EQUITY TECHNICAL REPORT WEEKLY [31 JUL to 4 AUG 2017]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 31 JUL to 4 AUG 2017
NIFTY 50 10014.50 (99.25) (1.00%) Indian Benchmark Index started a week on a positive note. The Nifty see-saw between the level 9960 and 9980 & settled at a new record closing high of 9966 on Monday. On Tuesday The Nifty had opened at 10010 and falls after hitting a high of strong resistance at 10011 and closed at 9965 after making a low of 9949. On Wednesday, Historical day for nifty…. The Nifty future entered into the 10000 zone Nifty has made an all-time high of 10026.The index opened at 9984 and closed at 10021 after making a low of 9966.The index was up by 56 points from its previous close. On Thursday, July series has been the historical one for our market as the benchmark index (Nifty) ended the expiry above the magical five digit figure of 10000. Rollover in Nifty (68.41%) is lower than its quarterly average of 71.82%; while, the market wide rollovers are also on the lower side at 77.36%. We had recommended on last week research report (see our weekly report 24 JUL 2017 TO 28 JUL 2017) [we advised to Nifty future buy above 9925 target will be 1000010100. OUR TARGET ACHIEVED ON THURSDAY 27/JUL/2017 NIFTY FUTURE MADE HIGH AT 10117.90]. On Friday, The Indian market began the August series on a subdued note, with benchmark indices ending lower, but the Nifty closed above 10000 for the third straight session. The benchmark Index Nifty50 (spot) opened the week at 9936.80 made a high of 10114.85 low of 9919.60 and closed the week at 10014.50. Thus the Nifty closed the week with a gaining of 99.25 points or 1.00%.
Formations
The 20 days EMA are placed at 9991.38
The 5 days EMA are placed at 9859.75
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Future Outlook: This Week Nifty Index made fresh all time high of 10115 and closed above a psychological level of 10000. The Nifty daily chart is consolidated trend; we advised to if Nifty future trade above 10100 target will be 10200. if nifty future trade below 9925 than target will be 9825 Nifty upside weekly Resistance is 10225-10115 level. On the downside strong support at 9915-9825. ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 31 JUL to 4 AUG 2017
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2879.73 25264.25 30217.75 3842.67 1425.38 7673.00 280.20 474.33
ACC AMBUJACEM GRASIM ULTRACEMCO
1851.23 276.63 1453.60 4574.75
LT
1210.75
ASIANPAINT HINDUNILVR ITC
1205.20 1226.25 358.70
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
482.38 396.30 176.13 172.72 222.77 1643.27 85.32
10113 10016 AUTOMOBILE 2847.77 2823.88 24617.85 24222.60 29560.45 28735.20 3762.33 3718.67 1405.72 1385.73 7608.00 7526.50 277.50 274.20 469.47 461.03 CEMENT & CEMENT PRODUCTS 1779.92 1737.68 271.37 265.73 1257.35 1134.75 4375.70 4255.05 CONSTRUCTION 1195.00 1178.70 CONSUMER GOODS 1180.65 1147.95 1192.45 1161.25 323.80 300.10 ENERGY 474.77 467.38 386.65 380.80 170.47 166.18 168.53 163.67 219.03 216.27 1614.13 1562.57 84.33 83.12
566.97 169.65 1736.68 1701.35 311.22 1601.12 1041.42 299.92 1605.55
FINANCIAL SERVICES 553.88 531.12 165.70 163.20 1719.87 1698.43 1671.15 1646.75 306.63 301.42 1583.88 1567.52 1020.43 995.42 295.28 291.77 1591.60 1567.50
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
10212
Resistance1
Pivot
Support 1
Support 2
9918
9821
2791.92 23576.20 28077.90 3638.33 1366.07 7461.50 271.50 456.17
2768.03 23180.95 27252.65 3594.67 1346.08 7380.00 268.20 447.73
1666.37 260.47 938.50 4056.00
1624.13 254.83 815.90 3935.35
1162.95
1146.65
1123.40 1127.45 265.20
1090.70 1096.25 241.50
459.77 371.15 160.52 159.48 212.53 1533.43 82.13
452.38 365.30 156.23 154.62 209.77 1481.87 80.92
518.03 159.25 1681.62 1616.55 296.83 1550.28 974.43 287.13 1553.55
495.27 156.75 1660.18 1592.15 291.62 1533.92 949.42 283.62 1529.45
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 31 JUL to 4 AUG 2017
BHEL
151.53
HCLTECH INFY TCS TECHM WIPRO
949.72 1021.80 2575.60 406.63 306.85
ZEEL
587.52
INDUSTRIAL MANUFACTURING 148.27 144.13
140.87
136.73
863.23 963.10 2415.60 389.02 270.10
821.52 946.10 2340.00 383.33 254.15
526.18
496.32
257.02 212.10 556.42
251.08 208.60 540.48
239.82 202.65 527.72
379.95
375.80
369.70
758.70 563.30 2743.22 1150.70 578.32
722.70 549.60 2701.63 1123.45 565.13
697.15 533.00 2640.72 1104.00 554.32
414.63 412.10 91.70
399.27 399.45 86.90
387.23 388.60 81.85
IT 927.33 885.62 1000.95 983.95 2533.40 2457.80 400.67 394.98 296.45 280.50 MEDIA & ENTERTAINMENT 571.78 541.92 METALS
COALINDIA HINDALCO TATASTEEL
274.22 221.55 585.12
268.28 218.05 569.18 SERVICES
ADANIPORTS
390.20
386.05
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
820.25 593.60 2845.72 1197.40 602.32
784.25 579.90 2804.13 1170.15 589.13
BHARTIARTL INFRATEL IDEA
442.03 435.60 101.55
426.67 422.95 96.75
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close YESBANK 1577.65 HDFC 1640.95 HDFCBANK 1703.05 INDUSINDBNK 1566.65 ADANIPORT 381.90
Current Price 1841.85 1785.35 1778.50 1628.35 395.75
% Change 16.75% 8.80% 4.43% 3.94% 3.63%
In Points 264.20 144.40 75.45 61.70 13.85
Weekly Top losers stocks Script Symbol Previous Close DRREDDY 2762.55 LUPIN 1142.90 AXISBANK 540.80 SUNPHARMA 575.95 COALINDIA 262.35
Current Price 2464.95 1063.90 515.10 550.80 251.55
% Change -10.77% -6.91% -4.75% -4.37% -4.12%
In Points -297.55 -79.00 -25.70 -25.15 -10.80
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WEEKLY TECHNICAL REPORT 31 JUL to 4 AUG 2017 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
28/JUL/2017
5141.27
5364.39
-223.12
27/JUL/2017
9719.93
7850.01
1869.92
26/JUL/2017
5423.43
5484.03
-60.60
25/JUL/2017
5603.93
5333.16
270.77
24/JUL/2017
4789.38
5156.22
-366.84
DATE
Buy Value
Sell Value
Net Value
28/JUL/2017
3627.12
3202.45
424.67
27/JUL/2017
5749.88
6409.91
-660.03
26/JUL/2017
3544.97
2868.36
676.61
25/JUL/2017
3501.33
3710.83
-209.50
24/JUL/2017
3149.51
2480.64
668.87
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS: EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
31/AUG/2017
CE
10100
134434
3079575
31/AUG/2017
CE
10200
128342
3019200
31/AUG/2017
CE
10000
115220
2822550
31/AUG/2017
PE
9900
124557
3146475
31/AUG/2017
PE
10000
123342
3653025
31/AUG/2017
PE
9800
83268
4207500
MOST ACTIVE BANK NIFTY CALLS & PUTS: EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
03/AUG/2017
CE
25000
172597
668720
03/AUG/2017
CE
24900
90802
288200
03/AUG/2017
CE
25100
90469
316000
03/AUG/2017
PE
24700
119775
541760
03/AUG/2017
PE
24800
112376
675520
03/AUG/2017
PE
24500
91027
619080
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 31 JUL to 4 AUG 2017 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
29 JUL 17
OMAXE
BUY ABOVE
207.50
216-225
22 JUL 17
KTKBANK
SELL BELOW
157
151-144
OPEN
15 JUL 17
GODREJIND
SELL BELOW
660
633-605
OPEN
8 JUL 17
DELTACORP
BUY AROUND
167
175-185
1 JUL 17
TCS
BUY AROUND
2360
2455-2555
23 JUN 17
SUNPHARMA
BUY AROUND
540-545
562-605
17 JUN 17
TVSMOTORS
BUY AROUND
550
572-600
3 JUN 17
AUROPHARMA
BUY AROUND
590
614-640
20 MAY 17
BHARTIARTL
BUY AROUND
372
388-402
13 MAY 17
AXISBANK
SELL BELOW
500
480-450
6 MAY 17
VOLTAS
BUY ON DEEP
422
439-456
29 APR 17
IDFC
BUY ON DEEP
62
65-68
22 APR 17
RELIANCE
BUY ON DEEP
1400
1455-1525
14 APR 17
TATAELXSI
BUY ABOVE
1550
1612-1675
1ST TGT ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED BOOK AT 386.35 BOOK AT 484.45 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED BOOK AT 1603
* 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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