EQUITY TECHNICAL REPORT WEEKLY [28 NOV to 2 DEC 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16
NIFTY 50 8114.30 (40.20) (0.50%) The proceedings for the week began Volatility were witnessed there in the market on the first day of expiry week. The market fell down and nifty traded below 8000 made a low at 7916.40 on Monday. On Tuesday, Market was still volatile. The only positive is that it was still in the green zone. Nifty takes support at 7925 to close above 8000. We saw pullback rally in the last hour of the trading session. On Wednesday, The Nifty has taken strong support 7925 to close at 8033. On Thursday, The Nifty saw a range movement between 8080-8130. The Nifty Daily candle chart shows bullish engulfing patterns that indicate a bullish reversal. In Market, huge volatility we saw due to expiry of November series derivative contracts. On Friday, the December derivatives series began on a positive note due to Positive global indices, rupee appreciation and also steel makers extended gains after the government imposed anti-dumping duties on some imports lifted the Indian stock markets. Nifty made a high at 8122.25 and take a resistance level at 8150 and close at 8114. The Nifty50 (spot) opened the week at 8102.45, made a high of 8122.25 low of 7916.40 and closed the week at 8114.30. Thus the Nifty closed the week with a gaining of 40.20 points or 0.50%.
Formations 
The 20 days EMA are placed at 8247.71

The 5 days EMA are placed at 8051.39
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Future Outlook:
The Nifty daily chart is bullish trend; we advised to if Nifty future Buy above 8150 target will be 8300-8400. The Nifty future selling pressure below 7925. Nifty upside weekly Resistance is 8250-8175 level. On the downside strong support 7975-7850. ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2741.68 20499.23 22781.75 3211.52 1283.10 5101.20 311.98 489.08
ACC AMBUJACEM GRASIM ULTRACEMCO
1378.77 216.53 854.43 3645.75
LT
1433.90
ASIANPAINT HINDUNILVR ITC
1008.32 866.77 235.47
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
660.20 449.73 169.80 288.72 201.35 1023.77 72.38
8186 8050 AUTOMOBILE 2677.37 2593.68 19670.07 18670.83 21502.15 20719.40 3128.73 3011.92 1228.05 1190.65 4987.40 4876.20 300.07 290.28 470.72 456.93 CEMENT & CEMENT PRODUCTS 1344.08 1300.32 210.07 200.53 838.77 810.33 3571.60 3435.80 CONSTRUCTION 1402.30 1353.40 CONSUMER GOODS 976.88 934.32 850.18 821.42 232.13 227.12 ENERGY 649.80 637.10 433.47 417.23 165.65 158.30 283.08 277.87 195.00 187.30 1008.73 995.47 71.22 69.63
495.10 185.50 1250.43 1287.55 272.80 1109.18 800.75 289.68 1240.70
FINANCIAL SERVICES 483.15 470.60 176.70 170.75 1219.87 1188.93 1265.80 1235.40 266.45 260.65 1091.27 1063.98 776.45 756.65 275.32 263.23 1204.20 1154.95
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
8257
Resistance1
Pivot
Support 1
Support 2
7980
7854
2529.37 17841.67 19439.80 2929.13 1135.60 4762.40 278.37 438.57
2445.68 16842.43 18657.05 2812.32 1098.20 4651.20 268.58 424.78
1265.63 194.07 794.67 3361.65
1221.87 184.53 766.23 3225.85
1321.80
1272.90
902.88 804.83 223.78
860.32 776.07 218.77
626.70 400.97 154.15 272.23 180.95 980.43 68.47
614.00 384.73 146.80 267.02 173.25 967.17 66.88
458.65 161.95 1158.37 1213.65 254.30 1046.07 732.35 248.87 1118.45
446.10 156.00 1127.43 1183.25 248.50 1018.78 712.55 236.78 1069.20
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16
BHEL
140.92
HCLTECH INFY TCS TECHM WIPRO
847.98 1034.53 2439.78 521.15 484.85
ZEEL
477.93
INDUSTRIAL MANUFACTURING 133.83 128.17
121.08
115.42
765.97 927.97 2167.82 455.60 446.90
729.98 878.43 2035.28 423.95 429.05
424.77
410.03
304.40 173.80 396.18
298.45 162.80 378.87
292.65 145.10 348.98
258.73
251.47
237.88
729.72 559.03 3149.15 1472.77 702.40
715.03 548.12 3094.65 1426.73 687.80
689.42 531.18 3020.85 1344.82 661.45
301.42 357.25 72.70
294.58 349.55 71.40
288.17 343.50 69.15
IT 824.97 1006.02 2370.07 504.20 474.80
788.98 956.48 2237.53 472.55 456.95
MEDIA & ENTERTAINMENT 458.72 443.98 METALS
COALINDIA HINDALCO TATASTEEL
316.15 202.50 443.38
310.20 191.50 426.07 SERVICES
ADANIPORTS
279.58
272.32
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
770.02 586.88 3277.45 1600.72 743.35
755.33 575.97 3222.95 1554.68 728.75
BHARTIARTL INFRATEL IDEA
314.67 371.00 76.25
307.83 363.30 74.95
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close TECHM 445.30 HINDALCO 165.35 TCS 2125.10 LUPIN 1417.75 WIPRO 437.15
Current Price 487.25 180.50 2300.35 1508.65 464.75
% Change 9.42% 9.16% 8.25% 6.41% 6.31%
In Points 41.95 15.15 175.25 90.60 27.60
Weekly Top losers stocks Script Symbol Previous Close EICHERMOT 21792.30 BHEL 134.30 M&M 1239.85 SBIN 275.80 BANKBARODA 176.95
Current Price 20222.55 126.75 1173.00 260.95 167.90
% Change -7.20% -5.62% -5.39% -5.38% -5.11%
In Points -1569.75 -7.55 -66.85 -14.85 -9.05
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
25/NOV/2016
3849.34
4222.22
-372.88
24/NOV/2016
6175.67
8185.82
-2010.15
23/NOV/2016
4265.03
5288.15
-1023.12
22/NOV/2016
4418.49
5111.34
-692.85
21/NOV/2016
4323.60
5634.42
-1310.82
DATE
Buy Value
Sell Value
Net Value
25/NOV/2016
2695.81
1697.97
997.84
24/NOV/2016
3819.15
2170.93
1648.22
23/NOV/2016
2696.57
1440.90
1254.67
22/NOV/2016
2727.86
1652.66
1075.20
21/NOV/2016
2635.37
1424.36
1211.01
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
29/DEC/2016
CE
8200
117932
2800050
29/DEC/2016
CE
8100
115281
2065575
29/DEC/2016
CE
8300
98924
3206100
29/DEC/2016
PE
8000
118587
6710075
29/DEC/2016
PE
7900
94188
2481900
29/DEC/2016
PE
7800
75095
2462025
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
01/DEC/2016
CE
19000
90872
593280
01/DEC/2016
CE
18500
66054
271320
01/DEC/2016
CE
18700
58677
357240
01/DEC/2016
PE
18000
75418
469240
01/DEC/2016
PE
18300
33493
128000
01/DEC/2016
PE
17800
32267
183800
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
26 NOV 16
VEDL
BUY ON DEEP
223-220
232-242
OPEN
19 NOV 16
BANKBARODA
BUY AROUND
177
184-192
EXIT AT 170
12 NOV 16
CANBK
BUY ON DEEP
310-311
323-337
1ST 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 (OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)
13 AUG 16
HINDALCO
BUY ON DEEP
145-142
152-160
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
1ST TARGET ACHIEVED ALL TARGET ACHIEVED BOOK AT 262
* 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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