Equity report 31 oct to 4 nov

Page 1

EQUITY TECHNICAL REPORT WEEKLY [31 OCT to 5 NOV 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 31 OCT TO 4 NOV 16

NIFTY 50 8638.00 (-55.05) (-0.64%) This week markets open with a positive note. Nifty traded between 8690 and 8748 even as sharp buying was seen at 1 pm. Nifty managed to close above its crucial psychological of 8700. The Nifty closed with a gain of 16 points at 8709. On Tuesday, The Indian equity market has opened in red due to Global cues are weak as seen during overnight selling in US Index S&P, which fell by 17 points from the high of 2149. The Nifty closed with a loss of 18 points at 8691. The Nifty opened at 8722 hitting a high of 8723 and low of 8663. On Wednesday, the Nifty saw of profit booking where it tested the support of 8600 before closing at 8615. The last day of the October F&O expiry. And the Nifty closed with a loss of 76 points at 8615. On Thursday, the nifty closed at 8615 in the October series. which was the same price at which the series started. The new series has some major events like the FOMC meet in the first week of November and US presidential elections on November 8. These events are expected to bring in volatility in all global markets including India. On Friday, the last Trading day of the week; the nifty manages the support level of 8600. And the support for Nifty stands at 8575-8600 and the resistance stands at 8650. The narrow band might continue as the Diwali holidays and festive mood might lead to lower volumes. The Nifty50 (spot) opened the week at 8709.85, made a high of 8736.95 low of 8550.25 and closed the week at 8638.00. Thus the Nifty closed the week with a losing of -55.05 points or -0.64%.

Formations 

The 20 days EMA are placed at 8670.46

The 5 days EMA are placed at 8643.64

The super trend [3,10] are placed at 8835.52

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Future Outlook: The Nifty daily chart is bullish trend; we advised to Nifty future buy on deep around 8575-8550 target will be 86508750. The nifty future selling pressure below 8500. Nifty upside weekly Resistance is 8750-8825 level. On the downside strong support 8550-8450 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 31 OCT TO 4 NOV 16

Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)

Resistance2

BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS

2925.17 23562.15 25986.47 3516.48 1368.20 6086.12 382.33 590.50

ACC AMBUJACEM GRASIM ULTRACEMCO

1615.43 252.93 1002.93 4110.03

LT

1548.83

ASIANPAINT HINDUNILVR ITC

1195.27 873.23 251.77

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

696.85 459.87 157.65 306.50 182.53 1088.05 87.00

8733 8642 AUTOMOBILE 2886.63 2818.97 22726.60 22263.30 25003.23 24339.77 3434.17 3367.68 1340.00 1315.00 5981.13 5823.57 365.52 347.78 563.75 537.25 CEMENT & CEMENT PRODUCTS 1566.07 1537.33 247.17 243.78 984.12 968.18 4046.37 3968.18 CONSTRUCTION 1514.77 1485.93 CONSUMER GOODS 1132.58 1099.32 854.87 836.63 247.43 240.47 ENERGY 682.95 674.05 446.63 437.77 154.95 152.25 296.70 287.60 179.22 175.63 1071.50 1057.45 82.65 80.05

552.77 164.35 1306.05 1441.90 297.75 1251.27 850.78 269.87 1366.63

FINANCIAL SERVICES 519.83 498.57 160.30 156.35 1282.55 1253.35 1416.80 1367.90 287.30 281.15 1225.53 1198.32 835.07 806.28 263.93 258.97 1319.47 1280.78

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

8828

Resistance1

Pivot

Support 1

Support 2

8547

8455

2780.43 21427.75 23356.53 3285.37 1286.80 5718.58 330.97 510.50

2712.77 20964.45 22693.07 3218.88 1261.80 5561.02 313.23 484.00

1487.97 238.02 949.37 3904.52

1459.23 234.63 933.43 3826.33

1451.87

1423.03

1036.63 818.27 236.13

1003.37 800.03 229.17

660.15 424.53 149.55 277.80 172.32 1040.90 75.70

651.25 415.67 146.85 268.70 168.73 1026.85 73.10

465.63 152.30 1229.85 1342.80 270.70 1172.58 790.57 253.03 1233.62

444.37 148.35 1200.65 1293.90 264.55 1145.37 761.78 248.07 1194.93

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 31 OCT TO 4 NOV 16

BHEL

145.82

HCLTECH INFY TCS TECHM WIPRO

863.58 1060.67 2469.10 462.12 504.63

ZEEL

540.32

INDUSTRIAL MANUFACTURING 142.38 139.27

135.83

132.72

736.47 979.53 2364.50 417.53 447.47

709.78 961.57 2330.30 399.42 432.83

505.03

489.72

321.35 150.07 406.73

318.80 146.98 382.07

312.80 144.32 358.68

302.33

287.67

268.33

812.10 580.05 3277.28 1501.45 746.17

798.30 565.60 3154.67 1458.90 733.33

784.80 556.05 2945.88 1429.45 723.27

315.43 357.93 76.65

305.22 330.97 73.60

291.48 316.28 71.00

IT 813.37 1029.08 2433.90 448.88 483.37

786.68 1011.12 2399.70 430.77 468.73

MEDIA & ENTERTAINMENT 530.33 515.02 METALS

COALINDIA HINDALCO TATASTEEL

329.90 155.82 454.78

327.35 152.73 430.12 SERVICES

ADANIPORTS

336.33

321.67

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

839.40 604.05 3608.68 1573.45 769.07

825.60 589.60 3486.07 1530.90 756.23

BHARTIARTL INFRATEL IDEA

339.38 399.58 82.30

329.17 372.62 79.25

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close DRREDDY 3113.60 ADANIPORT 285.75 KOTAKBANK 781.50 HDFC 1336.55 MARUTI 5650.20

Current Price 3363.45 307.00 819.35 1391.70 5876.15

% Change 8.02% 7.44% 4.84% 4.13% 4.00%

In Points 249.85 21.25 37.85 55.15 225.95

Weekly Top losers stocks Script Symbol Previous Close HCLTECH 831.75 AXISBANK 526.10 WIPRO 499.20 ASIANPAINTS 1153.50 TATAPOWER 83.60

Current Price 763.15 486.90 462.10 1069.90 78.30

% Change -8.25% -7.45% -7.43% -7.25% -6.34%

In Points -68.60 -39.20 -37.10 -83.60 -5.30

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 31 OCT TO 4 NOV 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

28/OCT/2016

4634.23

5411.81

-777.58

27/OCT/2016

6198.80

6665.73

-469.93

26/OCT/2016

3905.18

5355.83

-1450.65

25/OCT/2016

3471.76

4078.10

-606.34

24/OCT/2016

3014.06

3339.19

-325.13

DATE

Buy Value

Sell Value

Net Value

28/OCT/2016

2926.42

1802.34

1124.08

27/OCT/2016

3291.89

2435.39

856.50

26/OCT/2016

2825.97

1836.51

989.46

25/OCT/2016

2104.76

1715.65

389.11

24/OCT/2016

2119.48

1786.22

333.26

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

24/NOV/2016

CE

8700

109548

2198850

24/NOV/2016

CE

8800

99371

2395200

24/NOV/2016

CE

9000

85247

3265650

24/NOV/2016

PE

8600

125406

3428025

24/NOV/2016

PE

8500

108853

4061250

24/NOV/2016

PE

8400

69408

2854950

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

03/NOV/2016

CE

19700

105524

302840

03/NOV/2016

CE

19600

90699

281800

03/NOV/2016

CE

19800

84493

346880

03/NOV/2016

PE

19400

91751

337400

03/NOV/2016

PE

19500

79203

466720

03/NOV/2016

PE

19300

74665

346200

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 31 OCT TO 4 NOV 16 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

28/OCT/16

VEDL

BUY ON DEEP

202-201

210-220

OPEN

15 OCT 16

TATAMTRDVR

BUY ON DEEP

360-358

375

EXIT AT 344

8 OCT 16

HDFCBANK

SELL BELOW

1285

1233-1180

1ST TARGET ACHIEVED

1 OCT 16

ZEEL

BUY AROUND

540-545

565-590

(OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)

3 SEP 16

AUROPHARMA

BUY ABOVE

785

825-875

BOOK AT 818

27 AUG 16

DLF

SELL BELOW

159.50

153-146

BOOK FULL AT 147.5

13 AUG 16

HINDALCO

BUY ON DEEP

145-142

152-160

(OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)

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

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 wishing you and your family a very Happy Diwali. “May God fulfill all your wishes in wealth, health & happiness in your life."

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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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