EQUITY TECHNICAL REPORT WEEKLY [17 OCT to 21 OCT 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 17 OCT TO 21 OCT 16
NIFTY 50 8583.40 (-114.20) (-1.32%) This week's markets open with a positive note and Nifty managed to close above its crucial psychological of 8750. The Nifty closed with a gain of 11 points at 8708.80. On Tuesday and Wednesday was Market holiday due to Dussehra and Muharram. On Thursday market opened in red and markets fall sharply. Nifty closed with a loss of 135 points at 8573. It opened at 8672, hit an intra-day high of 8682 and low of 8541. We had recommended on last week research report (see our weekly report 10 Oct to 14 Oct) (we advised to Nifty future sell on rise around 8670 target will be 85508450). Our target achieved on 13 Oct Nifty future made a low at 8551. On Friday, the last Trading day of the week; the market is showing correction. A Market opened in green after massive cuts yesterday and also rebound in Asian markets. Nifty jumped 10 points to close at 8583. The Nifty50 (spot) opened the week at 8735.35, made a high of 8745.80 low of 8841.35 and closed the week at 8583.40. Thus the Nifty closed the week with a losing of -114.20 points or -1.32%. Formations
 The 20 days EMA are placed at 8701.57  The 5 days EMA are placed at 8638.23
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Future Outlook: The Nifty daily chart is bearish trend; we advised to Nifty future sell on rise around 8700 target will be 8550-8450. The nifty future buying pressure above 8750. Nifty upside weekly Resistance is 8700-8825 level. On the downside strong support 8500-8400 ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 17 OCT TO 21 OCT 16
Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50 (SPOT)
Resistance2
BAJAJ-AUTO BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS
2993.83 23981.38 27181.15 3659.47 1487.33 5829.40 383.12 585.63
ACC AMBUJACEM GRASIM ULTRACEMCO
1675.80 266.10 1060.72 4135.23
LT
1501.58
ASIANPAINT HINDUNILVR ITC
1249.93 906.15 248.15
BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER
722.65 450.05 156.10 287.85 186.45 1153.83 84.77
8705 8624 AUTOMOBILE 2938.67 2861.83 23558.47 23127.08 26495.80 25819.65 3566.83 3501.37 1430.67 1398.08 5756.60 5694.20 374.63 358.87 575.67 557.33 CEMENT & CEMENT PRODUCTS 1650.60 1627.80 259.45 254.35 1042.83 1015.52 4034.57 3944.08 CONSTRUCTION 1479.27 1457.23 CONSUMER GOODS 1217.27 1191.33 891.70 875.25 243.55 239.60 ENERGY 693.10 654.05 432.05 401.80 152.20 149.95 277.60 265.00 181.70 178.65 1131.42 1103.83 82.73 79.07
566.38 177.15 1309.43 1460.37 265.53 1264.35 806.25 271.00 1312.43
FINANCIAL SERVICES 550.12 537.08 170.50 166.55 1295.02 1285.63 1432.03 1409.02 258.07 253.13 1242.60 1218.25 794.45 784.80 264.85 258.75 1293.12 1278.18
AXISBANK BANKBARODA HDFCBANK HDFC ICICIBANK INDUSINDBK KOTAKBANK SBIN YESBANK www.zoidresearch.com
8828
Resistance1
Pivot
Support 1
Support 2
8501
8420
2806.67 22704.17 25134.30 3408.73 1341.42 5621.40 350.38 547.37
2729.83 22272.78 24458.15 3343.27 1308.83 5559.00 334.62 529.03
1602.60 247.70 997.63 3843.42
1579.80 242.60 970.32 3752.93
1434.92
1412.88
1158.67 860.80 235.00
1132.73 844.35 231.05
624.50 383.80 146.05 254.75 173.90 1081.42 77.03
585.45 353.55 143.80 242.15 170.85 1053.83 73.37
520.82 159.90 1271.22 1380.68 245.67 1196.50 773.00 252.60 1258.87
507.78 155.95 1261.83 1357.67 240.73 1172.15 763.35 246.50 1243.93
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 17 OCT TO 21 OCT 16
BHEL
142.07
HCLTECH INFY TCS TECHM WIPRO
842.98 1065.98 2494.00 439.12 489.38
ZEEL
611.43
INDUSTRIAL MANUFACTURING 138.63 136.57
133.13
131.07
786.82 997.97 2331.45 413.63 472.52
767.08 983.38 2295.10 407.52 468.08
550.67
529.13
321.15 157.35 396.82
313.30 153.00 386.03
307.80 148.00 365.52
265.43
260.92
254.98
857.77 580.13 3094.77 1495.72 757.67
832.53 556.42 3004.53 1483.43 742.33
809.27 542.78 2954.77 1466.72 733.47
319.87 370.98 80.53
313.58 357.02 78.47
307.72 343.13 76.93
IT 824.77 1039.27 2430.90 429.43 483.17
805.03 1024.68 2394.55 423.32 478.73
MEDIA & ENTERTAINMENT 591.82 570.28 METALS
COALINDIA HINDALCO TATASTEEL
334.50 166.70 428.12
326.65 162.35 417.33 SERVICES
ADANIPORTS
275.88
271.37
AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA
906.27 617.48 3234.77 1524.72 781.87
881.03 593.77 3144.53 1512.43 766.53
BHARTIARTL INFRATEL IDEA
332.02 398.83 84.13
325.73 384.87 82.07
PHARMA
TELECOM
Weekly Top gainers stocks Script Symbol Previous Close GAIL 414.05 ONGC 267.35 CIPLA 570.05 ULTRACEMCO 3933.90 ASIANPAINT 1184.60
Current Price 430.40 277.05 587.00 4036.50 1205.75
% Change 3.95% 3.63% 2.97% 2.61% 1.79%
In Points 16.35 9.70 16.95 102.60 21.15
Weekly Top losers stocks Script Symbol Previous Close ZEEL 572.20 IDEA 80.00 HDFC 1403.70 BANKBARODA 163.85 ADANIPORT 266.85
Current Price 528.50 74.70 1316.05 153.95 254.35
% Change -7.64% -6.63% -6.24% -6.04% -4.68%
In Points -43.70 -5.30 -87.65 -9.90 -12.50
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WEEKLY TECHNICAL REPORT 17 OCT TO 21 OCT 16 Weekly FII’S Statistics* DATE
Buy Value
Sell Value
Net Value
14/OCT/2016
3983.06
4929.48
-946.42
13/OCT/2016
6244.03
7155.56
-911.53
10/OCT/2016
1742.57
2289.83
-547.26
DATE
Buy Value
Sell Value
Net Value
14/OCT/2016
2837.80
2280.90
556.90
13/OCT/2016
2933.90
2254.41
679.49
10/OCT/2016
2058.51
1589.55
468.96
Weekly DII’S Statistics*
MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
27/OCT/2016
CE
8600
230530
3517725
27/OCT/2016
CE
8700
200606
4272975
27/OCT/2016
CE
8800
174157
5234025
27/OCT/2016
PE
8600
197892
4374600
27/OCT/2016
PE
8500
183533
5553525
27/OCT/2016
PE
8400
98814
3458475
MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE
TYPE
STRIKE PRICE
VOLUME
OPEN INTEREST
20/OCT/2016
CE
19200
74405
210360
20/OCT/2016
CE
19500
64547
379920
20/OCT/2016
CE
19300
63039
294440
20/OCT/2016
PE
18500
63565
404320
20/OCT/2016
PE
18800
51345
154200
20/OCT/2016
PE
19000
34907
127720
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ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT 17 OCT TO 21 OCT 16 Weekly Recommendations:DATE
SYMBOL
STRATEGY
ENTRY
TARGET
STATUS
15 OCT 16
TATAMTRDVR
BUY ON DEEP
360-358
375
OPEN
8 OCT 16
HDFCBANK
SELL BELOW
1285
1233-1180
OPEN
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
23 JULY 16
ITC
BUY ABOVE
254
265-275
BOOK AT 262
16 JULY 16
JETAIRWAYS
SELL BELOW
555
530-505
EXIT AT 580
2 JULY 16
GAIL
BUY ON DEEP
390-392
406-422
EXIT AT 370
17 JUN 16
HDFC
BUY ON DEEP
1220-1210
1260-1300
ALL TARGET ACHIEVED
11JUN 16
DHFL
BUY ON DEEP
205-203
214-222
EXIT AT 194
28 MAY 16
HEROMOTOCO
BUY ON DEEP
3000
3120-3250
ALL TARGET ACHIEVED
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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