EQUITY TECHNICAL REPORT WEEKLY [30 JAN to 3 FEB 2017]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 30 JAN TO 3 FEB 17
NIFTY 50 8641.25 (291.90) (3.50%) The benchmark Index Nifty open with negative note; but the strong support level of 8300 couldn't breach, and made a low of 8327.20. The nifty Index recovered from Intraday low of 8327 and closed near day’s high after the announcement of Supreme Court rejecting the Plea to change the budget date from 1st Feb. on Monday. On Tuesday, The benchmark Index Nifty has given break out of strong resistance of 8450 and close above it. Nifty future opened at 8421.40, made a low of 8416 and made a high of 8488. We had recommended in last week research report (see our weekly report 23 Jan 27 Jan 17) If the nifty future trade above 8450 than the upside target will be 8500-8550. our level executed on 24 Jan 17. OUR TARGET ACHIEVED ON WEDNESDAY 25 Jan 2017 NIFTY MADE HIGH AT 8606.40]. On Wednesday, The market has ended January Futures & Options (F&O) higher. The benchmark Index Nifty opened gap up by 23 points from its previous day close of 8476 and thereafter rallied by 118 points from its day low of 8494. Nifty opened in 8499, made a low of 8494 and went to make a high of 8613. On Thursday was Market holiday due to Republic Day. On Friday, the last Trading day of the week; The benchmark Index Nifty opened flat from Wednesday’s close of 8603 and thereafter rallied by 66 points from its day low of 8607. However, Nifty closed at 8641. Next week market may witness huge volatility as Finance Minister Arun Jaitley will present Union Budget 2017-18 which will have huge impact on the market direction. The benchmark Index Nifty50 (spot) opened the week at 8329.60, made a high of 8672.70 low of 8327.20 and closed the week at 8641.25. Thus the Nifty closed the week with a gained of 291.90 points or 3.50%.
Formations
The 20 days EMA are placed at 8376.41
The 5 days EMA are placed at 8533.46
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Future Outlook: The Nifty daily chart is continuing a bullish trend. we advised to Nifty future buy on deep around 8600 targets will be 8750-8900. The nifty future selling pressure below 8425. Nifty upside weekly Resistance is 8900-8750 level. On the downside strong support at 8400-8200 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 30 JAN TO 3 FEB 17
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
3008.30 24184.97 24328.42 3406.22 1325.47 6113.03 356.45 567.58
ACC AMBUJACEM GRASIM ULTRACEMCO
1512.78 244.23 993.93 3926.63
LT
1519.03
ASIANPAINT HINDUNILVR ITC
1006.93 891.52 271.70
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
762.98 762.98 184.03 213.97 211.42 1043.43 84.13
8767 8547 AUTOMOBILE 2931.20 2808.10 23322.33 22172.37 23905.53 23227.77 3311.03 3180.77 1288.58 1232.97 6014.47 5829.13 349.15 338.10 554.17 538.58 CEMENT & CEMENT PRODUCTS 1471.72 1398.93 238.52 227.78 962.57 911.03 3806.47 3643.83 CONSTRUCTION 1479.47 1430.68 CONSUMER GOODS 988.27 970.93 873.73 857.92 264.55 259.80 ENERGY 733.87 697.68 733.87 697.68 180.77 174.98 209.23 203.27 207.98 203.52 1034.27 1023.53 82.57 79.93
502.02 179.40 1340.10 1475.23 285.90 1301.78 849.82 279.68 1463.92
FINANCIAL SERVICES 487.43 464.27 173.55 163.35 1316.00 1275.90 1424.47 1328.23 278.95 267.05 1277.57 1244.78 817.43 769.72 273.07 261.58 1431.33 1388.92
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
8893
Resistance1
Pivot
Support 1
Support 2
8421
8202
2731.00 21309.73 22804.88 3085.58 1196.08 5730.57 330.80 525.17
2607.90 20159.77 22127.12 2955.32 1140.47 5545.23 319.75 509.58
1357.87 222.07 879.67 3523.67
1285.08 211.33 828.13 3361.03
1391.12
1342.33
952.27 840.13 252.65
934.93 824.32 247.90
668.57 668.57 171.72 198.53 200.08 1014.37 78.37
632.38 632.38 165.93 192.57 195.62 1003.63 75.73
449.68 157.50 1251.80 1277.47 260.10 1220.57 737.33 254.97 1356.33
426.52 147.30 1211.70 1181.23 248.20 1187.78 689.62 243.48 1313.92
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 30 JAN TO 3 FEB 17
BHEL
151.47
HCLTECH INFY TCS TECHM WIPRO
877.47 990.62 2451.07 480.17 491.38
ZEEL
534.68
INDUSTRIAL MANUFACTURING 145.53 136.27
130.33
121.07
827.23 909.53 2285.48 460.68 458.47
810.27 876.92 2213.17 454.27 451.38
473.07
449.38
313.57 186.00 465.55
306.73 177.00 454.35
295.72 163.25 439.40
299.02
289.08
274.22
704.15 581.52 2970.03 1490.72 639.90
690.75 571.63 2928.52 1451.63 633.10
667.90 563.12 2862.48 1410.97 625.70
318.92 351.63 75.55
309.83 346.57 72.85
295.92 339.23 67.70
IT 860.83 966.38 2404.43 473.63 478.47
843.87 933.77 2332.12 467.22 471.38
MEDIA & ENTERTAINMENT 515.72 492.03 METALS
COALINDIA HINDALCO TATASTEEL
331.42 208.75 491.70
324.58 199.75 480.50 SERVICES
ADANIPORTS
323.82
313.88
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
740.40 599.92 3077.58 1570.47 654.10
727.00 590.03 3036.07 1531.38 647.30
BHARTIARTL INFRATEL IDEA
341.92 364.03 83.40
332.83 358.97 80.70
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close HINDALCO 171.65 HDFC 1237.30 IDEA 71.50 BANKBARODA 154.35 KOTAKBANK 723.05
Current Price 190.75 1373.70 78.00 167.70 785.05
% Change 11.13% 11.02% 9.09% 8.65% 8.57%
In Points 19.10 136.40 6.50 13.35 62.00
Weekly Top losers stocks Script Symbol Previous Close WIPRO 477.90 INFY 948.70 HINDUNILVR 860.45 TECHM 468.65 SUNPHARMA 641.55
Current Price 465.55 942.15 855.95 467.10 640.50
% Change -2.58% -0.69% -0.52% -0.33% -0.16%
In Points -12.35 -6.55 -4.50 -1.55 -1.05
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WEEKLY TECHNICAL REPORT 30 JAN TO 3 FEB 17 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
27/JAN/2017
5828.97
5617.20
211.77
25/JAN/2017
8874.28
7495.47
1378.81
24/JAN/2017
5052.29
4958.34
93.95
23/JAN/2017
4301.89
4590.69
-288.80
DATE
Buy Value
Sell Value
Net Value
27/JAN/2017
2807.64
2325.12
482.52
25/JAN/2017
3575.81
3192.78
383.03
24/JAN/2017
2803.45
2269.96
533.49
23/JAN/2017
2765.23
2245.24
519.99
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
23/FEB/2017
CE
8800
118633
2466000
23/FEB/2017
CE
8700
117923
3041400
23/FEB/2017
CE
9000
113473
3660300
23/FEB/2017
PE
8600
103499
2551575
23/FEB/2017
PE
8500
99546
2750550
23/FEB/2017
PE
8400
88346
3696675
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
02/FEB/2017
CE
20000
129544
340640
02/FEB/2017
CE
19800
53984
118880
02/FEB/2017
CE
20500
53781
220480
02/FEB/2017
PE
19000
53510
306320
02/FEB/2017
PE
19500
51335
196760
02/FEB/2017
PE
19200
39479
175320
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 30 JAN TO 3 FEB 17 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
28 JAN 17
LUPIN
BUY ON DEEP
1490-1500
1560-1620
OPEN
21 JAN 17
AMBUJACEM
BUY ON DEEP
216-218
226-236
1ST TARGET ACHIEVED
7 JAN 17
MOTHERSUMI
BUY ON DEEP
332-330
345-360
OPEN
31 DEC 16
VEDL
BUY AROUND
216
225-235
24 DEC 16
SUNPHARMA
BUY ABOVE
625
650-675
17 DEC 16
HDFCBANK
BUY ABOVE
1200
1250-1300
10 DEC 16
HINDALCO
BUY ON DEEP
182-180
189-200
3 DEC 16
ONGC
BUY ON DEEP
288-290
300-315
26 NOV 16
VEDL
BUY ON DEEP
223-220
232-242
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
ALL TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED EXIT AT 172 1ST 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
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