Equity (Nifty50) Technical Report (04 - 08 July)

Page 1

EQUITY TECHNICAL REPORT WEEKLY [4 JULY to 8 JULY 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 4 JULY TO 8 JULY 16

NIFTY 50 8328.35 (233.65) (2.89%) This week market open with a negative note. Nifty opened below the 8050 level at 8039.35 but before the closing it came up and closed above the level 8050 at 8094.70. Volatility was witnessed there in the market on the first day of expiry week on Monday. On Tuesday, the market remained in bullish territory. Nifty surpassed the 8100 mark while the nifty ended above 8125. On Wednesday, the market continues bull rally. Indices extended its winning streak to third consecutive trading session amid positive global cues and firm rupees. On Thursday, expiration of derivative contracts for the month of June on a positive note. Nifty reclaim their crucial level of 8300. On Friday, Nifty continues the follow buying trend, and Nifty made a high at 8356.75, and broke the level of 8300 and close above at 8328.35. The Nifty50 (spot) opened the week at 8039.35, made a high of 8356.75 low of 8039.35 and closed the week at 8328.35. Thus the Nifty closed the week with a gaining of 233.65 points or 2.89%. Formations

 The 20 days EMA are placed at 8246.02  The 5 days EMA are placed at 8175.13

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Future Outlook: The Nifty daily chart is bullish; we advised to buy Nifty future around 8300 target 8400-8500. The Nifty future selling pressure below 8050 and down trend target will be 7900. Nifty upside weekly Resistance is 8550-8450 level. On the downside strong support 8150-7925 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 4 JULY TO 8 JULY 16

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

Resistance2

BAJAJ-AUTO

2773.68 24492.10 20031.50 3354.35 1535.57 4338.00 307.15 483.63

BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS

8559

Resistance1

Pivot

Support 1

Support 2

8126

7924

2617.52 21290.20 18573.60 3057.70 1402.43 4041.60 285.00 439.02

2563.78 19896.10 17992.10 2929.35 1341.77 3917.80 278.55 420.13

1579.48 247.70

1541.57 242.45

4382.90 3314.37

4122.55 3204.63

1465.43

1388.22

978.13 867.05 239.40

953.77 836.50 226.45

1038.23 380.68 149.97 211.87

984.52 366.02 143.18 198.73

161.52 963.82

156.63 950.13

148.12 926.82

72.45

70.55

518.13 149.18

493.37 141.77

8444 8241 AUTOMOBILE 2722.47 2668.73 23588.20 22194.10 19593.30 19011.80 3270.20 3141.85 1499.33 1438.67 4251.70 4127.90 299.30 292.85 470.77 451.88 CEMENT & CEMENT PRODUCTS 1640.68 1602.77 258.35 253.10

ACC AMBUJACEM GRASIM ULTRACEMCO

1663.97 263.75

LT

1622.22

ASIANPAINT HINDUNILVR ITC

1035.47 935.10 284.65

BPCL GAIL NTPC ONGC

1156.02 411.52 164.38 242.93

4800.70 4540.35 3509.42 3399.68 CONSTRUCTION 1582.43 1505.22 CONSUMER GOODS 1018.98 994.62 916.35 885.80 268.50 255.55 ENERGY 1123.98 1070.27 403.43 388.77 160.57 153.78 233.97 220.83

POWERGRID RELIANCE TATAPOWER

174.92 1000.82

170.03 987.13

AXISBANK

570.47 165.27

75.55 73.65 FINANCIAL SERVICES 556.68 531.92 160.93 153.52

1204.83 1295.42

1189.67 1268.88

1169.83 1239.72

1154.67 1213.18

1134.83 1184.02

250.78 1162.85

245.57 1143.10

237.43 1108.75

232.22 1089.00

224.08 1054.65

791.17

772.28

747.67

728.78

704.17

228.70 1180.27

224.15 1154.98

217.35 1108.72

212.80 1083.43

206.00 1037.17

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

4958.15 3594.73

76.75

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 4 JULY TO 8 JULY 16

BHEL

142.45

HCLTECH INFY

WIPRO

770.37 1200.07 2614.15 526.53 578.80

ZEEL

477.10

COALINDIA HINDALCO

318.53

TCS TECHM

TATASTEEL

INDUSTRIAL MANUFACTURING 137.25 127.75 IT 750.73 729.37 1186.23 1170.67 2557.50 2507.95 518.97 508.98 568.85 555.05 MEDIA & ENTERTAINMENT 464.70 449.10 METALS 314.32 310.43

131.65 345.90

128.20 337.00

122.55

113.05

709.73 1156.83 2451.30 501.42 545.10

688.37 1141.27 2401.75 491.43 531.30

436.70

421.10

306.22

302.33

122.05 322.00

118.60 313.10

112.45 298.10

204.73

201.57

198.83

733.07 497.53 3373.95 1524.27 765.33

713.23 485.07 3242.15 1489.58 751.32

680.22 461.53 3000.20 1426.32 739.28

363.65 341.50 104.63

354.45 329.70 101.12

340.55 309.20 96.18

SERVICES ADANIPORTS

210.63

207.47

AUROPHARMA CIPLA

785.92 533.53 3747.70 1622.22 791.38

766.08 521.07 3615.90 1587.53 777.37

386.75 373.80 113.08

377.55 362.00 109.57

PHARMA

DRREDDY LUPIN SUNPHARMA

TELECOM BHARTIARTL INFRATEL IDEA

Weekly Top gainers stocks Script Symbol Previous Close BHEL 118.25 DR REDDY 3153.25 ONGC 209.40 GRASIM 4291.20 LT 1430.60

Current Price 131.80 3485.00 227.30 4640.00 1544.85

% Change 11.46% 10.52% 8.55% 8.13% 7.99%

In Points 13.55 331.75 17.90 348.80 114.25

Weekly Top losers stocks Script Symbol Previous Close TCS 2573.95 INFY 1194.55 HCLTECH 741.85 COALINDIA 312.25 BAJAJAUTO 2678.80

Current Price 2501.00 1172.00 731.10 310.60 2669.70

% Change -2.83% -1.89% -1.45% -0.53% -0.34%

In Points -72.95 -22.55 -10.75 -1.65 -9.10

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WEEKLY TECHNICAL REPORT 4 JULY TO 8 JULY 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

1/JULY/2016

3086.32

3273.83

-187.51

30/JUN/2016

8113.06

7005.64

1107.42

29/JUN/2016

3567.28

3464.37

102.91

28/JUN/2016

3665.15

3855.58

-190.43

27/JUN/2016

3420.30

3566.41

-146.11

DATE

Buy Value

Sell Value

Net Value

1/JULY/2016

2747.46

1840.41

907.05

30/JUN/2016

3117.90

3308.66

-190.76

29/JUN/2016

1565.76

1585.95

-20.19

28/JUN/2016

1572.52

1815.23

-242.71

27/JUN/2016

1434.81

1581.88

-147.07

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

28/JULY/2016

CE

8400

139194

2932875

28/JULY/2016

CE

8500

133745

4480350

28/JULY/2016

CE

8600

78016

2076975

28/JULY/2016

PE

8300

124491

2093475

28/JULY/2016

PE

8200

114131

3257925

28/JULY/2016

PE

8000

89179

4337475

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

07/JULY/2016

CE

18200

42450

218280

07/JULY/2016

CE

18300

32062

193800

07/JULY/2016

CE

18500

28310

273680

07/JULY/2016

PE

18000

46630

271800

07/JULY/2016

PE

17800

26420

172200

07/JULY/2016

PE

17500

24024

381800

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WEEKLY TECHNICAL REPORT 4 JULY TO 8 JULY 16 Weekly Recommendations: DATE

SYMBOL

STRATEGY

ENTRY

TARGET

2 JULY 16

GAIL

BUY ON DEEP

390-392

406-422

STATUS OPEN ST

17 JUN 16

HDFC

BUY ON DEEP

1220-1210

1260-1300

1 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

1ST TARGET ACHIEVED

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

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

* 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

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