EQUITY TECHNICAL REPORT WEEKLY [6 FEB to 10 FEB 2017]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 6 FEB TO 10 FEB 17
NIFTY 50 8740.95 (99.70) (1.15%) The benchmark Index Nifty opened flat from Friday’s close of 8641. Nifty traded in a narrow range of 45 points throughout the day. However, Nifty closed at 8633 on Monday. On Tuesday, The benchmark Index Nifty in closing hours is struggling to touch 8600 levels on the higher side, Nifty fell 80 points from the day high of 8632 and making a low of 8552, before closing at 8561. On Wednesday, the Indian benchmark index Nifty opened flat from yesterday’s close of 8561, After the Finance Minister Mr. Arun Jaitley announced the Union Budget, in which he left the Long Term Capital Gains and Short Term Capital Gains Tax rates unchanged. Nifty surged by 155 points from its previous days close, Nifty made a high of 8722 and closed at 8716. On Thursday, Indian benchmark index Nifty opened flat from yesterday’s close of 8716. There was some consolidation In trading session; Nifty traded in a range of 71 points between its Intraday high and low of 8758 and 8686 and finally closed at 8734, 18 points above its previous day’s close. We had recommended in last week research report (see our weekly report 30 Jan 3 Feb 17) Nifty future buy on deep around 8600 targets will be 8750-8900. our level executed on 31 Jan 17. OUR TARGET ACHIEVED ON THURSDAY 2 FEB 2017 NIFTY MADE HIGH AT 8606.40]. On Friday, The benchmark Index Nifty opened flat from Thursday's close of 8734 and take a resistance level of 8748; however ended with 6 point gain at 8740. The benchmark Index Nifty50 (spot) opened the week at 8635.55, made a high of 8757.60 low of 8537.50 and closed the week at 8740.95. Thus the Nifty closed the week with a gained of 99.70 points or 1.15%.
Formations
The 20 days EMA are placed at 8497.87
The 5 days EMA are placed at 8683.63
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Future Outlook: The Nifty daily chart is continuing a bullish trend. we advised to Nifty future buy on deep around 8650 targets will be 8750-8900. The nifty future selling pressure below 8525. Nifty upside weekly Resistance is 8900-8825 level. On the downside strong support at 8600-8450 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 6 FEB TO 10 FEB 17
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2968.67 24759.78 25458.43 3377.07 1345.03 6412.62 352.62 554.87
ACC AMBUJACEM GRASIM ULTRACEMCO
1505.33 240.98 1051.00 3875.97
LT
1535.37
ASIANPAINT HINDUNILVR ITC
1021.37 880.92 294.48
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
734.73 501.17 181.65 216.38 212.17 1066.42 84.55
8820 8679 AUTOMOBILE 2888.33 2838.67 23589.57 22829.78 24422.17 23413.73 3295.53 3223.02 1302.87 1265.43 6264.03 6069.77 343.33 336.42 538.73 528.37 CEMENT & CEMENT PRODUCTS 1464.62 1435.43 235.12 230.63 997.65 952.20 3806.73 3731.27 CONSTRUCTION 1508.03 1467.52 CONSUMER GOODS 1003.63 983.32 865.33 851.97 283.77 269.18 ENERGY 716.67 694.93 489.93 476.77 176.80 173.05 208.67 204.08 206.93 204.02 1050.03 1037.42 82.60 80.80
513.57 202.25 1340.35 1453.75 301.98 1366.37 806.27 290.82 1437.23
FINANCIAL SERVICES 502.13 481.07 194.35 179.35 1325.70 1301.35 1425.60 1389.30 291.77 277.28 1334.78 1283.92 785.78 762.47 284.18 271.92 1417.52 1399.28
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
8899
Resistance1
Pivot
Support 1
Support 2
8600
8459
2758.33 21659.57 22377.47 3141.48 1223.27 5921.18 327.13 512.23
2708.67 20899.78 21369.03 3068.97 1185.83 5726.92 320.22 501.87
1394.72 224.77 898.85 3662.03
1365.53 220.28 853.40 3586.57
1440.18
1399.67
965.58 836.38 258.47
945.27 823.02 243.88
676.87 465.53 168.20 196.37 198.78 1021.03 78.85
655.13 452.37 164.45 191.78 195.87 1008.42 77.05
469.63 171.45 1286.70 1361.15 267.07 1252.33 741.98 265.28 1379.57
448.57 156.45 1262.35 1324.85 252.58 1201.47 718.67 253.02 1361.33
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 6 FEB TO 10 FEB 17
BHEL
147.70
HCLTECH INFY TCS TECHM WIPRO
881.02 977.80 2444.78 522.75 479.68
ZEEL
525.92
INDUSTRIAL MANUFACTURING 145.20 140.45
137.95
133.20
792.13 909.80 2139.72 442.40 446.07
753.52 883.50 2046.88 404.35 434.38
484.08
472.32
318.68 192.77 470.28
310.47 185.53 459.67
294.78 179.32 446.53
302.43
293.62
283.68
685.20 595.23 3082.55 1479.25 640.18
656.05 578.97 3006.10 1448.45 625.47
627.40 550.03 2867.65 1404.90 603.68
348.62 312.85 102.65
327.28 269.70 86.30
300.77 239.55 63.15
IT 855.88 956.95 2338.67 501.60 468.72
817.27 930.65 2245.83 463.55 457.03
MEDIA & ENTERTAINMENT 510.88 499.12 METALS
COALINDIA HINDALCO TATASTEEL
342.58 206.22 494.03
334.37 198.98 483.42 SERVICES
ADANIPORTS
321.18
312.37
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
743.00 640.43 3297.45 1553.60 676.68
713.85 624.17 3221.00 1522.80 661.97
BHARTIARTL INFRATEL IDEA
396.47 386.15 142.15
375.13 343.00 125.80
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close IDEA 78.00 BANKBARODA 167.70 BHARTIARTL 323.75 ITC 257.40 DRREDDY 2994.55
Current Price 109.45 186.45 353.80 273.05 3144.55
% Change 40.32% 11.18% 9.28% 6.08% 5.01%
In Points 31.45 18.75 30.05 15.05 150.00
Weekly Top losers stocks Script Symbol Previous Close INFRATEL 353.90 TCS 2357.80 AUROPHARMA 713.60 TATAMOTORS 541.95 NTPC 177.50
Current Price 299.85 2232.55 684.70 522.60 171.95
% Change -15.27% -5.31% -4.05% -3.57% -3.13%
In Points -54.05 -125.25 -28.90 -19.35 -5.55
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WEEKLY TECHNICAL REPORT 6 FEB TO 10 FEB 17 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
03/FEB/2017
5123.63
4769.79
353.84
02/FEB/2017
5360.88
5252.29
108.59
01/FEB/2017
5530.41
5437.68
92.73
31/JAN/2017
4608.79
5141.67
-532.88
30/JAN/2017
3212.83
2605.47
607.36
DATE
Buy Value
Sell Value
Net Value
03/FEB/2017
2354.95
2397.48
-42.53
02/FEB/2017
3083.74
3194.63
-110.89
01/FEB/2017
3460.36
2326.62
1133.74
31/JAN/2017
3726.34
3488.97
237.37
30/JAN/2017
2525.39
2485.35
40.04
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
23/FEB/2017
CE
8800
150522
4591875
23/FEB/2017
CE
8900
126397
4025775
23/FEB/2017
CE
9000
126065
6382875
23/FEB/2017
PE
8700
135031
3309600
23/FEB/2017
PE
8600
106139
4469400
23/FEB/2017
PE
8500
95354
5320050
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
09/FEB/2017
CE
20500
91504
362880
09/FEB/2017
CE
20300
78935
197960
09/FEB/2017
CE
20200
56284
217280
09/FEB/2017
PE
20000
67767
293200
09/FEB/2017
PE
19800
55559
169600
09/FEB/2017
PE
19500
54618
316360
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 6 FEB TO 10 FEB 17 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
4 FEB 17
LICHSGFIN
BUY ON DEEP
550-555
577-605
OPEN
28 JAN 17
LUPIN
BUY ON DEEP
1490-1500
1560-1620
OPEN
21 JAN 17
AMBUJACEM
BUY ON DEEP
216-218
226-236
7 JAN 17
MOTHERSUMI
BUY ON DEEP
332-330
345-360
31 DEC 16
VEDL
BUY AROUND
216
225-235
24 DEC 16
SUNPHARMA
BUY ABOVE
625
650-675
17 DEC 16
HDFCBANK
BUY ABOVE
1200
1250-1300
10 DEC 16
HINDALCO
BUY ON DEEP
182-180
189-200
3 DEC 16
ONGC
BUY ON DEEP
288-290
300-315
26 NOV 16
VEDL
BUY ON DEEP
223-220
232-242
19 NOV 16
BANKBARODA
BUY AROUND
177
184-192
EXIT AT 170
12 NOV 16
CANBK
BUY ON DEEP
310-311
323-337
1ST TARGET ACHIEVED
5 NOV 16
INFY
BUY ABOVE
980
1020-1060
EXIT AT 940
28 OCT 16
VEDL
BUY ON DEEP
202-201
210-220
ALL TARGET ACHIEVED
1ST TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED EXIT AT 172 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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