Equity (Nifty) Technical Report (3 To 7 Oct)

Page 1

EQUITY TECHNICAL REPORT WEEKLY [3 OCT to 7 OCT 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 3 OCT TO 7 OCT 16

NIFTY 50 8611.15 (-220.40) (-2.50%) This week markets open with a bearish note. Nifty ended the day at 8723, down by 108 points against the Friday’s close. But nifty takes a support level at 8700 and close above. On Tuesday, nifty continues to follow the bearish trend and closed with a loss of 16 points at 8706. On Wednesday, The Nifty ended marginally higher due to short-covering by participants ahead of September month F&O expiry. The Nifty closed with a gain of 39 points at 8745. On Thursday, Volatility was there in the market. The last trading session of the September series of derivative contracts supported the down moves. The Nifty closed with a loss of 153 points at 8591.25. On Friday, Highly volatile trading section. Nifty takes a strong support level at 8550 and closed this week above at 8600. The Nifty50 (spot) opened the week at 8807.90, made a high of 8809.55 low of 8555.20 and closed the week at 8611.15. Thus the Nifty closed the week with a losing of -220.40 points or -2.50%. Formations

 The 20 days EMA are placed at 8732.32  The 5 days EMA are placed at 8670.49 www.zoidresearch.com

Future Outlook: The Nifty daily chart is bearish trend; we advised to Nifty future sell on rise around 8670 target will be 8550-8450. The nifty future buying pressure above 8900. Nifty upside weekly Resistance is 8900-8762 level. On the downside strong support 8500-8400 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 3 OCT TO 7 OCT 16

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

Resistance2

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

3003.27 23737.75 27496.67 3590.23 1456.50 5685.77 428.77 567.12

ACC AMBUJACEM GRASIM ULTRACEMCO

1652.32 268.22 5023.38 4058.88

LT

1552.65

ASIANPAINT HINDUNILVR ITC

1220.70 931.15 257.78

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

645.47 402.38 159.80 269.28 187.28 1143.10 79.50

8762 8657 AUTOMOBILE 2915.43 2866.12 23267.80 22863.65 26162.23 25306.87 3501.97 3445.03 1431.10 1390.55 5581.53 5520.77 384.63 306.42 550.98 533.82 CEMENT & CEMENT PRODUCTS 1626.08 1601.17 259.98 254.77 4929.97 4845.03 3955.22 3896.63 CONSTRUCTION 1492.90 1452.20 CONSUMER GOODS 1190.70 1173.35 899.50 882.25 249.57 245.03 ENERGY 629.03 612.17 388.52 373.13 153.90 150.60 262.97 254.18 181.92 176.73 1113.40 1099.85 77.45 74.60

578.15 177.30 1324.55 1453.88 280.12 1253.48 814.20 263.75 1350.47

FINANCIAL SERVICES 559.75 541.60 172.35 165.95 1298.70 1283.05 1423.67 1402.73 266.13 254.72 1224.72 1203.13 795.60 780.85 257.50 250.50 1302.58 1257.07

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

8913

Resistance1

Pivot

Support 1

Support 2

8508

8405

2778.28 22393.70 23972.43 3356.77 1365.15 5416.53 262.28 517.68

2728.97 21989.55 23117.07 3299.83 1324.60 5355.77 184.07 500.52

1574.93 246.53 4751.62 3792.97

1550.02 241.32 4666.68 3734.38

1392.45

1351.75

1143.35 850.60 236.82

1126.00 833.35 232.28

595.73 359.27 144.70 247.87 171.37 1070.15 72.55

578.87 343.88 141.40 239.08 166.18 1056.60 69.70

523.20 161.00 1257.20 1372.52 240.73 1174.37 762.25 244.25 1209.18

505.05 154.60 1241.55 1351.58 229.32 1152.78 747.50 237.25 1163.67

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 3 OCT TO 7 OCT 16

BHEL

151.57

HCLTECH INFY TCS TECHM WIPRO

817.77 1062.55 2463.00 466.42 492.98

ZEEL

578.22

INDUSTRIAL MANUFACTURING 143.13 138.32

129.88

125.07

786.13 1023.40 2404.85 407.63 470.97

772.37 1010.75 2378.90 395.42 462.98

527.28

507.82

325.47 152.40 373.80

313.73 146.60 363.75

305.17 141.00 353.25

260.12

245.73

234.72

840.87 585.77 3131.13 1491.02 752.98

798.93 556.53 3034.57 1450.23 721.72

742.42 533.02 2961.73 1414.22 700.73

316.93 365.27 80.10

305.17 354.73 77.00

296.33 344.17 74.90

IT 808.83 1049.30 2446.90 443.13 485.97

795.07 1036.65 2420.95 430.92 477.98

MEDIA & ENTERTAINMENT 562.48 543.02 METALS

COALINDIA HINDALCO TATASTEEL

345.77 163.80 394.35

334.03 158.00 384.30 SERVICES

ADANIPORTS

285.52

271.13

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

939.32 638.52 3300.53 1567.82 805.23

897.38 609.28 3203.97 1527.03 773.97

BHARTIARTL INFRATEL IDEA

337.53 386.37 85.30

325.77 375.83 82.20

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close ZEEL 524.60 AUROPHARMA 841.15 YESBANK 1233.15 TCS 2398.10 BPCL 604.65

Current Price 546.20 857.05 1255.00 2430.00 612.50

% Change 4.12% 1.89% 1.77% 1.33% 1.30%

In Points 21.60 15.90 21.85 31.90 7.85

Weekly Top losers stocks Script Symbol Previous Close BHEL 146.15 TECHM 454.60 ICICIBANK 271.25 ADANIPORT 275.10 NTPC 156.90

Current Price 134.80 420.00 252.15 256.35 147.70

% Change -7.77% -7.61% -7.04% -6.82% -5.86%

In Points -11.35 -34.60 -19.10 -18.72 -9.20

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WEEKLY TECHNICAL REPORT 3 OCT TO 7 OCT 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

30/SEP/2016

4474.94

5503.25

-1028.31

29/SEP/2016

11460.35

8046.98

3413.37

28/SEP/2016

4766.15

4692.32

73.83

27/SEP/2016

3650.87

3806.63

155.76

26/SEP/2016

4381.46

4587.86

-206.40

DATE

Buy Value

Sell Value

Net Value

30/SEP/2016

3165.92

1605.63

1560.29

29/SEP/2016

5372.98

3742.10

1630.88

28/SEP/2016

2262.73

2332.26

-69.53

27/SEP/2016

2225.44

2134.77

90.67

26/SEP/2016

2396.31

2509.66

-113.35

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

27/OCT/2016

CE

8800

176921

2703675

27/OCT/2016

CE

9000

146032

4963575

27/OCT/2016

CE

8900

139350

2713875

27/OCT/2016

PE

8500

194502

3711075

27/OCT/2016

PE

8400

168832

3318450

27/OCT/2016

PE

8600

136273

3379125

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

06/OCT/2016

CE

19500

77714

338640

06/OCT/2016

CE

20000

61961

588760

06/OCT/2016

CE

19800

41377

267960

06/OCT/2016

PE

19000

94766

370720

06/OCT/2016

PE

18500

56993

230360

06/OCT/2016

PE

18800

36634

95280

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 3 OCT TO 7 OCT 16 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

1 OCT 16

ZEEL

BUY AROUND

540-545

565-590

OPEN

10 SEP 16

ASHOKLEY

BUY ABOVE

89.50

94-100

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

28 MAY 16

HEROMOTOCO

BUY ON DEEP

3000

3120-3250

ALL TARGET ACHIEVED

21 MAY 16

VOLTAS

BUY ABOVE

332

345-360

BOOK AT 342

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

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