Equity Technical Report (30May- 3June)

Page 1

EQUITY TECHNICAL REPORT WEEKLY [30 MAY to 3 JUN 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 30 MAY TO 3 JUN 16

NIFTY 50 8156.65 (406.95) (5.25%) This week markets open with a positive note. Nifty future opened above the 7780 level but before the closing it came down and closed below the level 7750 at 7744.85 on Monday. On Tuesday, Market was opened with negative mode and also in negative trend, but it does not close below 7715, which was a major support level, that was the reason for reversal of trend in nifty. On Wednesday, the indices closing 2.5 % higher on the back of better than expected earnings and positive global cues. Markets continue to remain strong with banks displaying a spectacular rally. Global cues are definitely supporting and on top of that Skymet came out with the market commentary and raised its monsoon forecast, which is adding to the positive sentiment. The Nifty closed with a gain of 186 points at 7935, Nifty settled above its key 7900 mark. On Thursday, F&O Expiry day and market had seen huge volatility. Technically, Indian Stock Market had entered into positive zone. Nifty has seen some strong resistance near 81008150 levels. If break this level we might see the level around 8200-8250. On Friday, Nifty continues the follow buying trend, and Nifty made a high at 8164.20, and broke the level of 8150 close at 8156.65. The Nifty50 opened the week at 7813.95, made a high of 8164.20 low of 7715.80 and closed the week at 8156.65. Thus the Nifty closed the week with a gaining of 406.95 points or 5.25%.

Formations

 The 20 days EMA are placed at 7867.88  The 5 days EMA are placed at 7990.3 www.zoidresearch.com

Future Outlook: The Nifty daily chart is bullish; we advised to buy Nifty future around 8150 target 8200-8250. The Nifty future selling pressure below 7715 and down target will be 7600. Nifty upside weekly Resistance is 8200-8300 level. On the downside strong support at 7850-7550 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 30 MAY TO 3 JUN 16

Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50

Resistance2

BAJAJ-AUTO

2720.93 23241.80 19292.00 3096.73 1421.07 4336.10 282.97 421.23

BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS

8460

Resistance1

Pivot

Support 1

Support 2

7860

7564

2424.72 20912.20 18207.00 2915.82 1274.63 3972.50 262.43 387.67

2285.73 19877.40 17714.00 2829.13 1215.57 3798.40 253.17 371.43

1461.30 215.40

1399.65 200.55

4240.03 3153.93

4118.82 3059.57

1303.02

1131.13

959.37 827.52 177.87

920.48 793.83 -3.57

920.53 366.72 136.10 204.65

829.07 354.13 132.10 196.30

149.42 959.08

146.43 941.27

142.02 907.83

70.30

68.00

487.93 130.97

463.47 123.33

8309 8012 AUTOMOBILE 2642.32 2503.33 22594.40 21559.60 18996.00 18503.00 3049.62 2962.93 1377.38 1318.32 4241.35 4067.25 277.33 268.07 412.57 396.33 CEMENT & CEMENT PRODUCTS 1543.30 1481.65 238.55 223.70

ACC AMBUJACEM GRASIM ULTRACEMCO

1563.65 246.85

LT

1659.23

ASIANPAINT HINDUNILVR ITC

1040.68 899.63 1045.43

BPCL GAIL NTPC ONGC

1116.17 402.43 146.50 229.50

4433.73 4312.52 3298.83 3204.47 CONSTRUCTION 1567.07 1395.18 CONSUMER GOODS 1019.47 980.58 880.42 846.73 702.37 520.93 ENERGY 1064.08 972.62 390.87 378.28 143.30 139.30 221.25 212.90

POWERGRID RELIANCE TATAPOWER

156.82 1010.33

153.83 992.52

AXISBANK

549.47 148.43

74.85 72.55 FINANCIAL SERVICES 530.93 506.47 143.52 135.88

1226.80 1337.45

1206.80 1296.50

1170.00 1227.45

1150.00 1186.50

1113.20 1117.45

265.08 1157.73

254.12 1130.92

237.23 1085.03

226.27 1058.22

209.38 1012.33

778.72

760.63

726.57

708.48

674.42

224.23 1083.47

210.07 1054.48

188.23 1012.82

174.07 983.83

152.23 942.17

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

4506.22 3349.37

77.10

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 30 MAY TO 3 JUN 16

BHEL

141.87

HCLTECH INFY

WIPRO

778.77 1310.10 2657.62 597.93 559.43

ZEEL

470.23

COALINDIA HINDALCO

287.97

TCS TECHM

TATASTEEL

INDUSTRIAL MANUFACTURING 134.98 125.32 IT 768.18 749.12 1278.80 1228.20 2615.13 2537.37 566.47 515.53 552.42 543.98 MEDIA & ENTERTAINMENT 461.82 446.58 METALS 284.63 281.17

98.57 345.03

95.23 337.32

118.43

108.77

738.53 1196.90 2494.88 484.07 536.97

719.47 1146.30 2417.12 433.13 528.53

438.17

422.93

277.83

274.37

89.37 324.28

86.03 316.57

80.17 303.53

187.25

181.55

171.40

751.87 480.30 3089.72 1486.28 807.98

723.73 450.60 3041.43 1437.12 787.97

684.37 427.75 2966.82 1394.13 750.98

350.12 386.48 111.23

342.63 375.97 107.07

334.02 365.08 101.13

SERVICES ADANIPORTS

203.10

197.40

AUROPHARMA CIPLA

819.37 532.85 3212.62 1578.43 864.98

791.23 503.15 3164.33 1529.27 844.97

366.22 407.88 121.33

358.73 397.37 117.17

PHARMA

DRREDDY LUPIN SUNPHARMA

TELECOM BHARTIARTL INFRATEL IDEA

Weekly Top gainers stocks Script Symbol Previous Close LT 1255.10 SBIN 171.35 TECHM 475.85 ICICIBANK 220.10 AMBUJACEM 208.85

Current Price 1474.90 195.90 535.90 243.15 230.25

% Change 17.51% 14.33% 12.62% 10.47% 10.25%

In Points 219.80 24.55 60.05 23.05 21.40

Weekly Top losers stocks Script Symbol Previous Close CIPLA 507.10 LUPIN 1504.80 AUROPHARMA 770.10 ONGC 213.10 NA NA

Current Price 473.45 1480.10 763.10 213.00 NA

% Change -6.64% -1.64% -0.91% -0.05% NA

In Points -33.65 -24.70 -7.00 -0.10 NA

www.zoidresearch.com

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 30 MAY TO 3 JUN 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

27/MAY/2016

4618.93

4139.04

479.89

26/MAY/2016

6474.35

5895.06

581.29

25/MAY/2016

3741.39

3246.31

495.08

24/MAY/2016

3561.80

4377.33

-815.53

23/MAY/2016

3089.85

3155.45

-65.60

DATE

Buy Value

Sell Value

Net Value

27/MAY/2016

2021.94

1952.60

69.34

26/MAY/2016

3047.60

2362.23

685.37

25/MAY/2016

1891.38

1554.16

337.22

24/MAY/2016

2130.20

1140.25

989.95

23/MAY/2016

1646.35

1814.12

-167.77

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

26/MAY/2016

CE

8200

248351

3345300

26/MAY/2016

CE

8300

189148

3084825

26/MAY/2016

CE

8400

150787

3057550

26/MAY/2016

PE

8000

191436

4094650

26/MAY/2016

PE

7900

149301

3957525

26/MAY/2016

PE

8100

124795

2179500

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

26/MAY/2016

CE

18000

32730

246450

26/MAY/2016

CE

18500

26922

215400

26/MAY/2016

CE

17500

26676

248730

26/MAY/2016

PE

17000

25338

225420

26/MAY/2016

PE

16500

19833

323520

26/MAY/2016

PE

16000

14995

285330

www.zoidresearch.com

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 30 MAY TO 3 JUN 16 Weekly Recommendations: DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

28 MAY 16

HEROMOTOCO

BUY ON DEEP

3000

3120-3250

OPEN

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

9 APR 16

AJANTPHARM

BUY ON DEEP

1460

1520-1580

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

1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 2ND 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

* 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 www.zoidresearch.com

ZOID RESEARCH TEAM


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.