EQUITY TECHNICAL REPORT WEEKLY [14 MAR to 18 MAR 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 14 MAR TO 18 MAR 16
NIFTY 50 7510.20 (24.85) (0.33%)
Last Week Nifty opened at flat note; the headline indices scuttled between red and green as investors booked profits. Remaining trading days of the week nifty trading in a range bound at 7410-7550. We had recommended on last week research report (see our weekly report 8 MAR. to 11 MAR) [BUY NIFTY FUTURE ON DEEP AT 74007420 TARGET 7500-7575 SL 7320 {NIFTY MADE A LOW AT 7407.55 ON WENSDAY (9 MARCH 2016) AND OUR TARGET ACHIEVED ON THUSDAY (10 MARCH 2016) MADE A HIGH AT 7583.40}]. A high volatile week ended
on a positive note. The nifty tested the 7500 mark. The Nifty50 opened the week at 7486.40, made a high of 7547.10, low of 7424.30 and closed the week at 7510.20. Thus the Nifty closed the week with a gain of 24.85 points. The Nifty rose 0.33 percent to end at 7,510 after spending the day swinging between gains and losses as investors also booked profits in recent outperformers. Formations
The 20 days EMA are placed at 7331.40 The 5 days EMA are placed at 7469.05
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Future Outlook: The Nifty daily chart is bullish; the short term trend hence continues to remain positive. Traders are advised not to create any short position in the nifty above 7550 mark if nifty close above 7550 than nifty continuation of the rally up to 7750-7800 levels. On the downside strong support at 7410-7300 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 14 MAR TO 18 MAR 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50
Resistance2
BAJAJ-AUTO BOSCHLTD HEROMOTOCO M&M MARUTI TATAMOTORS
2374.63 18904.50 2877.75 1262.57 3839.67 368.62
7617
ACC AMBUJACEM GRASIM ULTRACEMCO
1270.18 207.60 3746.52 3085.28
LT
1243.02
ASIANPAINT HINDUNILVR ITC
932.37 878.47 330.63
BPCL CAIRN GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
855.48 159.85 363.98 130.80 212.97 143.20 1061.03 61.13
AXISBANK
430.00 151.83 1046.13 1205.50 224.52 956.17 680.55 86.12 190.93 839.07
BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK PNB SBIN YESBANK www.zoidresearch.com
Resistance1
Pivot
7563 7499 AUTOMOBILE 2350.27 2322.63 18460.40 17797.90 2845.55 2817.80 1241.53 1226.37 3740.43 3590.77 361.43 348.72 CEMENT & CEMENT PRODUCTS 1248.47 1233.23 204.15 201.90 3664.48 3582.77 3039.87 2974.58 CONSTRUCTION 1214.33 1192.82 CONSUMER GOODS 915.38 886.72 865.03 844.52 325.97 319.33 ENERGY 829.57 808.93 153.40 142.10 351.72 344.13 128.60 126.55 209.03 205.02 140.70 138.40 1037.77 1022.63 60.07 58.73 FINANCIAL SERVICES 421.40 414.45 146.27 141.88 1037.42 1022.08 1183.00 1144.50 219.18 214.62 941.43 922.72 661.60 651.05 83.98 81.77 185.52 181.53 819.83 785.57
Support 1
Support 2
7441
7371
2298.27 17353.80 2785.60 1205.33 3491.53 341.53
2270.63 16691.30 2757.85 1190.17 3341.87 328.82
1211.52 198.45 3500.73 2929.17
1196.28 196.20 3419.02 2863.88
1164.13
1142.62
869.73 831.08 314.67
841.07 810.57 308.03
783.02 135.65 331.87 124.35 201.08 135.90 999.37 57.67
762.38 124.35 324.28 122.30 197.07 133.60 984.23 56.33
405.85 136.32 1013.37 1122.00 209.28 907.98 632.10 79.63 176.12 766.33
398.90 131.93 998.03 1083.50 204.72 889.27 621.55 77.42 172.13 732.07
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 14 MAR TO 18 MAR 16
BHEL
114.27
HCLTECH INFY TCS TECHM WIPRO
849.38 1209.53 2446.12 488.88 549.20
ZEEL
412.60
INDUSTRIAL MANUFACTURING 108.98 105.87
100.58
97.47
805.62 1123.97 2309.98 442.37 533.30
788.18 1104.93 2254.72 426.68 527.60
387.80
377.00
322.67 82.70 88.10 292.20
312.33 79.85 83.60 283.15
305.77 76.20 79.85 272.25
228.38
224.12
217.03
535.22 3213.62 1826.55 858.70
520.73 3157.23 1790.10 846.40
506.87 3103.62 1724.05 824.60
334.27 103.58
329.73 99.92
322.22 97.63
IT 836.22 1176.27 2405.68 473.47 544.10
818.78 1157.23 2350.42 457.78 538.40
MEDIA & ENTERTAINMENT 405.60 394.80 METALS
COALINDIA HINDALCO VEDL TATASTEEL
339.57 89.20 96.35 312.15
329.23 86.35 91.85 303.10 SERVICES
ADANIPORTS
239.73
235.47
CIPLA DRREDDY LUPIN SUNPHARMA
563.57 3323.62 1929.05 892.80
549.08 3267.23 1892.60 880.50
BHARTIARTL IDEA
346.32 109.53
341.78 105.87
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol CAIRN YESBANK HINDALCO BOSCHLTD LUPIN
Previous Close 128.15 759.05 79.40 17258.15 1780.20
Current Price 146.95 800.60 83.50 18016.30 1856.15
% Change 14.67% 5.47% 5.16% 4.39% 4.27%
In Points 18.80 41.55 4.10 758.15 75.95
Current Price 140.70 180.10 103.70 642.65 102.20
% Change -5.51% -4.41% -3.63% -3.46% -3.27%
In Points -8.20 -8.30 -3.90 -23.00 -3.45
Weekly Top losers stocks Script Symbol BANKBARODA SBIN BHEL KOTAKBANK IDEA www.zoidresearch.com
Previous Close 148.90 188.40 107.60 665.65 105.65
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 14 MAR TO 18 MAR 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
11/MAR/2016
3499.01
3120.65
378.36
10/MAR/2016
4727.42
3664.31
1063.11
9/MAR/2016
4868.19
4405.33
462.86
8/MAR/2016
7088.18
6313.11
775.07
DATE
Buy Value
Sell Value
Net Value
11/MAR/2016
1163.15
1595.96
-432.81
10/MAR/2016
952.06
1550.09
-598.03
9/MAR/2016
1170.71
1994.27
-823.56
8/MAR/2016
800.77
2142.28
-1341.51
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
23/MAR/2016
CE
7600
352935
4911075
23/MAR/2016
CE
7500
320934
6651375
23/MAR/2016
CE
7700
273697
5344425
23/MAR/2016
PE
7400
302537
4522050
23/MAR/2016
PE
7300
268292
4668150
23/MAR/2016
PE
7500
242159
3533200
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
23/MAR/2016
CE
16000
84510
579030
23/MAR/2016
CE
15500
76497
615870
23/MAR/2016
CE
16500
34055
334860
23/MAR/2016
PE
14500
62097
537360
23/MAR/2016
PE
15000
53811
497940
23/MAR/2016
PE
14000
49261
594690
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 14 MAR TO 18 MAR 16 Weekly Recommendations: DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
12 MAR 16
TATAMOTORS
BUY ON DEEP
348-350
365-380
OPEN
5 MAR 16
SBIN
BUY ON DEEP
180-178
187-199
OPEN
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
28 NOV 15
ZEEL
BUY ON DEEP
410
425-444
21 NOV 15
BHARTIARTL
BUY ON DEEP
340
352
EXIT AT 324
14 NOV 15
AXISBANK
BUY ON DEEP
485-487
505
EXIT AT 465
ALL TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED
TARGET ACHIEVED TARGET ACHIEVED ALL 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
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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