EQUITY TECHNICAL REPORT WEEKLY [5 DEC to 9 DEC 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 DEC TO 9 DEC 16
NIFTY 50 8086.80 (-27.50) (-0.34%) On Monday, The Nifty saw a sharp upside rally of 80 points from a low of 8066.5 to make a high of 8146.5 and finally closed nearly 12 points higher at 8126.9 with gains in different sectors. However, banking shares led by state-run State Bank of India (SBI) were under pressure after the Reserve Bank on Saturday introduced an incremental cash reserve ratio (CRR) of 100% for the fortnight to absorb the surge in liquidity in banking system following demonetization of high value notes. On Tuesday, Market close on a positive note nifty moved a sharp upside rally of 69 points and made a high at 8197.35. On Wednesday, Nifty continues the follow buying trend nifty saw an upside rally of 82 points and closed above 8224. On Thursday, Nifty opened at 8252, above its previous day's high of 8234. After testing the same level in the first 15 minutes it experienced a selloff of 65 points from a high of 8250 to make a low of 8185. Nifty finally closed nearly 33 points lower at 8192. We had recommended on last week research report (see our weekly report 28 Nov to 2 Dec) [we advised to if Nifty future Buy above 8150 target will be 8300-8400. OUR 1st TARGET ALMOST ACHIEVED ON THURSDAY 1 DEC 2016 NIFTY MADE HIGH AT 8272.5] On Friday, Market was highly volatile with the Nifty indices breaching crucial psychological levels of 8,100, respectively; amid brisk selling on the Frontline blue chip counters. The Nifty50 (spot) opened the week at 8080.65, made a high of 8250.80 low of 8066.50 and closed the week at 8086.80. Thus the Nifty closed the week with a losing of -27.50 points or -0.34%.
Formations 
The 20 days EMA are placed at 8210.70

The 5 days EMA are placed at 8134.22
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Future Outlook: The Nifty daily chart is bullish trend; we advised to if Nifty future Buy on deeps 8100-8050 target will be 8200-8300. The Nifty future selling pressure below 7950. Nifty upside weekly Resistance is 8200-8300 level. On the downside strong support at 8000-7950 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 DEC TO 9 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
2783.12 21736.75 24849.33 3340.55 1222.08 5544.03 307.67 478.60
ACC AMBUJACEM GRASIM ULTRACEMCO
1378.50 218.55 921.63 3732.68
LT
1424.58
ASIANPAINT HINDUNILVR ITC
1000.15 865.98 238.83
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
684.08 462.50 167.62 312.18 199.33 1028.85 77.88
8203 8135 AUTOMOBILE 2742.23 2677.12 21049.20 19974.60 23802.77 21901.38 3262.10 3153.55 1183.82 1162.73 5306.07 5069.53 297.88 290.12 455.75 443.45 CEMENT & CEMENT PRODUCTS 1352.10 1328.50 211.80 205.90 897.22 858.53 3659.17 3567.33 CONSTRUCTION 1393.22 1371.13 CONSUMER GOODS 952.50 927.25 848.72 838.43 233.67 230.48 ENERGY 646.12 625.78 447.70 430.60 164.63 162.22 301.72 288.13 191.57 187.03 1011.80 997.95 75.67 72.88
484.78 168.50 1222.57 1304.60 274.83 1119.30 775.12 267.90 1207.05
FINANCIAL SERVICES 472.37 465.18 164.80 162.10 1205.83 1191.17 1270.70 1251.85 267.17 260.33 1087.90 1065.20 749.33 734.67 261.00 254.50 1178.60 1156.30
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
8319
Resistance1
Pivot
Support 1
Support 2
8019
7950
2636.23 19287.05 20854.82 3075.10 1124.47 4831.57 280.33 420.60
2571.12 18212.45 18953.43 2966.55 1103.38 4595.03 272.57 408.30
1302.10 199.15 834.12 3493.82
1278.50 193.25 795.43 3401.98
1339.77
1317.68
879.60 821.17 225.32
854.35 810.88 222.13
587.82 415.80 159.23 277.67 179.27 980.90 70.67
567.48 398.70 156.82 264.08 174.73 967.05 67.88
452.77 158.40 1174.43 1217.95 252.67 1033.80 708.88 247.60 1127.85
445.58 155.70 1159.77 1199.10 245.83 1011.10 694.22 241.10 1105.55
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 DEC TO 9 DEC 16
BHEL
133.43
HCLTECH INFY TCS TECHM WIPRO
827.07 993.70 2363.08 504.93 477.73
ZEEL
475.97
INDUSTRIAL MANUFACTURING 130.17 128.18
124.92
122.93
783.43 955.50 2178.22 464.32 453.67
773.27 946.50 2134.58 455.23 446.93
433.08
423.07
307.32 172.87 409.12
300.63 163.38 399.73
295.42 158.02 393.07
269.47
257.58
249.27
731.15 571.38 3193.18 1506.73 717.77
705.40 562.92 3139.12 1466.37 704.58
691.25 555.03 3097.73 1443.63 688.82
315.47 378.57 74.80
304.13 362.33 69.70
289.67 338.77 65.95
IT 810.33 979.10 2292.47 489.17 469.07
800.17 970.10 2248.83 480.08 462.33
MEDIA & ENTERTAINMENT 459.53 449.52 METALS
COALINDIA HINDALCO TATASTEEL
319.22 187.72 425.17
312.53 178.23 415.78 SERVICES
ADANIPORTS
289.67
277.78
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
771.05 587.73 3288.63 1569.83 746.72
745.30 579.27 3234.57 1529.47 733.53
BHARTIARTL INFRATEL IDEA
341.27 418.37 83.65
329.93 402.13 78.55
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close EICHERMOT 20222.55 INFRATEL 355.60 BOSCHLTD 18840.9 GRASIM 823.10 BHARTIARTL 301.00
Current Price 22887.00 385.65 20350.00 872.95 318.80
% Change 13.18% 8.45% 8.01% 6.06% 5.91%
In Points 2664.45 30.05 1509.10 49.85 17.80
Weekly Top losers stocks Script Symbol Previous Close HINDALCO 180.50 BPCL 639.40 ASIANPAINT 945.45 TATAMOTORS 452.35 BANKBARODA 167.90
Current Price 169.20 609.00 905.10 433.15 160.85
% Change -6.26% -4.75% -4.27% -4.24% -4.20%
In Points -11.30 -30.40 -40.35 -19.20 -7.05
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 DEC TO 9 DEC 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
02/DEC/2016
4041.40
4231.92
-190.52
01/DEC/2016
3499.65
3902.27
-402.62
30/NOV/2016
14567.84
15002.26
-434.42
29/NOV/2016
4684.10
5399.40
-715.30
28/NOV/2016
3960.46
5396.86
-1436.40
DATE
Buy Value
Sell Value
Net Value
02/DEC/2016
1637.36
2055.94
-418.58
01/DEC/2016
1879.47
1641.66
237.81
30/NOV/2016
2997.27
2320.59
676.68
29/NOV/2016
2168.59
1634.39
534.20
28/NOV/2016
2494.85
1261.06
1233.79
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
29/DEC/2016
CE
8300
170726
4852200
29/DEC/2016
CE
8200
141344
3636825
29/DEC/2016
CE
8400
119266
3825000
29/DEC/2016
PE
8000
158641
7629875
29/DEC/2016
PE
8100
140751
3346125
29/DEC/2016
PE
7900
92656
2997450
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
01/DEC/2016
CE
19000
88791
429440
01/DEC/2016
CE
18500
64561
265760
01/DEC/2016
CE
18800
52750
143680
01/DEC/2016
PE
18000
83585
234800
01/DEC/2016
PE
17800
55313
158160
01/DEC/2016
PE
17500
51501
201120
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 5 DEC TO 9 DEC 16 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
3 DEC 16
ONGC
BUY ON DEEP
288-290
300-315
STATUS OPEN ST
26 NOV 16
VEDL
BUY ON DEEP
223-220
232-242
1 TARGET ACHIEVED
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
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
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
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