EQUITY TECHNICAL REPORT WEEKLY [5 SEP to 9 SEP 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 SEP TO 9 SEP 16
NIFTY 50 8809.65 (202.20) (2.35%) The Nifty reversed their early morning losses and closed higher on Monday. Nifty continues to hold the resistance level of 8600 and close 34 points up at 8607. On Tuesday, The Nifty hit its highest level and breaks 52 weeks high; the nifty break the resistance level of 8600 & closes with a gain of 137 points at 8744. On Wednesday, the nifty was continuous followed the buying trend; and Nifty was raised for third straight session. On Thursday the market continues to remain sluggish. The Indian stock market opened on a flat note. The Nifty drops 11 points to close at 8774. On Friday, The markets are in a consolidation phase after hitting 52-week highs earlier in the week. The Nifty closed above psychological 8800 level for the first time since April 2015. We had recommended on last week research report (see our weekly report 29 Aug to 2 Sep) [WE ADVISED TO IF NIFTY FUTURE TRADE ABOVE AT 8685 THAN BUY AND TARGET WILL BE 8775. OUR TARGET ACHIEVED ON TUESDAY 30 AUG 2016 NIFTY MADE HIGH AT 8804] The Nifty50 (spot) opened the week at 8583.75, made a high of 8824.10 low of 8543.75 and closed the week at 8809.65. Thus the Nifty closed the week with a gaining of 202.20 points or 2.35%.
Future Outlook: Formations
The 20 days EMA are placed at 8665.41 The 5 days EMA are placed at 8752.18
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The Nifty daily chart is bullish trend; we advised to Nifty future buy around 8750 target will be 8850-9025. The nifty future selling pressure below 8650. Nifty upside weekly Resistance is 8900-9000 level. On the downside strong support 8625-8450. ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 SEP TO 9 SEP 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJHLDNG
2001.88 25370.22 24071.33 3824.17 1516.87 5357.75 365.73 580.88
BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
9006
Resistance1
Pivot
Support 1
Support 2
8628
8445
1792.87 23445.63 22174.92 3367.53 1432.73 4991.35 339.07 524.87
1715.98 22880.42 21532.83 3157.37 1391.87 4822.25 326.23 499.88
1620.33 265.30
1571.12 254.25
4499.62 3863.95
4386.13 3642.55
1443.52
1381.98
1123.17 904.67 254.73
1078.78 888.58 246.57
574.92 381.97 157.10 235.07
563.08 368.18 154.20 231.38
182.13 1029.88
179.27 985.77
174.73 958.18
75.98
72.97
585.32 160.00
571.43 153.65
8908 8725 AUTOMOBILE 1935.82 1858.93 24690.53 24125.32 23444.17 22802.08 3700.93 3490.77 1495.23 1454.37 5259.10 5090.00 358.82 345.98 565.37 540.38 CEMENT & CEMENT PRODUCTS 1721.88 1672.67 284.55 273.50
ACC AMBUJACEM GRASIM ULTRACEMCO
1774.22 292.75
LT
1579.48
ASIANPAINT HINDUNILVR ITC
1218.28 945.58 271.87
BPCL GAIL NTPC ONGC
623.18 410.28 165.20 246.18
4740.47 4626.98 4200.85 3979.45 CONSTRUCTION 1542.27 1480.73 CONSUMER GOODS 1192.92 1148.53 933.17 917.08 267.38 259.22 ENERGY 604.97 593.13 403.02 389.23 162.60 159.70 242.47 238.78
POWERGRID RELIANCE TATAPOWER
189.53 1101.58
186.67 1057.47
AXISBANK
617.73 173.25
81.18 78.17 FINANCIAL SERVICES 608.47 594.58 169.80 163.45
1330.90 1497.22
1308.00 1468.18
1272.10 1412.92
1249.20 1383.88
1213.30 1328.62
276.43 1231.45
268.87 1211.80
256.73 1179.95
249.17 1160.30
237.03 1128.45
842.10
827.85
801.50
787.25
760.90
263.10 1443.78
258.85 1416.07
251.55 1366.53
247.30 1338.82
240.00 1289.28
BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
4867.83 4316.35
83.37
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 SEP TO 9 SEP 16
BHEL
145.53
HCLTECH INFY
WIPRO
818.72 1052.25 2593.77 493.45 504.47
ZEEL
567.58
COALINDIA HINDALCO
342.43
TCS TECHM
TATASTEEL
INDUSTRIAL MANUFACTURING 140.82 137.53 IT 801.63 776.37 1042.05 1035.55 2554.28 2510.52 482.65 465.60 494.03 485.57 MEDIA & ENTERTAINMENT 550.52 527.78 METALS 337.37 333.93
169.02 388.03
163.13 381.12
132.82
129.53
759.28 1025.35 2471.03 454.80 475.13
734.02 1018.85 2427.27 437.75 466.67
510.72
487.98
328.87
325.43
158.82 374.43
152.93 367.52
148.62 360.83
261.72
254.03
239.87
783.65 576.12 3093.18 1506.58 771.08
762.30 564.73 3047.37 1482.17 757.87
745.00 551.52 2971.68 1446.28 733.38
331.80 345.63 86.77
315.85 334.17 78.28
312.80 324.63 72.12
SERVICES ADANIPORTS
283.57
275.88
AUROPHARMA CIPLA
822.30 600.72 3214.68 1566.88 808.78
800.95 589.33 3168.87 1542.47 795.57
350.80 366.63 101.42
334.85 355.17 92.93
PHARMA
DRREDDY LUPIN SUNPHARMA
TELECOM BHARTIARTL INFRATEL IDEA
Weekly Top gainers stocks Script Symbol Previous Close TATAMOTORS 503.75 HEROMOTOCO 3304.85 ULTRACEMCO 3803.45 ICICIBANK 245.30 LT 245.30
Current Price 549.85 3577.70 4085.35 261.30 261.30
% Change 9.15% 8.26% 7.41% 6.52% 5.45%
In Points 46.10 272.85 281.90 16.00 77.85
Weekly Top losers stocks Script Symbol Previous Close IDEA 93.95 BHARTIARTL 343.95 BHEL 139.45 BPCL 595.75 RELIANCE 1027.90
Current Price 84.45 318.90 136.10 586.75 1013.35
% Change -10.11% -7.28% -2.40% -1.51% -1.42%
In Points -9.50 -25.05 -3.35 -9.00 -14.55
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WEEKLY TECHNICAL REPORT 5 SEP TO 9 SEP 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
2/SEP/2016
3617.63
3386.44
231.19
1/SEP/2016
3344.28
3645.79
-301.51
31/AUG/2016
15455.43
14601.24
854.19
30/AUG/2016
4118.10
3727.47
390.63
29/AUG/2016
3193.00
2906.48
286.52
DATE
Buy Value
Sell Value
Net Value
2/SEP/2016
2590.57
2455.69
134.88
1/SEP/2016
2451.15
2142.99
308.16
31/AUG/2016
3600.67
2752.97
847.70
30/AUG/2016
2443.53
1958.39
485.14
29/AUG/2016
1695.11
1677.62
17.49
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
29/SEP/2016
CE
8900
124395
4577550
29/SEP/2016
CE
8800
106202
3701175
29/SEP/2016
CE
9000
87562
6031425
29/SEP/2016
PE
8800
112693
3065550
29/SEP/2016
PE
8700
110087
4185525
29/SEP/2016
PE
8600
104331
6988500
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
08/SEP/2016
CE
20000
93725
318840
08/SEP/2016
CE
20100
55444
212000
08/SEP/2016
CE
19900
51630
140360
08/SEP/2016
PE
19500
69757
474480
08/SEP/2016
PE
19600
58258
249560
08/SEP/2016
PE
19800
54292
268520
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 SEP TO 9 SEP 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
3 SEP 16
AUROPHARMA
BUY ABOVE
785
825-875
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)
1ST TARGET ACHIEVED ALL TARGET ACHIEVED
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
14 MAY 16
CESC
BUY ON DEEP
542-540
562-585
7 MAY 16
TITAN
BUY ON DEEP
360-362
375-395
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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