EQUITY TECHNICAL REPORT WEEKLY [8 AUG to 12 AUG 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 8 AUG TO 12 AUG 16
NIFTY 50 8683.15 (44.65) (0.52%) The Week has started on a bullish; Nifty consolidated after making a fresh one year high on the back of negative cues coming from international markets. The market was come down wiped off all its gains to settle the day Nifty ends below 8650-mark on Monday. On Tuesday, The Nifty closed with a loss of 14 points at 8622. The Nifty opened at 8647 hitting a high of 8687 and low of 8611. On Wednesday, The Nifty closed with a loss of 78 points at 8544 And Nifty cracked below the level of 8550 and made a support level of 8525. The Wednesday market was volatile due to the Rajyasabha Finally, passage of the Goods and Services Tax (GST) Bill. On Thursday, Volatility was there in the market. Nifty continues to follow the down trend, but nifty take a support level of 8525 and close above level of 8550. We had recommended on last week research report (see our weekly report 1AUG to 5 AUG) [WE ADVISED TO BUY NIFTY FUTURE AROUND 8600-8615 TARGET 8680-8780. OUR TARGET ACHIEVED ON FIRDAY 2 AUG 2016 NIFTY FUTURE MADE A HIGH AT 8747] On Friday, Trading for the week ended with strong gains 132 points and nifty take a resistance level of 8700 and close below at 8683. The Nifty50 (spot) opened the week at 8654.30, made a high of 8711.30 low of 8511.40 and closed the week at 8683.15. Thus the Nifty closed the week with a gaining of 44.65 points or 0.52%.
Formations
The 20 days EMA are placed at 8544.41 The 5 days EMA are placed at 8616.26 www.zoidresearch.com
Future Outlook: The Nifty daily chart is bullish; we advised to buy Nifty future around 8700 target 8800. The Nifty future selling pressure below 8550 and down trend target will be 8440. Nifty upside weekly Resistance is 8700-8800 level. On the downside strong support 8550-8425 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 8 AUG TO 12 AUG 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO
2992.03 25795.67 23876.32 3639.18 1532.27 5184.38 348.68 546.73
BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
8831
Resistance1
Pivot
Support 1
Support 2
8564
8444
2751.07 24489.38 21200.78 3270.97 1445.48 4796.27 317.37 488.37
2640.03 23943.67 20178.42 3097.98 1406.97 4650.88 303.48 460.33
1677.32 264.95
1633.58 254.00
4997.95 3681.43
4730.45 3555.97
1453.07
1393.93
1120.73 909.28 247.40
1098.12 893.07 242.25
561.87 373.20 157.77 220.13
537.18 363.85 154.08 214.32
177.13 1006.65
173.07 993.00
169.63 969.75
70.05
69.00
549.07 149.20
530.88 140.75
8756 8638 AUTOMOBILE 2927.07 2816.03 25415.38 24869.67 23049.73 22027.37 3541.57 3368.58 1508.13 1469.62 5063.02 4917.63 339.97 326.08 531.57 503.53 CEMENT & CEMENT PRODUCTS 1744.62 1700.88 281.75 270.80
ACC AMBUJACEM GRASIM ULTRACEMCO
1768.18 287.60
LT
1645.13
ASIANPAINT HINDUNILVR ITC
1177.22 957.07 267.15
BPCL GAIL NTPC ONGC
628.18 395.85 166.68 232.52
5447.00 5179.50 3887.68 3762.22 CONSTRUCTION 1578.67 1519.53 CONSUMER GOODS 1160.28 1137.67 941.28 925.07 259.85 254.70 ENERGY 607.37 582.68 389.20 379.85 164.07 160.38 229.23 223.42
POWERGRID RELIANCE TATAPOWER
184.63 1043.55
180.57 1029.90
AXISBANK
587.18 168.15
72.60 71.55 FINANCIAL SERVICES 577.22 559.03 162.90 154.45
1276.58 1435.23
1262.92 1388.67
1245.28 1350.88
1231.62 1304.32
1213.98 1266.53
272.48 1239.07
259.22 1211.83
247.93 1184.67
234.67 1157.43
223.38 1130.27
794.12
784.23
766.12
756.23
738.12
240.65 1301.12
236.70 1279.78
229.95 1241.67
226.00 1220.33
219.25 1182.22
BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
5628.55 3968.47
74.10
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 8 AUG TO 12 AUG 16
BHEL
156.43
HCLTECH INFY
WIPRO
916.92 1099.80 2761.70 527.22 568.07
ZEEL
522.07
COALINDIA HINDALCO
338.03
TCS TECHM
TATASTEEL
INDUSTRIAL MANUFACTURING 147.07 139.63 IT 869.33 810.92 1083.90 1071.95 2705.40 2668.70 511.13 493.62 557.63 551.32 MEDIA & ENTERTAINMENT 509.23 496.52 METALS 333.72 327.18
151.17 401.73
147.43 391.72
130.27
122.83
763.33 1056.05 2612.40 477.53 540.88
704.92 1044.10 2575.70 460.02 534.57
483.68
470.97
322.87
316.33
140.52 372.98
136.78 362.97
129.87 344.23
230.58
224.92
215.83
772.33 527.85 2984.57 1688.18 839.38
737.87 520.70 2954.13 1628.47 823.82
705.78 508.15 2899.57 1582.28 805.73
362.85 394.77 105.17
354.20 381.03 103.33
344.40 372.82 100.47
SERVICES ADANIPORTS
245.33
239.67
AUROPHARMA CIPLA
838.88 547.55 3069.57 1794.08 873.03
804.42 540.40 3039.13 1734.37 857.47
381.30 416.72 109.87
372.65 402.98 108.03
PHARMA
DRREDDY LUPIN SUNPHARMA
TELECOM BHARTIARTL INFRATEL IDEA
Weekly Top gainers stocks Script Symbol Previous Close HCLTECH 752.95 HINDALCO 133.55 GRASIM 4894.50 HEROMOTOCO 3203.15 TATASTEEL 355.05
Current Price 821.75 143.70 5265.45 3443.95 381.70
% Change 9.14% 7.60% 7.58% 7.52% 7.51%
In Points 68.80 10.15 370.95 240.80 26.65
Weekly Top losers stocks Script Symbol Previous Close ICICIBANK 262.90 BHEL 145.90 LUPIN 1739.85 LT 1558.85 AUROPHARMA 791.45
Current Price 245.95 137.70 1674.65 1512.20 769.95
% Change -6.45% -5.62% -3.75% -2.99% -2.72%
In Points -16.95 -8.20 -65.20 -46.65 -21.50
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WEEKLY TECHNICAL REPORT 8 AUG TO 12 AUG 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
5/AUG/2016
4264.48
3828.85
435.63
4/AUG/2016
4144.11
3584.62
559.49
3/AUG/2016
4698.92
4120.63
578.17
2/AUG/2016
4914.92
4378.65
536.27
1/AUG/2016
5928.19
5201.97
726.22
DATE
Buy Value
Sell Value
Net Value
5/AUG/2016
2163.06
1546.74
616.32
4/AUG/2016
1682.14
2209.25
-527.11
3/AUG/2016
1674.42
2475.17
-800.75
2/AUG/2016
2234.26
2617.49
-383.23
1/AUG/2016
2159.81
2573.58
-413.77
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
25/AUG/2016
CE
8700
208285
4015725
25/AUG/2016
CE
8800
175609
5421075
25/AUG/2016
CE
8900
129310
4604850
25/AUG/2016
PE
8600
183436
4649925
25/AUG/2016
PE
8500
150786
5329725
25/AUG/2016
PE
8400
123576
4517175
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
11/AUG/2016
CE
19000
75690
233360
11/AUG/2016
CE
19100
40181
188320
11/AUG/2016
CE
19200
35795
133360
11/AUG/2016
PE
18500
52336
283600
11/AUG/2016
PE
18700
36537
117520
11/AUG/2016
PE
18600
28475
115600
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 8 AUG TO 12 AUG 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
6 AUG 16
BHARATFORG
BUY ON DEEP
800-795
835-875
OPEN
30 JULY 16
RELCAPITAL
BUY ON DEEP
440-442
458-480
OPEN
23 JULY 16
ITC
BUY ABOVE
254
265-275
BOOK AT 262
16 JULY 16
JETAIRWAYS
SELL BELOW
555
530-505
EXIT AT 580
9 JULY 16
RELIANCE
SELL ON RISE
980-982
940-900
NOT EXECUTED
2 JULY 16
GAIL
BUY ON DEEP
390-392
406-422
OPEN
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
30 APR 16
GLENMARK
BUY ON DEEP
828-825
862-900
22 APR 16
PFC
BUY ON DEEP
175-173
182-190
1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 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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