Equity Technical Report 21 Nov to 25 Nov

Page 1

EQUITY TECHNICAL REPORT WEEKLY [21 NOV to 25 NOV 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 21 NOV TO 25 NOV 16

NIFTY 50 8074.10 (-222.20) (-2.68%) This week markets open with a bearish note. The whole market was in the favor of bears only. Strong selling pressure was there in the market. The stock market continued its downfall after a three day break. The Nifty closed with a loss of 188 points at 8108 on Tuesday. On Wednesday, after a gap up opening, the market fell and could not sustain above 8200 levels. Nifty fell by 130 points from its high of 8225 to make a low of 8095. The Nifty raised merely 3 points higher and close at 8111. On Thursday, See-saw movement was there in the market today. The market fluctuates between gains and losses tracking weak trade in Asian markets. On Friday, last day of the week The Nifty closed with a loss of 5 points at 8074. It opened at 8097.55, hit an intra-day high of 8128.95 and low of 8048.30. The Nifty50 (spot) opened the week at 8284.85, made a high of 8588.55 low of 8048.30 and closed the week at 8074.10. Thus the Nifty closed the week with a losing of 222.20 points or -2.68%. Formations 

The 20 days EMA are placed at 8432.57



The 5 days EMA are placed at 8196.11

www.zoidresearch.com

Future Outlook: The Nifty daily chart is consolidating trend; we advised to if Nifty future Buy above 8150 target will be 8300-8400. Or if nifty future sell below 8000. Nifty upside weekly Resistance is 8250-8400 level. On the downside strong support 8000-7900 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 21 NOV TO 25 NOV 16

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

Resistance2

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

2738.03 20671.88 23489.63 3098.80 1338.25 5271.43 336.42 503.62

ACC AMBUJACEM GRASIM ULTRACEMCO

1485.17 242.37 940.77 3767.60

LT

1432.82

ASIANPAINT HINDUNILVR ITC

1018.00 833.45 253.75

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

681.48 457.67 167.02 293.97 204.15 1012.90 74.35

8225 8137 AUTOMOBILE 2656.42 2583.38 19949.37 19427.48 22640.97 21085.48 3017.10 2933.30 1289.05 1229.15 5111.17 4958.78 317.63 302.07 487.43 468.72 CEMENT & CEMENT PRODUCTS 1397.43 1344.22 220.58 206.22 879.68 838.97 3580.20 3427.60 CONSTRUCTION 1401.63 1376.32 CONSUMER GOODS 963.10 916.05 818.15 800.70 240.80 233.95 ENERGY 662.02 641.58 442.33 431.47 163.03 156.02 284.53 277.02 198.05 190.30 1000.20 987.30 72.20 70.40

515.08 188.05 1316.33 1310.00 287.73 1249.82 840.35 291.20 1261.88

FINANCIAL SERVICES 494.27 482.18 182.50 174.05 1263.87 1236.53 1279.90 1240.45 276.17 269.23 1175.73 1125.87 809.80 787.95 283.50 277.10 1221.32 1177.43

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

8377

Resistance1

Pivot

Support 1

Support 2

7985

7897

2501.77 18704.97 20236.82 2851.60 1179.95 4798.52 283.28 452.53

2428.73 18183.08 18681.33 2767.80 1120.05 4646.13 267.72 433.82

1256.48 184.43 777.88 3240.20

1203.27 170.07 737.17 3087.60

1345.13

1319.82

861.15 785.40 221.00

814.10 767.95 214.15

622.12 416.13 152.03 267.58 184.20 974.60 68.25

601.68 405.27 145.02 260.07 176.45 961.70 66.45

461.37 168.50 1184.07 1210.35 257.67 1051.78 757.40 269.40 1136.87

449.28 160.05 1156.73 1170.90 250.73 1001.92 735.55 263.00 1092.98

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 21 NOV TO 25 NOV 16

BHEL

141.60

HCLTECH INFY TCS TECHM WIPRO

814.55 976.77 2217.17 470.23 463.32

ZEEL

507.28

INDUSTRIAL MANUFACTURING 137.95 134.50

130.85

127.40

737.25 900.08 2065.48 430.07 428.33

710.65 880.17 2005.87 414.83 419.52

429.37

412.08

312.55 169.07 394.65

296.15 157.48 371.30

285.60 149.62 357.50

266.47

252.23

242.57

737.13 548.13 3237.30 1424.85 684.80

683.27 531.42 3119.65 1383.55 664.05

644.13 511.88 3024.45 1349.35 639.25

304.45 357.35 71.00

293.30 341.70 69.20

282.85 331.50 67.30

IT 789.20 948.38 2171.13 457.77 450.23

762.60 928.47 2111.52 442.53 441.42

MEDIA & ENTERTAINMENT 476.97 459.68 METALS

COALINDIA HINDALCO TATASTEEL

339.50 188.52 431.80

323.10 176.93 408.45 SERVICES

ADANIPORTS

290.37

276.13

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

830.13 584.38 3450.15 1500.35 730.35

776.27 567.67 3332.50 1459.05 709.60

BHARTIARTL INFRATEL IDEA

326.05 383.20 74.70

314.90 367.55 72.90

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close BANKBARODA 160.50 NTPC 151.70 POWERGRID 183.10 TECHM 429.40 IDEA 69.95

Current Price 176.95 159.05 191.95 445.30 71.10

% Change 10.25% 4.85% 4.83% 3.70% 1.64%

In Points 16.45 7.35 8.85 15.90 1.15

Weekly Top losers stocks Script Symbol Previous Close TATASTEEL 426.50 AMBUJACEM 219.55 GRASIM 899.00 INDUSINDBK 1192.35 ZEEL 482.15

Current Price 385.10 198.80 818.60 1101.65 446.65

% Change -9.71% -9.45% -8.94% -7.61% -7.36%

In Points -41.40 -20.75 80.40 -90.70 -35.50

www.zoidresearch.com

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 21 NOV TO 25 NOV 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

18/NOV/2016

4112.43

5038.75

-926.32

17/NOV/2016

4577.69

5561.62

-983.93

16/NOV/2016

7341.61

9298.65

-1957.04

15/NOV/2016

8957.98

11311.80

-2353.82

DATE

Buy Value

Sell Value

Net Value

18/NOV/2016

2641.10

1497.66

1143.44

17/NOV/2016

2789.11

1644.96

1144.15

16/NOV/2016

4887.66

2543.35

2344.31

15/NOV/2016

4810.16

4914.99

-104.83

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

24/NOV/2016

CE

8200

336660

5623875

24/NOV/2016

CE

8100

304647

3188775

24/NOV/2016

CE

8300

245791

5256825

24/NOV/2016

PE

8000

340660

5859525

24/NOV/2016

PE

8100

294185

3102150

24/NOV/2016

PE

7900

188968

2748150

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

24/NOV/2016

CE

19500

124233

816400

24/NOV/2016

CE

19300

54488

189840

24/NOV/2016

CE

20000

53957

934040

24/NOV/2016

PE

19000

69186

876240

24/NOV/2016

PE

18500

65365

678640

24/NOV/2016

PE

18800

44094

110960

www.zoidresearch.com

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 21 NOV TO 25 NOV 16 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

19 NOV 16

BANKBARODA

BUY AROUND

177

184-192

STATUS OPEN ST

12 NOV 16

CANBK

BUY ON DEEP

310-311

323-337

1 TARGET ACHIEVED

5 NOV 16

INFY

BUY ABOVE

980

1020-1060

EXIT AT 940

28 OCT 16

VEDL

BUY ON DEEP

202-201

210-220

ALL TARGET ACHIEVED

15 OCT 16

TATAMTRDVR

BUY ON DEEP

360-358

375

EXIT AT 344

8 OCT 16

HDFCBANK

SELL BELOW

1285

1233-1180

1ST TARGET ACHIEVED

1 OCT 16

ZEEL

BUY AROUND

540-545

565-590

(OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)

3 SEP 16

AUROPHARMA

BUY ABOVE

785

825-875

BOOK AT 818

27 AUG 16

DLF

SELL BELOW

159.50

153-146

BOOK FULL AT 147.5

13 AUG 16

HINDALCO

BUY ON DEEP

145-142

152-160

(OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)

6 AUG 16

BHARATFORG

BUY ON DEEP

800-795

835-875

30 JULY 16

RELCAPITAL

BUY ON DEEP

440-442

458-480

23 JULY 16

ITC

BUY ABOVE

254

265-275

BOOK AT 262

16 JULY 16

JETAIRWAYS

SELL BELOW

555

530-505

EXIT AT 580

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

www.zoidresearch.com

ZOID RESEARCH TEAM


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.