EQUITY TECHNICAL REPORT WEEKLY [01 MAY to 05 MAY 2017]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 1 MAY TO 5 MAY 17
NIFTY 50 9304.05 (184.65) (2.02%) The benchmark Index Nifty opened with a positive note, and the Nifty ended above the 9200 Level at 9217.95. on Monday. On Tuesday, The benchmark Nifty ended the day with a decent gain of 88.65 points, or 0.96 per cent. As evident from the charts, the Nifty has broken out of the corrective channel it had formed while closing at its lifetime high. On Wednesday, The benchmark indices hit their lifetime highs owing to positive domestic and global cues. The Nifty index continued its uptrend for the third consecutive season and registered a record lifetime high of 9367. On Thursday, last day of expiry April derivatives contracts, Indian benchmark index Nifty end the day with a minor loss of 9.70 points or 0.10 per cent. The expiry day remained quiet, as no major swings were seen, but profit taking dominated underlying sentiment. Buying interested was seen in the last week of April series. This is the fifth consecutive month, when Nifty ended the series on a positive note (Month to Month basis) and FIIs too participated by rolling 70% of their lungs in index futures. On Friday, the first Trading day of the may derivatives contracts; The benchmark Index Nifty opened with flat note. Nifty had lost over 38 points has ended in the red. Nifty has taken a support at 9275 and close above at 9304.05 after making a low of 9082.25. The benchmark Index Nifty50 (spot) opened the week at 9135.35 made a high of 9367.15 low of 9130.55 and closed the week at 9304.05. Thus the Nifty closed the week with a gaining of 184.65 points or 2.02%.
Formations 
The 20 days EMA are placed at 9202.19

The 5 days EMA are placed at 9291.25
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Future Outlook:
The Nifty daily chart is bearish trend. we advised to sell Nifty future below 9250 then target will be 9150-9000. Nifty upside weekly Resistance is 9475-9350 level. On the downside strong support at 9125-9025. ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 1 MAY TO 5 MAY 17
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2967.90 23503.87 26778.03 3467.20 1424.38 6757.78 289.93 476.47
ACC AMBUJACEM GRASIM ULTRACEMCO
1726.28 254.37 1232.05 4454.68
LT
1821.27
ASIANPAINT HINDUNILVR ITC
1164.28 980.62 302.43
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
762.25 441.22 170.77 192.85 213.47 1494.73 87.97
9404 9267 AUTOMOBILE 2915.95 2863.05 23247.73 22823.87 26423.02 25944.98 3392.90 3289.70 1379.97 1319.28 6641.32 6473.08 284.97 277.03 467.68 453.22 CEMENT & CEMENT PRODUCTS 1676.42 1594.98 250.13 246.77 1193.55 1160.40 4351.82 4172.13 CONSTRUCTION 1785.53 1738.27 CONSUMER GOODS 1142.37 1103.03 957.78 928.17 290.22 280.68 ENERGY 740.75 723.40 432.58 415.87 167.63 165.32 189.70 184.00 210.73 207.42 1444.97 1417.98 86.13 85.02
549.22 196.88 1635.13 1627.42 288.57 1505.28 944.45 296.98 1707.48
FINANCIAL SERVICES 529.43 505.22 192.22 183.88 1590.82 1529.63 1582.28 1544.87 283.53 274.37 1475.12 1453.28 923.20 899.75 293.37 287.13 1668.87 1606.03
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
9504
Resistance1
Pivot
Support 1
Support 2
9167
9031
2811.10 22567.73 25589.97 3215.40 1274.87 6356.62 272.07 444.43
2758.20 22143.87 25111.93 3112.20 1214.18 6188.38 264.13 429.97
1545.12 242.53 1121.90 4069.27
1463.68 239.17 1088.75 3889.58
1702.53
1655.27
1081.12 905.33 268.47
1041.78 875.72 258.93
701.90 407.23 162.18 180.85 204.68 1368.22 83.18
684.55 390.52 159.87 175.15 201.37 1341.23 82.07
485.43 179.22 1485.32 1499.73 269.33 1423.12 878.50 283.52 1567.42
461.22 170.88 1424.13 1462.32 260.17 1401.28 855.05 277.28 1504.58
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 1 MAY TO 5 MAY 17
BHEL
186.63
HCLTECH INFY TCS TECHM WIPRO
841.70 946.92 2371.65 450.92 525.02
ZEEL
544.88
INDUSTRIAL MANUFACTURING 181.17 177.28
171.82
167.93
798.25 907.58 2245.95 407.98 481.73
782.40 896.22 2218.75 399.02 469.22
518.22
509.58
276.82 196.72 452.18
272.93 189.73 441.07
269.22 180.12 432.88
326.63
319.07
310.43
615.18 555.98 2611.43 1354.02 641.00
595.67 546.87 2571.27 1303.03 633.00
584.58 536.28 2543.38 1267.72 624.05
352.03 360.57 85.70
342.12 343.63 84.75
328.73 332.57 83.55
IT 827.90 932.93 2322.40 433.93 509.63
812.05 921.57 2295.20 424.97 497.12
MEDIA & ENTERTAINMENT 535.87 527.23 METALS
COALINDIA HINDALCO TATASTEEL
284.42 213.32 471.48
280.53 206.33 460.37 SERVICES
ADANIPORTS
342.83
335.27
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
645.78 575.68 2679.48 1440.32 657.95
626.27 566.57 2639.32 1389.33 649.95
BHARTIARTL INFRATEL IDEA
375.33 388.57 87.85
365.42 371.63 86.90
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close ACC 1495.45 BANKBARODA 175.20 ULTRACEMCO 3978.35 M&M 1258.20 GAIL 399.5
Current Price 1626.55 187.55 4248.95 1335.55 423.95
% Change 8.77% 7.05% 6.80% 6.15% 6.12%
In Points 131.10 12.35 270.60 77.35 24.45
Weekly Top losers stocks Script Symbol Previous Close LUPIN 1407.85 AUROPHARMA 633.20 TECHM 427.65 TCS 2310.80 NTPC 167.20
Current Price 1338.35 606.75 416.95 2273.15 164.50
% Change -4.94% -4.18% -2.50% -1.63% -1.61%
In Points -69.50 -26.45 -10.70 -37.65 -2.70
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 1 MAY TO 5 MAY 17 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
28/APR /2017
4556.74
5707.17
-1150.43
27/APR /2017
6340.04
6521.75
-181.71
26/APR/2017
5358.25
5850.77
-492.52
25/APR/2017
5634.16
5455.34
178.82
24/APR/2017
4001.95
4281.50
-279.55
DATE
Buy Value
Sell Value
Net Value
28/APR /2017
3691.34
2006.90
1684.44
27/APR /2017
3862.67
3629.36
233.31
26/APR/2017
3813.44
2802.06
1011.38
25/APR/2017
3952.59
2954.33
998.26
24/APR/2017
3479.94
2495.77
984.17
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
25/MAY/2017
CE
9400
112645
3594075
25/MAY/2017
CE
9500
112352
4267275
25/MAY/2017
CE
9600
88713
2363925
25/MAY/2017
PE
9300
102295
3351050
25/MAY/2017
PE
9200
73461
3441450
25/MAY/2017
PE
9100
62263
3941250
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
04/MAY/2017
CE
22300
124181
365920
04/MAY/2017
CE
22500
119117
395760
04/MAY/2017
CE
22400
108574
300560
04/MAY/2017
PE
22000
90121
565640
04/MAY/2017
PE
22200
85177
291400
04/MAY/2017
PE
22100
66044
225160
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 1 MAY TO 5 MAY 17 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
29 APR 17
IDFC
BUY ON DEEP
62
65-68
OPEN
22 APR 17
RELIANCE
BUY ON DEEP
1400
1455-1525
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
EXIT AT 282.7
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
BOOK AT 569
28 JAN 17
LUPIN
BUY ON DEEP
1490-1500
1560-1620
1ST TARGET ACHIEVED
1ST TARGET ACHIEVED BOOK AT 1603 1ST TARGET ACHIEVED 1ST TARGET ACHIEVED
ALLTARGET ACHIEVED 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
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