Equity Technical Report 10 Apr to 14 Apr

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EQUITY TECHNICAL REPORT WEEKLY [10 APR to 14 APR 2017]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 APR TO 14 APR 17

NIFTY 50 9198.30 (24.55) (0.27%) The Financial Year 2017-18 kick-started on a cheerful note as The benchmark Index Nifty opened with a gap up and made a new high at 9245 and closed at 9238 on Monday. On Tuesday, Market was closed due to Ram Navami Holiday. On Wednesday, Indian Benchmark Index Nifty made an all time high of 9274 the Nifty ended the session around the highest point of the day and closed at 9265. On Thursday, Indian benchmark index Nifty opened gap down by 20 points at 9245, the index made high of 9268 after the announcement of the RBI rate decision. Nifty made a low of 9219 and closed at 9262. The RBI announced its First Bi-monthly Monetary Policy Statement for 2017-18 where the Monetary Policy Committee kept key interest rates (Repo Rate) unchanged at 6.25%. However the committee hiked Reverse Repo rate (the rate at which RBI borrows money from banks) by 25 basis points to 6% from 5.75%. On Friday, The benchmark Index Nifty takes a correction mode. Nifty to remain volatile ahead of Donald Trump & China President Meeting, nifty show amid weaker after the US President Donald Trump order for missile strikes against Syria air base, potentially escalating geopolitical tensions. A range bound trading day ended on a lower note. The benchmark Index Nifty50 (spot) opened the week at 9220.60 made a high of 9273.90 low of 9188.10 and closed the week at 9198.30. Thus the Nifty closed the week with a gaining of 24.55 points or 0.27%.

Future Outlook: Formations 

The 20 days EMA are placed at 9116.77



The 5 days EMA are placed at 9215.32

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The Nifty daily chart is consolidate . we advised to if Nifty future trade above 9225 then targets will be 9350-9400. Or if nifty future trade below 9075 then target will be 8975-8850. Nifty upside weekly Resistance is 9300-9250 level. On the downside strong support at 9150-9050 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 APR TO 14 APR 17

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

Resistance2

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

2901.58 23239.60 26370.82 3308.50 1319.35 6545.12 291.78 485.73

ACC AMBUJACEM GRASIM ULTRACEMCO

1513.87 252.82 1092.97 4223.33

LT

1804.03

ASIANPAINT HINDUNILVR ITC

1113.25 955.17 288.42

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

890.32 400.22 172.45 190.23 202.13 1509.37 92.63

9252 9220 AUTOMOBILE 2866.02 2810.38 23033.20 22791.60 26088.83 25708.02 3261.90 3218.45 1297.45 1283.10 6402.23 6216.12 288.07 284.03 477.02 471.83 CEMENT & CEMENT PRODUCTS 1490.98 1472.07 247.63 241.32 1075.03 1060.07 4152.17 4081.58 CONSTRUCTION 1744.77 1660.68 CONSUMER GOODS 1098.10 1083.30 939.83 922.12 280.53 275.72 ENERGY 782.83 572.02 393.43 385.22 170.35 167.20 188.32 186.53 198.57 195.83 1457.98 1397.52 90.07 88.13

530.70 180.68 1463.05 1567.02 291.82 1445.97 907.67 303.05 1596.72

FINANCIAL SERVICES 517.45 504.40 174.67 171.13 1450.95 1438.00 1525.88 1496.07 284.58 280.17 1429.08 1411.07 890.33 880.17 296.25 291.95 1576.63 1555.82

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

9306

Resistance1

Pivot

Support 1

Support 2

9166

9135

2774.82 22585.20 25426.03 3171.85 1261.20 6073.23 280.32 463.12

2719.18 22343.60 25045.22 3128.40 1246.85 5887.12 276.28 457.93

1449.18 236.13 1042.13 4010.42

1430.27 229.82 1027.17 3939.83

1601.42

1517.33

1068.15 906.78 267.83

1053.35 889.07 263.02

464.53 378.43 165.10 184.62 192.27 1346.13 85.57

253.72 370.22 161.95 182.83 189.53 1285.67 83.63

491.15 165.12 1425.90 1454.93 272.93 1394.18 862.83 285.15 1535.73

478.10 161.58 1412.95 1425.12 268.52 1376.17 852.67 280.85 1514.92

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 APR TO 14 APR 17

BHEL

190.50

HCLTECH INFY TCS TECHM WIPRO

889.50 1051.12 2461.58 465.53 524.57

ZEEL

570.97

INDUSTRIAL MANUFACTURING 182.65 172.95

165.10

155.40

838.05 962.88 2402.47 436.67 503.83

826.80 944.22 2375.88 430.13 495.77

531.48

515.37

286.93 194.68 490.78

277.07 190.17 475.22

270.23 186.83 467.23

348.38

337.52

327.88

666.88 593.02 2686.15 1424.40 674.95

646.77 582.13 2602.30 1391.75 653.20

635.48 574.27 2543.25 1373.45 640.45

343.80 338.35 87.20

337.15 328.00 84.90

329.60 308.40 82.20

IT 869.40 1016.33 2445.32 454.37 518.23

858.15 997.67 2418.73 447.83 510.17

MEDIA & ENTERTAINMENT 559.28 543.17 METALS

COALINDIA HINDALCO TATASTEEL

303.63 202.53 514.33

293.77 198.02 498.77 SERVICES

ADANIPORTS

368.88

358.02

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

698.28 611.77 2829.05 1475.35 709.45

678.17 600.88 2745.20 1442.70 687.70

BHARTIARTL INFRATEL IDEA

358.00 368.30 92.20

351.35 357.95 89.90

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close LT 1574.90 INFRATEL 325.90 RELIANCE 1320.90 MARUTI 6015.70 BPCL 649.85

Current Price 1685.50 347.60 1406.60 6259.35 675.35

% Change 7.02% 6.66% 6.49% 4.05% 3.92%

In Points 110.60 21.70 85.70 243.65 25.50

Weekly Top losers stocks Script Symbol Previous Close IBULHSGFIN 997.75 INFY 1022.25 TECHM 459.15 SUNPHARMA 688.15 TATAPOWER 90.35

Current Price 955.85 981.55 443.20 665.95 87.50

% Change -4.20% -3.98% -3.47% -3.23% -3.15%

In Points -41.90 -40.70 -15.95 -22.20 -2.85

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WEEKLY TECHNICAL REPORT 10 APR TO 14 APR 17 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

07/APR /2017

5081.79

5344.16

-262.37

06/APR /2017

5130.01

4987.33

142.68

05/APR/2017

7797.90

7457.77

340.13

03/APR/2017

3570.72

3036.27

534.45

DATE

Buy Value

Sell Value

Net Value

07/APR /2017

3720.66

3305.72

414.94

06/APR /2017

3105.15

3311.79

-205.64

05/APR/2017

3294.40

3488.45

-194.05

03/APR/2017

3161.51

3128.22

33.29

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

27/APR/2017

CE

9300

171841

4517700

27/APR/2017

CE

9400

135254

3956475

27/APR/2017

CE

9500

119802

5305800

27/APR/2017

PE

9200

174440

3769275

27/APR/2017

PE

9100

109610

4832850

27/APR/2017

PE

9000

109473

5496675

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

13/APR/2017

CE

21700

107173

467640

13/APR/2017

CE

22000

105284

537120

13/APR/2017

CE

21600

105254

410320

13/APR/2017

PE

21500

103635

225640

13/APR/2017

PE

21400

86725

258680

13/APR/2017

PE

21300

71525

218360

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 10 APR TO 14 APR 17 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

8 APR 17

AXISBANK

BUY ON DEEP

505-503

525-560

OPEN

1 APR 17

ACC

BUY ON DEEP

1440

1498-1558

BOOK AT 1496

25 MAR 17

COALINDIA

BUY ON DEEP

295-290

307-320

OPEN

18 MAR 17

AUROPHARMA

BUY ON DEEP

698

727-760

EXIT AT 670

11 MAR 17

SUNTV

BUY ABOVE

745

775-805

BOOK AT 770

4 MAR 17

APOLLOTYRE

BUY ON DEEP

182-183

190-198

25 FEB 17

HEXAWARE

BUY ON DEEP

221-220

229-240

18 FEB 17

SIEMENS

BUY ON DEEP

1212-1205

1260-1315

11 FEB 17

MOTHERSUMI

BUY ON DEEP

350-352

365-380

4 FEB 17

LICHSGFIN

BUY ON DEEP

550-555

577-605

28 JAN 17

LUPIN

BUY ON DEEP

1490-1500

1560-1620

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

ALLTARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED BOOK AT 569 1ST TARGET ACHIEVED 1ST 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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