.43 66.35 68.85 240.53

283.42 63.25 65.90 232.62

202.42

193.13

186.17

522.30 3033.08 1754.97 873.32

511.70 2917.17 1689.83 848.18

499.40 2840.28 1652.92 824.47

323.28 106.65

311.67 102.35

305.38 99.05

IT 849.73 1142.90 2307.12 436.10 545.03

824.72 1122.00 2246.38 423.55 533.57

MEDIA & ENTERTAINMENT 392.02 384.08 METALS

COALINDIA HINDALCO VEDL TATASTEEL

330.02 74.95 78.70 269.52

320.73 72.20 75.25 258.98 SERVICES

ADANIPORTS

218.67

209.38

CIPLA DRREDDY LUPIN SUNPHARMA

545.20 3225.88 1857.02 922.17

534.60 3109.97 1791.88 897.03

BHARTIARTL IDEA

341.18 114.25

329.57 109.95

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol HINDUNILVR ONGC ASIANPAINT SUNPHARMA RELIANCE

Previous Close 827.60 211.15 854.70 864.20 944.35

Current Price 849.9 216.05 862.55 871.90 950.35

% Change 2.69% 2.32% 0.92% 0.89% 0.64%

In Points 22.30 4.90 7.85 7.70 6.00

Current Price 2238.10 184.80 1190.90 304.10 95.10

% Change -8.86% -7.04% -6.82% -6.67% -6.54%

In Points -217.70 -14.00 -87.10 -21.75 -6.65

Weekly Top losers stocks Script Symbol BAJAJAUTO ICICIBANK ACC GAIL BHEL www.zoidresearch.com

Previous Close 2455.80 198.80 1278.00 325.85 101.75

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 29 FEB TO 4 MAR 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

26/FEB/2016

2807.45

3502.82

-695.37

25/FEB/2016

4959.80

6425.48

-1465.48

24/FEB/2016

2953.79

3684.78

-730.99

23/FEB/2016

3356.14

3645.80

-289.66

22/FEB/2016

2617.38

3274.31

-656.93

DATE

Buy Value

Sell Value

Net Value

26/FEB/2016

2043.48

1259.34

784.14

25/FEB/2016

2569.20

1762.23

806.97

24/FEB/2016

1484.16

878.28

605.88

23/FEB/2016

1385.32

1127.39

257.93

22/FEB/2016

1377.85

779.98

597.87

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

23/MAR/2016

CE

7300

152600

3159075

23/MAR/2016

CE

7200

141248

3117725

23/MAR/2016

CE

7400

137591

3210900

23/MAR/2016

PE

6800

114857

3403800

23/MAR/2016

PE

7000

107268

4972100

23/MAR/2016

PE

6900

101166

2740800

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

23/MAR/2016

CE

14500

45113

431760

23/MAR/2016

CE

15000

41321

550020

23/MAR/2016

CE

14000

28664

197760

23/MAR/2016

PE

13000

35452

295320

23/MAR/2016

PE

13500

32553

369120

23/MAR/2016

PE

12500

23271

183060

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 29 FEB TO 4 MAR 16 Weekly Recommendations: DATE

SYMBOL

STRATEGY

ENTRY

TARGET

27 FEB 16

CROMPGREAV

BUY ABOVE

130

136-145

20 FEB 16

ADANIPORT

BUY ON DEEP

210-208

219-222

STATUS

OPEN ST

1 TARGET ACHIEVED 1ST TARGET ACHIEVED

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

9 JAN 16

DLF

SELL BELOW

107

102

26 DEC 15

VEDL

BUY ON DEEP

92

95.50

19 DEC 15

CROMPGREAV

BUY ON DEEP

188-187

194-202

28 NOV 15

ZEEL

BUY ON DEEP

410

425-444

21 NOV 15

BHARTIARTL

BUY ON DEEP

340

352

EXIT AT 324

14 NOV 15

AXISBANK

BUY ON DEEP

485-487

505

EXIT AT 465

31 OCT 15

YESBANK

BUY ON DEEP

755-760

785

TARGET ACHIEVED

17 OCT 15

CENTURYTEX

BUY ON DEEP

555-558

578

BP AT 572

TARGET ACHIEVED TARGET ACHIEVED ALL 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

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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ZOID RESEARCH TEAM


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