Equity (NIFTY) Technical Report (07 - 11 Nov)

Page 1

EQUITY TECHNICAL REPORT WEEKLY [7 NOV to 11 NOV 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 7 NOV TO 11 NOV 16

NIFTY 50 8433.75 (-204.25) (-2.38%) The Indian markets open with positive after Diwali holidays. The nifty failed to maintain the early momentum and gave up its early gains towards the fag-end to close 0.55 points down at 8626.25 On Tuesday. On Wednesday, Nifty continues to follow the downtrend and Nifty opened a gap down due to weakness of global cues. On Thursday, The Indian equity market closed down for a second straight season and Nifty settled below its crucial psychological level of 8,500 and Nifty closed near day low of 8476. On Friday, The market has opened in green. The Nifty closed with a loss of 51 points at 8434. The Nifty opened at 8503 hitting a high of 8504 and low of 8400. The Nifty50 (spot) opened the week at 8672.35, made a high of 8678.25 low of 8400.25 and closed the week at 8433.75. Thus the Nifty closed the week with a losing of -204.25 points or -2.38%. Formations 

The 20 days EMA are placed at 8613.76



The 5 days EMA are placed at 8516.31

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Future Outlook: The Nifty daily chart is bearish trend; we advised to Nifty future sell on rise around 8500-8475 target will be 84008300. The nifty future buying pressure below 8600. Nifty upside weekly Resistance is 8750-8600 level. On the downside strong support 8325-8225 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 7 NOV TO 11 NOV 16

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

Resistance2

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

2924.77 23059.33 26154.48 3445.97 1444.12 6088.75 364.68 553.57

ACC AMBUJACEM GRASIM ULTRACEMCO

1552.22 251.12 1016.48 4071.35

LT

1524.53

ASIANPAINT HINDUNILVR ITC

1109.65 859.57 268.15

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

699.63 451.13 161.17 300.23 183.08 1080.18 81.53

8608 8504 AUTOMOBILE 2869.53 2819.77 22285.17 21603.43 25042.12 24408.53 3366.93 3321.97 1408.23 1356.12 5896.80 5782.05 350.17 337.58 532.93 517.27 CEMENT & CEMENT PRODUCTS 1521.13 1497.62 245.98 240.77 958.42 921.73 3962.95 3890.60 CONSTRUCTION 1472.17 1434.53 CONSUMER GOODS 1076.35 1054.90 853.78 842.72 258.60 246.85 ENERGY 671.57 651.78 437.57 428.43 157.33 153.77 284.87 274.93 178.32 174.78 1042.87 1021.43 78.07 76.03

502.17 163.25 1278.53 1454.38 286.03 1264.17 841.15 268.62 1310.63

FINANCIAL SERVICES 490.43 479.27 152.90 147.10 1261.12 1246.43 1420.27 1397.63 277.92 271.63 1241.68 1213.97 820.40 805.25 255.73 248.02 1253.37 1221.68

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

8782

Resistance1

Pivot

Support 1

Support 2

8330

8226

2764.53 20829.27 23296.17 3242.93 1320.23 5590.10 323.07 496.63

2714.77 20147.53 22662.58 3197.97 1268.12 5475.35 310.48 480.97

1466.53 235.63 863.67 3782.20

1443.02 230.42 826.98 3709.85

1382.17

1344.53

1021.60 836.93 237.30

1000.15 825.87 225.55

623.72 414.87 149.93 259.57 170.02 984.12 72.57

603.93 405.73 146.37 249.63 166.48 962.68 70.53

467.53 136.75 1229.02 1363.52 263.52 1191.48 784.50 235.13 1164.42

456.37 130.95 1214.33 1340.88 257.23 1163.77 769.35 227.42 1132.73

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 7 NOV TO 11 NOV 16

BHEL

147.13

HCLTECH INFY TCS TECHM WIPRO

823.25 1025.40 2465.78 460.15 476.63

ZEEL

536.48

INDUSTRIAL MANUFACTURING 140.92 137.28

131.07

127.43

770.50 952.40 2273.72 414.90 442.32

746.25 933.80 2216.88 399.75 432.13

493.67

481.18

319.83 158.22 408.43

308.37 150.03 392.92

300.83 141.22 382.73

293.62

278.33

268.97

754.12 554.43 3173.08 1452.63 682.87

681.48 528.27 2973.42 1361.27 615.73

634.87 511.83 2867.13 1301.63 579.97

310.75 364.90 73.87

300.00 345.30 69.88

293.30 326.55 67.62

IT 809.00 998.20 2398.17 445.10 464.57

784.75 979.60 2341.33 429.95 454.38

MEDIA & ENTERTAINMENT 521.32 508.83 METALS

COALINDIA HINDALCO TATASTEEL

338.83 175.22 434.13

327.37 167.03 418.62 SERVICES

ADANIPORTS

318.27

302.98

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

873.37 597.03 3479.03 1603.63 785.77

800.73 570.87 3279.37 1512.27 718.63

BHARTIARTL INFRATEL IDEA

328.20 403.25 80.12

317.45 383.65 76.13

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close HINDALCO 149.65 INFRATEL 345.65 M&M 1311.80 HCLTECH 763.15 ITC 243.10

Current Price 158.85 364.05 1372.35 794.75 249.05

% Change 6.15% 5.32% 4.62% 4.14% 2.45%

In Points 9.20 18.40 60.55 31.60 5.95

Weekly Top losers stocks Script Symbol Previous Close SUNPHARMA 743.40 AUROPHARMA 811.80 BANKBARODA 156.25 DRREDDY 3363.45 GRASIM 965.30

Current Price 651.50 728.10 142.55 3079.70 900.35

% Change -12.36% -10.31% -8.77% -8.44% -6.73%

In Points -91.90 -83.70 -13.70 -283.75 -64.95

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WEEKLY TECHNICAL REPORT 7 NOV TO 11 NOV 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

4/NOV/2016

4277.18

4620.48

-343.30

3/NOV/2016

3060.22

3766.99

-706.77

2/NOV/2016

3625.45

4292.82

-667.37

1/NOV/2016

4897.30

5021.26

-123.96

30/OCT/2016

17.21

123.98

-106.77

DATE

Buy Value

Sell Value

Net Value

4/NOV/2016

5115.39

4025.53

1089.86

3/NOV/2016

2775.42

2240.44

534.98

2/NOV/2016

2376.08

1968.81

407.27

1/NOV/2016

2226.90

2034.80

192.10

30/OCT/2016

30.96

17.81

13.15

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

24/NOV/2016

CE

8600

170879

3384600

24/NOV/2016

CE

8700

163720

3989475

24/NOV/2016

CE

8500

133030

2854050

24/NOV/2016

PE

8400

191017

4387875

24/NOV/2016

PE

8300

158369

3292125

24/NOV/2016

PE

8500

153893

3696450

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

10/NOV/2016

CE

19500

84388

472720

10/NOV/2016

CE

19600

47072

141320

10/NOV/2016

CE

19400

39225

167800

10/NOV/2016

PE

18500

59682

275640

10/NOV/2016

PE

19000

57847

319960

10/NOV/2016

PE

18800

44898

102280

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 7 NOV TO 11 NOV 16 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

5 NOV 16

INFY

BUY ABOVE

980

1020-1060

28 OCT 16

VEDL

BUY ON DEEP

202-201

210-220

ALL TARGET ACHIEVED

15 OCT 16

TATAMTRDVR

BUY ON DEEP

360-358

375

EXIT AT 344

8 OCT 16

HDFCBANK

SELL BELOW

1285

1233-1180

1ST TARGET ACHIEVED

1 OCT 16

ZEEL

BUY AROUND

540-545

565-590

(OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS 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

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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