EQUITY TECHNICAL REPORT WEEKLY [4 APR to 8 APR 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 4 APR TO 8 APR 16
NIFTY 50 7713.05 (-3.45) (0.045%) The week has started on a positive note. Nifty future opened above the 7700 level but before the closing it came down below the 7611 level. Nifty future has made a high of 7730 & low of 7634 & it has closed above the level 7650 at 7659 on Monday. On Tuesday Nifty retreated below the key 7600-mark, The NSE Nifty closed with a loss of 18 points at 7597. We had recommended on last week research report (see our weekly report 28 MAR. to 1 APR) [WE ADVISED TO BUY NIFTY FUTURE AROUND 7650 TARGET 7800. WE ARE EXPECTING NIFTY TAKE A CORRECTION AROUND 7625-7650 OUR TARGET ALMOST ACHIEVED ON FIRDAY 31 MAR 2016]. On Thursday Nifty ended today's
session on a flat note amid volatility due to expiration of derivative contracts for the month of March. The Nifty futures started the March derivatives expiry session on a negative note at 7734; and subsequently entered positive territory. It breached a key resistance at 7,750 and recorded an intra-day high at 7777. On Friday The market turned lackluster at the start of the new financial year as the dragging manufacturing data in euro zone forced investors to book profit. The Nifty futures April contract started the session on a negative note at 7754 and continued to trade in the negative territory. The Nifty50 opened the week at 7741, made a high of 7777.60, low of 7582.25 and closed the week at 7713.05. Thus the Nifty closed the week with a losing of -3.45 points.
Formations
 The 20 days EMA are placed at 7740.90  The 5 days EMA are placed at 7741.05
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Future Outlook: The Nifty daily chart is bullish; we advised to buy nifty future around 7700 target 7875. Nifty selling pressure near below 7600. Nifty upside weekly Resistance is 7800-7880 level. On the downside strong support at 7600-7500
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 4 APR TO 8 APR 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2527.95 21480.22 20230.65 3076.95 1294.40 3858.17 287.52 410.35
ACC AMBUJACEM GRASIM ULTRACEMCO
1458.53 243.55 3978.00 3337.17
LT
1283.70
ASIANPAINT HINDUNILVR ITC
908.20 889.60 348.42
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
949.25 368.37 134.55 222.87 143.10 1070.05 68.80
7800 7691 AUTOMOBILE 2473.90 2402.95 20684.38 20204.17 19742.35 18961.70 3014.00 2923.00 1244.80 1216.40 3790.68 3710.32 336.78 353.27 395.00 378.25 CEMENT & CEMENT PRODUCTS 1436.17 1394.63 239.45 232.30 3915.40 3824.40 3270.43 3193.27 CONSTRUCTION 1260.80 1225.40 CONSUMER GOODS 889.10 865.90 878.70 867.10 342.23 330.62 ENERGY 918.25 890.90 358.03 351.67 132.25 129.55 215.83 211.97 140.70 138.60 1052.25 1033.95 67.00 63.70
472.77 164.13 1098.92 1203.30 252.97 1006.00 712.80 205.78 894.87
FINANCIAL SERVICES 461.33 440.57 158.47 147.83 1081.68 1061.67 1158.35 1125.30 245.63 234.02 983.65 947.65 696.35 678.45 200.72 193.68 875.23 855.37
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
7886
Resistance1
Pivot
Support 1
Support 2
7604
7496
2348.90 19408.33 18473.40 2860.05 1166.80 3642.83 402.53 362.90
2277.95 18928.12 17692.75 2769.05 1138.40 3562.47 419.02 346.15
1372.27 228.20 3761.80 3126.53
1330.73 221.05 3670.80 3049.37
1202.50
1167.10
846.80 856.20 324.43
823.60 844.60 312.82
859.90 341.33 127.25 204.93 136.20 1016.15 61.90
832.55 334.97 124.55 201.07 134.10 997.85 58.60
429.13 142.17 1044.43 1080.35 226.68 925.30 662.00 188.62 835.73
408.37 131.53 1024.42 1047.30 215.07 889.30 644.10 181.58 815.87
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 4 APR TO 8 APR 16
BHEL
126.12
HCLTECH INFY TCS TECHM WIPRO
839.53 1256.78 2595.23 492.03 585.38
ZEEL
404.58
INDUSTRIAL MANUFACTURING 121.28 115.87
111.03
105.62
805.37 1185.67 2408.67 456.32 549.27
790.33 1165.88 2363.43 449.53 536.38
375.17
363.58
292.17 87.23 313.63
285.83 81.97 301.52
284.67 77.28 285.28
241.87
233.73
224.57
732.37 515.48 2980.55 1430.95 810.37
706.23 493.62 2886.55 1313.90 774.73
682.57 472.68 2793.15 1162.95 734.37
342.88 381.58 108.57
324.77 370.17 102.03
314.08 354.73 96.97
IT 829.97 1231.12 2524.57 477.57 573.77
814.93 1211.33 2479.33 470.78 560.88
MEDIA & ENTERTAINMENT 395.67 384.08 METALS
COALINDIA HINDALCO TATASTEEL
299.67 97.18 341.98
293.33 91.92 329.87 SERVICES
ADANIPORTS
259.17
251.03
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
782.17 558.28 3167.95 1698.95 886.37
756.03 536.42 3073.95 1581.90 850.73
BHARTIARTL INFRATEL IDEA
371.68 408.43 120.17
353.57 397.02 113.63
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close BANKBARODA 144.00 TATAPOWER 62.65 EICHERMOT 18554.05 ITC 324.25 INDUSINDBK 928.05
Current Price 152.80 65.20 19254.05 336.05 961.30
% Change 6.11% 4.07% 3.77% 3.64% 3.58%
In Points 8.80 2.55 700.00 11.80 33.25
Weekly Top losers stocks Script Symbol Previous Close BHARTIARTL 358.20 HINDALCO 91.30 M&M 1249.35 HDFC 1162.75 LUPIN 1524.15
Current Price 335.45 86.65 1195.20 1113.40 1464.85
% Change -6.35% -5.09% -4.33% -4.24% -3.89%
In Points -22.75 -4.65 -54.15 -49.35 -59.30
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 4 APR TO 8 APR 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
1/APR/2016
3725.52
3511.51
214.01
31/MAR/2016
11230.72
7174.10
4056.62
30/MAR/2016
5866.32
4423.85
1442.47
29/MAR/2016
4577.65
4064.20
513.45
28/MAR/2016
5346.52
3303.58
2042.94
DATE
Buy Value
Sell Value
Net Value
1/APR/2016
1159.75
1679.66
-519.91
31/MAR/2016
3473.08
6363.65
-2890.57
30/MAR/2016
1907.34
2304.24
-396.90
29/MAR/2016
1834.08
2390.77
-556.69
28/MAR/2016
1408.82
3903.26
-2494.44
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
23/MAR/2016
CE
7800
187973
3208125
23/MAR/2016
CE
8000
159106
5584050
23/MAR/2016
CE
7900
140768
3955950
23/MAR/2016
PE
7700
186054
2208450
23/MAR/2016
PE
7600
180849
3195525
23/MAR/2016
PE
7500
163855
4424325
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
23/MAR/2016
CE
17000
33683
388500
23/MAR/2016
CE
16500
31326
330930
23/MAR/2016
CE
17500
16355
173370
23/MAR/2016
PE
15500
26373
191700
23/MAR/2016
PE
15000
26106
310860
23/MAR/2016
PE
16000
25720
148410
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 4 APR TO 8 APR 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
2 APR 16
TATAMOTORS
BUY ON DEEP
378-380
395-412
OPEN
26 MAR 16
BATAINDIA
BUY ON DEEP
500-498
520-550
OPEN ST
1 TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED
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
23 JAN 16
CENTURYTEX
BUY ON DEEP
520-517
545-570
EXIT AT 500
16 JAN 16
ASIANPAINT
BUY ON DEEP
880-875
915-955
BP AT 907
9 JAN 16
DLF
SELL BELOW
107
102
26 DEC 15
VEDL
BUY ON DEEP
92
95.50
19 DEC 15
CROMPGREAV
BUY ON DEEP
188-187
194-202
TARGET ACHIEVED 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
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