EQUITY TECHNICAL REPORT WEEKLY [9 MAY to 13 MAY 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 9 MAY TO 13 MAY 16
NIFTY 50 7733.45 (-116.35) (-1.48) May 2016, started off on a weaker note for the Indian stock markets. Nifty opened on a negative note, Nifty hit below 7800 mark on Monday. On Tuesday Market was highly volatile. After opening above the 7800 level nifty suddenly came down below the support level 7750. On Wednesday bulls were trapped in bear’s grip. Nifty has closed below the support level 7750. The market yet again closed in the negative terrain extending its losing streak to the third consecutive trading session owing to persistent selling by the FIIs amid weakness in global peers. On Thursday Range bound movement was there in the market. Snapping three-day long falling spree, Nifty settled the day above its key 7700-mark. On Friday divergent trend for various index constituents, the Nifty 50 index provisionally ended near the flat line. Nifty managed to hold above its key 7700-mark. The Nifty closed with a loss of mere two points at 7733. The Nifty50 opened the week at 7894.80, made a high of 7992, low of 7788.70 and closed the week at 7849.80. Thus the Nifty closed the week with a losing of -49.5 points or -0.63% Formations
The 20 days EMA are placed at 7770.66 The 5 days EMA are placed at 7755.68
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Future Outlook: The Nifty daily chart is bearish; we advised to sell Nifty future around 7725-7750 target 7600. The Nifty future buying pressure above 7825 on closing basis. Nifty upside weekly Resistance is 7825-8000 level. On the downside strong support at 7650-7550 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 9 MAY TO 13 MAY 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50
Resistance2
BAJAJ-AUTO
2523.53 20271.92 21060.90 3029.93 1376.00 3943.92 325.83 442.17
BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
7979
Resistance1
Pivot
Support 1
Support 2
7645
7555
2410.57 18759.98 19504.00 2820.42 1307.10 3754.03 272.87 378.53
2385.93 18392.02 18792.10 2750.53 1283.40 3689.12 258.93 358.37
1387.68 213.15
1349.92 206.35
4048.40 3026.20
3984.75 2952.50
1236.58
1212.72
869.80 845.00 307.80
850.55 836.60 297.90
915.53 364.63 136.03 203.40
891.87 345.42 132.07 198.35
143.25 976.97
139.70 958.98
136.95 949.02
69.97
67.73
453.60 145.13
445.75 139.67
7856 7767 AUTOMOBILE 2479.37 2454.73 19699.93 19331.97 20638.40 19926.50 2960.12 2890.23 1353.40 1329.70 3881.43 3816.52 306.32 292.38 420.43 400.27 CEMENT & CEMENT PRODUCTS 1454.83 1417.07 226.35 219.55
ACC AMBUJACEM GRASIM ULTRACEMCO
1484.22 232.75
LT
1307.02
ASIANPAINT HINDUNILVR ITC
909.25 877.40 333.90
BPCL GAIL NTPC ONGC
1010.87 406.12 145.47 225.95
4177.30 4113.65 3209.45 3135.75 CONSTRUCTION 1283.73 1259.87 CONSUMER GOODS 899.15 879.90 865.40 857.00 325.80 315.90 ENERGY 975.03 951.37 394.98 375.77 142.73 138.77 217.20 212.15
POWERGRID RELIANCE TATAPOWER
149.55 1004.92
146.00 986.93
AXISBANK
486.85 164.87
73.97 71.73 FINANCIAL SERVICES 474.15 466.30 157.73 152.27
1811.12 1238.50
1465.38 1203.15
789.27 1140.85
443.53 1105.50
-232.58 1043.20
238.07 1073.57
228.33 1057.88
220.77 1041.57
211.03 1025.88
203.47 1009.57
736.58
719.77
707.93
691.12
679.28
194.48 976.43
189.42 943.32
184.28 924.48
179.22 891.37
174.08 872.53
BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
4242.55 3319.00
75.73
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 9 MAY TO 13 MAY 16
BHEL
135.82
HCLTECH INFY
WIPRO
768.60 1229.67 2577.13 494.35 560.57
ZEEL
434.03
COALINDIA HINDALCO
298.03
TCS TECHM
TATASTEEL
INDUSTRIAL MANUFACTURING 131.28 125.17 IT 745.60 733.30 1205.58 1188.12 2525.27 2478.13 483.70 474.35 546.83 539.22 MEDIA & ENTERTAINMENT 418.57 407.43 METALS 289.97 281.18
105.57 367.87
98.73 348.58
120.63
114.52
710.30 1164.03 2426.27 463.70 525.48
698.00 1146.57 2379.13 454.35 517.87
391.97
380.83
273.12
264.33
93.82 336.37
86.98 317.08
82.07 304.87
207.45
177.65
160.75
793.63 536.97 2935.73 1595.53 806.48
767.37 526.93 2790.52 1559.07 784.97
734.93 516.52 2714.73 1531.28 765.53
360.42 375.07 115.68
350.33 362.33 110.12
341.57 354.62 106.03
SERVICES ADANIPORTS
254.15
224.35
AUROPHARMA CIPLA
852.33 557.42 3156.73 1659.78 847.43
826.07 547.38 3011.52 1623.32 825.92
379.27 395.52 125.33
369.18 382.78 119.77
PHARMA
DRREDDY LUPIN SUNPHARMA
TELECOM BHARTIARTL INFRATEL IDEA
Weekly Top gainers stocks Script Symbol Previous Close HDFC 1088.45 GAIL 360.35 AUROPHARMA 759.95 ASIANPAINT 866.25 TATAPOWER 70.50
Current Price 1167.80 383.85 799.80 889.05 72.20
% Change 7.29% 6.52% 5.24% 2.63% 2.41%
In Points 79.35 23.50 39.85 22.80 2.41
Weekly Top losers stocks Script Symbol Previous Close ADANIPORT 238.20 ICICIBANK 236.95 DRREDDY 3088.70 TATASTEEL 351.10 HINDALCO 96.35
Current Price 194.55 318.60 2866.30 329.30 91.90
% Change -18.32% -7.74% -7.20% -6.21% -4.62%
In Points -43.65 -18.35 -222.40 -21.80 -7.30
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 9 MAY TO 13 MAY 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
6/MAY/2016
2768.13
2740.42
27.71
5/MAY/2016
3721.95
4110.46
-388.51
4/MAY/2016
3705.95
3772.40
-66.45
3/MAY/2016
3598.55
4353.83
-755.28
2/MAY/2016
2977.66
2542.73
434.93
DATE
Buy Value
Sell Value
Net Value
6/MAY/2016
1154.35
974.55
179.8
5/MAY/2016
1397.92
1146.13
251.79
4/MAY/2016
1664.67
1743.47
-78.80
3/MAY/2016
1945.94
1461.30
484.64
2/MAY/2016
944.81
1054.37
-109.56
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
26/MAY/2016
CE
7800
272897
4113750
26/MAY/2016
CE
7900
212506
5128500
26/MAY/2016
CE
8000
205815
6585150
26/MAY/2016
PE
7700
188982
4443600
26/MAY/2016
PE
7600
180315
3427200
26/MAY/2016
PE
7500
142339
4431600
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
26/MAY/2016
CE
17000
48421
649500
26/MAY/2016
CE
16500
33483
276270
26/MAY/2016
CE
17500
23461
522390
26/MAY/2016
PE
16000
35604
429360
26/MAY/2016
PE
15500
24093
411990
26/MAY/2016
PE
15000
13106
181020
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 9 MAY TO 13 MAY 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
7 MAY 16
TITAN
BUY ON DEEP
360-362
375-395
OPEN
30 APR 16
GLENMARK
BUY ON DEEP
828-825
862-900
OPEN ST
1 TARGET ACHIEVED 2ND TARGET AT 57.85
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
12 MAR 16
TATAMOTORS
BUY ON DEEP
348-350
365-380
5 MAR 16
SBIN
BUY ON DEEP
180-178
187-199
27 FEB 16
CROMPGREAV
BUY ABOVE
130
136-145
20 FEB 16
ADANIPORT
BUY ON DEEP
210-208
219-222
13 FEB 16
APOLLOTYRE
BUY ON DEEP
148-146
155-165
30 JAN 16
IRB
BUY ON DEEP
240-238
250
BP AT 1500 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED ALL 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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ZOID RESEARCH TEAM