EQUITY TECHNICAL REPORT WEEKLY [3 JUL to 7 JUL 2017]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 03 JUL TO 07 JUL 17
NIFTY 50 9520.90 (-54.05) (-0.57%) Indian Benchmark Index Nifty fell 142 points from the day’s high. The Nifty opened at 9594, made a high of 9615 and closed at 9511 after making a low of 9473. Ahead of GST implementation, investors remained cautious and booked profits on Tuesday. We had recommended on last week research report (see our weekly report 26 JUN 2017 TO 30 JUN 2017) [we advised to Nifty future sell below 9575 targets will be 9500. OUR TARGET ACHIEVED ON TUESDAY 27/JUN/2017 NIFTY FUTURE MADE LOW AT 9480.05]. On Wednesday, Lack of movement was there in the market due to the derivatives expiry of June series. The Nifty opened at 9520 and closed at 9491 after making a low of 9474.The Index closed down by 20 points from its previous day close. On Thursday, The Nifty opened at 9523 and closed at 9504 after making a high of 9576.The Index closed up by 13 points from its previous day close. The expiry day was volatility, but the Nifty closed at flat note. Buying interested was seen in the last week of Jun series. On Friday, The first Trading day of the July derivatives contract; The Nifty was open at lower, but take a support of 9450 and close in green at 9520. The benchmark Index Nifty50 (spot) opened the week at 9596.05 made a high of 9615.40. low of 9448.75 and closed the week at 9520.90. Thus the Nifty closed the week with a losing of -54.05 points or -0.57%.
Formations
The 20 days EMA are placed at 9529.97
The 5 days EMA are placed at 9565.68
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Future Outlook:
The Nifty daily chart is bearish trend. we advised to sell Nifty future below 9450 then target will be 9350-9250. Nifty upside weekly Resistance is 9700-9600 level. On the downside strong support at 9450-9350 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 03 JUL TO 07 JUL 17
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2861.93 24618.62 28257.13 3790.65 1412.13 7401.13 285.70 454.68
ACC AMBUJACEM GRASIM ULTRACEMCO
1685.85 256.02 1322.70 4112.73
LT
1772.27
ASIANPAINT HINDUNILVR ITC
1203.25 1137.13 336.08
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
668.87 379.38 163.12 164.23 217.25 1467.30 84.92
9608 9528 AUTOMOBILE 2826.57 2793.78 23972.93 23344.32 27648.27 27024.13 3746.00 3691.30 1380.37 1362.73 7309.37 7232.23 274.50 268.20 443.82 435.93 CEMENT & CEMENT PRODUCTS 1626.95 1584.10 251.28 244.17 1282.40 1226.70 4035.92 3938.23 CONSTRUCTION 1729.93 1695.62 CONSUMER GOODS 1153.10 1118.20 1108.37 1086.18 329.87 318.48 ENERGY 654.13 626.57 370.42 358.53 161.03 158.02 160.77 157.98 213.90 207.70 1423.65 1399.35 82.73 81.62
542.82 168.95 1715.35 1689.68 303.62 1531.18 1018.45 297.35 1513.50
FINANCIAL SERVICES 530.08 507.27 165.30 158.75 1683.70 1663.35 1652.32 1629.63 296.88 290.17 1505.07 1483.68 987.10 961.55 285.50 277.60 1488.50 1445.00
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
9695
Resistance1
Pivot
Support 1
Support 2
9441
9362
2758.42 22698.63 26415.27 3646.65 1330.97 7140.47 257.00 425.07
2725.63 22070.02 25791.13 3591.95 1313.33 7063.33 250.70 417.18
1525.20 239.43 1186.40 3861.42
1482.35 232.32 1130.70 3763.73
1653.28
1618.97
1068.05 1057.42 312.27
1033.15 1035.23 300.88
611.83 349.57 155.93 154.52 204.35 1355.70 79.43
584.27 337.68 152.92 151.73 198.15 1331.40 78.32
494.53 155.10 1631.70 1592.27 283.43 1457.57 930.20 265.75 1420.00
471.72 148.55 1611.35 1569.58 276.72 1436.18 904.65 257.85 1376.50
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 03 JUL TO 07 JUL 17
BHEL
143.23
HCLTECH INFY TCS TECHM WIPRO
873.50 961.85 2418.32 403.73 265.02
ZEEL
459.12
INDUSTRIAL MANUFACTURING 139.27 135.03
131.07
126.83
836.40 921.70 2328.73 374.27 254.23
821.90 907.85 2295.12 366.53 250.12
543.73
596.12
245.18 189.88 532.48
242.57 186.17 517.07
240.88 181.38 488.38
365.47
358.13
353.22
678.48 548.50 2675.42 1059.08 550.25
664.32 538.10 2639.83 1048.37 539.55
644.03 520.60 2589.57 1036.88 523.40
377.02 375.28 83.43
367.68 368.07 81.17
355.67 361.58 77.08
IT 862.20 948.70 2390.33 392.87 261.68
847.70 934.85 2356.72 385.13 257.57
MEDIA & ENTERTAINMENT 475.23 527.62 METALS
COALINDIA HINDALCO TATASTEEL
249.48 198.38 576.58
246.87 194.67 561.17 SERVICES
ADANIPORTS
377.72
370.38
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
712.93 576.40 2761.27 1081.28 577.10
698.77 566.00 2725.68 1070.57 566.40
BHARTIARTL INFRATEL IDEA
398.37 388.98 89.78
389.03 381.77 87.52
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close TATASTEEL 507.25 VEDL 236.85 ITC 311.00 BHARTIARTL 366.20 CIPLA 541.15
Current Price 545.75 249.05 323.65 379.70 555.60
% Change 7.59% 5.15% 4.07% 3.69% 2.67%
In Points 38.50 12.20 12.65 13.50 14.45
Weekly Top losers stocks Script Symbol Previous Close SBIN 288.95 ASIANPAINT 1153.65 ACC 1636.70 RELIANCE 1435.85 ZEEL 509.75
Current Price 273.65 1102.95 1568.05 1380.00 491.35
% Change -5.30% -4.39% -4.19% -3.89% -3.61%
In Points -15.30 -50.70 -68.65 -55.85 -18.40
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 03 JUL TO 07 JUL 17 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
30/JUN/2017
4385.21
4545.69
-160.48
29/JUN/2017
6833.65
7974.42
-1140.77
28/JUN/2017
5176.44
5645.53
-469.09
27/JUN/2017
7231.39
6939.28
292.11
DATE
Buy Value
Sell Value
Net Value
30/JUN/2017
3250.32
2054.61
1194.71
29/JUN/2017
4728.68
4128.45
600.23
28/JUN/2017
2849.83
2680.86
168.97
27/JUN/2017
2899.56
3048.10
-148.54
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
27/JUL/2017
CE
9600
136544
2502000
27/JUL/2017
CE
9700
133255
3537750
27/JUL/2017
CE
9500
131166
3293850
27/JUL/2017
PE
9400
136985
5042325
27/JUL/2017
PE
9500
113510
3515100
27/JUL/2017
PE
9300
103399
3098550
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
06/JUL/2017
CE
23500
131670
554960
06/JUL/2017
CE
23200
112143
271960
06/JUL/2017
CE
23300
108481
281400
06/JUL/2017
PE
23000
116840
454520
06/JUL/2017
PE
22900
78380
255360
06/JUL/2017
PE
22800
71922
192640
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 03 JUL TO 07 JUL 17 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
1 JUL 17
TCS
BUY AROUND
2360
2455-2555
OPEN
23 JUN 17
SUNPHARMA
BUY AROUND
540-545
562-605
BOOK AT 560.95
17 JUN 17
TVSMOTORS
BUY AROUND
550
572-600
OPEN
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
8 APR 17
AXISBANK
BUY ON DEEP
505-503
525-560
1 APR 17
ACC
BUY ON DEEP
1440
1498-1558
25 MAR 17
COALINDIA
BUY ON DEEP
295-290
307-320
EXIT AT 282.7
18 MAR 17
AUROPHARMA
BUY ON DEEP
698
727-760
EXIT AT 670
ALL TARGET ACHIEVED BOOK AT 386.35 BOOK AT 484.45 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED BOOK AT 1603 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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