Nifty Weekly report 17 Apr to 21 Apr

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EQUITY TECHNICAL REPORT WEEKLY [17 APR to 21 APR 2017]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 17 APR TO 21 APR 17

NIFTY 50 9150.80 (-47.50) (-0.52%) The benchmark Index Nifty opened with a gap up at 9225 and suddenly came down & trading in negative throughout the day. The broader Nifty settled the day 18 points lower at 9181. Liquor stocks were under pressure after the Madhya Pradesh Chief Minister Mr. Shivraj Singh Chouhan has announced that all liquor shops would be closed across the state in a phased manner on Monday. On Tuesday, Indian Benchmark Index Nifty Nifty Opened at 9184 and made a low of 9173 taking support of 9175 and entirely recover previous day’s losses. On Wednesday, Indian Benchmark Index Nifty opened at 9242 and takes resistance of 9250 and reversed down from previous day's. On Thursday, Indian benchmark index Nifty ended the week on a negative note, with the Nifty closing below the 9200. The Nifty ended lower by 52 points at 9150. On Friday, Market was closed due to Dr.Babasaheb Ambedkar Jayanti/ Good Friday. The benchmark Index Nifty50 (spot) opened the week at 9225.60 made a high of 9246.40 low of 9144.95 and closed the week at 9150.80. Thus the Nifty closed the week with a losing of -47.50 points or 0.52%. Formations 

The 20 days EMA are placed at 9141.41

The 5 days EMA are placed at 9191.04

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Future Outlook: The Nifty daily chart is consolidate . we advised to if Nifty future trade above 9250 then targets will be 9350-9450. Or if nifty future trade below 9150 then target will be 9100-9000. Nifty upside weekly Resistance is 9250-9300 level. On the downside strong support at 9150-9050 ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 17 APR TO 21 APR 17

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

Resistance2

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

2904.68 24264.22 27066.12 3278.77 1296.50 6391.78 299.20 488.12

ACC AMBUJACEM GRASIM ULTRACEMCO

1537.02 257.40 1115.55 4143.28

LT

1732.85

ASIANPAINT HINDUNILVR ITC

1097.60 936.88 291.58

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

779.63 393.90 171.28 190.30 205.90 1456.57 94.33

9216 9181 AUTOMOBILE 2876.42 2840.23 23768.48 23204.27 26575.88 26009.77 3251.63 3218.32 1288.50 1278.00 6234.87 6150.88 288.40 282.20 470.73 460.97 CEMENT & CEMENT PRODUCTS 1515.58 1490.57 251.30 246.65 1083.10 1065.55 4081.32 4045.68 CONSTRUCTION 1705.70 1684.35 CONSUMER GOODS 1087.95 1072.25 930.37 923.18 285.37 278.58 ENERGY 755.37 717.68 386.80 381.90 167.97 165.63 187.55 185.95 202.95 198.65 1410.68 1379.02 89.52 85.33

527.78 183.62 1459.03 1500.90 291.47 1465.67 900.17 300.08 1683.33

FINANCIAL SERVICES 517.67 510.28 179.63 173.92 1449.67 1440.58 1487.90 1473.95 287.13 281.62 1451.68 1430.37 889.83 878.67 295.82 291.18 1649.87 1604.48

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

9282

Resistance1

Pivot

Support 1

Support 2

9115

9079

2811.97 22708.53 25519.53 3191.18 1270.00 5993.97 271.40 443.58

2775.78 22144.32 24953.42 3157.87 1259.50 5909.98 265.20 433.82

1469.13 240.55 1033.10 3983.72

1444.12 235.90 1015.55 3948.08

1657.20

1635.85

1062.60 916.67 272.37

1046.90 909.48 265.58

693.42 374.80 162.32 183.20 195.70 1333.13 80.52

655.73 369.90 159.98 181.60 191.40 1301.47 76.33

500.17 169.93 1431.22 1460.95 277.28 1416.38 868.33 286.92 1571.02

492.78 164.22 1422.13 1447.00 271.77 1395.07 857.17 282.28 1525.63

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 17 APR TO 21 APR 17

BHEL

180.93

HCLTECH INFY TCS TECHM WIPRO

876.10 1012.70 2494.18 456.35 527.33

ZEEL

567.18

INDUSTRIAL MANUFACTURING 177.12 174.58

170.77

168.23

790.50 908.70 2283.47 422.30 485.87

771.90 886.00 2238.28 414.65 476.33

509.37

497.18

289.22 187.90 474.85

286.58 177.80 450.90

282.12 172.35 438.25

331.53

307.22

293.98

657.03 580.70 2642.33 1428.85 684.60

649.07 567.20 2613.92 1402.80 669.35

640.08 557.15 2586.88 1370.95 645.95

342.63 358.45 87.07

336.87 344.60 84.93

333.48 334.15 83.72

IT 842.60 972.05 2411.42 443.15 511.37

824.00 949.35 2366.23 435.50 501.83

MEDIA & ENTERTAINMENT 544.37 532.18 METALS

COALINDIA HINDALCO TATASTEEL

296.32 203.45 511.45

293.68 193.35 487.50 SERVICES

ADANIPORTS

369.08

344.77

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

673.98 604.25 2697.78 1486.75 723.25

666.02 590.75 2669.37 1460.70 708.00

BHARTIARTL INFRATEL IDEA

351.78 382.75 90.42

346.02 368.90 88.28

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close BPCL 675.35 IOC 397.35 BANKBARODA 168.65 SUNPHARMA 665.95 YESBANK 1556.55

Current Price 731.10 422.40 175.65 692.75 1616.40

% Change 8.25% 6.30% 4.15% 4.02% 3.85%

In Points 55.75 25.05 7.00 26.80 59.85

Weekly Top losers stocks Script Symbol Previous Close ADANIPORT 347.15 TATASTEEL 493.20 HINDALCO 193.50 INFY 981.55 ZEEL 547.60

Current Price 320.45 463.55 183.25 931.40 521.55

% Change -7.69% -6.01% -5.30% -5.11% -4.76%

In Points -26.70 -29.65 -10.25 -50.15 -26.05

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WEEKLY TECHNICAL REPORT 17 APR TO 21 APR 17 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

13/APR /2017

3175.58

3583.46

-407.88

12/APR /2017

4150.03

4730.73

-580.70

11/APR/2017

4659.06

5409.58

-750.52

10/APR/2017

3747.19

4463.38

-716.19

DATE

Buy Value

Sell Value

Net Value

13/APR /2017

2628.59

2563.16

65.43

12/APR /2017

3342.36

2641.24

701.12

11/APR/2017

3587.51

2760.85

826.66

10/APR/2017

2856.64

2654.95

201.69

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

27/APR/2017

CE

9200

154662

4457025

27/APR/2017

CE

9300

151207

5009175

27/APR/2017

CE

9400

125163

3650400

27/APR/2017

PE

9200

158998

4282200

27/APR/2017

PE

9100

126585

5163750

27/APR/2017

PE

9000

122538

5738100

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

20/APR/2017

CE

22000

29267

300920

20/APR/2017

CE

21800

27423

225600

20/APR/2017

CE

21900

19326

179960

20/APR/2017

PE

21500

21174

259920

20/APR/2017

PE

21700

17591

142560

20/APR/2017

PE

21600

16794

145680

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WEEKLY TECHNICAL REPORT 17 APR TO 21 APR 17 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

14 APR 17

TATAELXSI

BUY ABOVE

1550

1612-1675

8 APR 17

AXISBANK

BUY ON DEEP

505-503

525-560

1 APR 17

ACC

BUY ON DEEP

1440

1498-1558

25 MAR 17

COALINDIA

BUY ON DEEP

295-290

307-320

OPEN

18 MAR 17

AUROPHARMA

BUY ON DEEP

698

727-760

EXIT AT 670

11 MAR 17

SUNTV

BUY ABOVE

745

775-805

BOOK AT 770

4 MAR 17

APOLLOTYRE

BUY ON DEEP

182-183

190-198

25 FEB 17

HEXAWARE

BUY ON DEEP

221-220

229-240

18 FEB 17

SIEMENS

BUY ON DEEP

1212-1205

1260-1315

11 FEB 17

MOTHERSUMI

BUY ON DEEP

350-352

365-380

4 FEB 17

LICHSGFIN

BUY ON DEEP

550-555

577-605

28 JAN 17

LUPIN

BUY ON DEEP

1490-1500

1560-1620

21 JAN 17

AMBUJACEM

BUY ON DEEP

216-218

226-236

7 JAN 17

MOTHERSUMI

BUY ON DEEP

332-330

345-360

BOOK AT 320.40 1ST TARGET ACHIEVED

ALLTARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED BOOK AT 569 1ST TARGET ACHIEVED 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

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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