Equity Technical Weekly Report (18 Apr-22 Apr)

Page 1

EQUITY TECHNICAL REPORT WEEKLY [18 APR to 22 APR 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 APR TO 22 APR 16

NIFTY 50 7850.45 (295.25)

(3.91)

The week has started on a positive note. Indices recouped earlier losses to end with strong gains tracking positive global cues on Monday. On Tuesday See-saw movement was there in the market nifty was trading on mixed note. On Wednesday Bulls made happy before a long weekend. Cheerful bullish trading session was witnessed. Nifty50 index edged above the key 7850 levels The Nifty hit over three-month high. On Thursday & Friday there is a trading holiday due to Dr. Babasaheb Ambedkar Jayanti & Ram Navami. The Nifty50 opened the week at 7577.80, made a high of 7864.80, low of 7516.85 and closed the week at 7850.4. Thus the Nifty closed the week with a gaining of 295.25 points or 3.91%

Formations

 The 20 days EMA are placed at 7717.93  The 5 days EMA are placed at 7625.36

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Future Outlook: The Nifty daily chart is bullish; we advised to Buy Nifty future around 7800 target 8000. The Nifty future selling pressure below 7550. Nifty upside weekly Resistance is 7975-8100 level. On the downside strong support at 7625-7400

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 APR TO 22 APR 16

Weekly Pivot Levels for Nifty 50 Stocks Script Symbol NIFTY 50

Resistance2

BAJAJ-AUTO

2764.83 21014.12 20589.43 3339.75 1437.12 3955.67 317.12 435.98

BOSCHLTD EICHERMOT HEROMOTOCO M&M MARUTI TATAMTRDVR TATAMOTORS

8092

Resistance1

Pivot

7971 7744 AUTOMOBILE 2673.67 2523.33 20521.58 19757.47 20242.87 19621.43 3243.90 3076.15 1384.78 1297.42 3843.63 3633.32 308.53 292.12 422.37 398.13 CEMENT & CEMENT PRODUCTS 1488.13 1456.82 235.23 228.37

ACC AMBUJACEM GRASIM ULTRACEMCO

1506.32 239.37

LT

1291.90

ASIANPAINT HINDUNILVR ITC

897.62 935.30 342.68

BPCL GAIL NTPC ONGC

966.22 390.88 142.02 221.52

4157.03 4035.72 3345.73 3242.87 CONSTRUCTION 1263.40 1224.50 CONSUMER GOODS 885.98 864.37 916.50 880.80 336.97 326.98 ENERGY 945.93 919.52 380.22 361.88 139.58 135.42 217.43 211.32

POWERGRID RELIANCE TATAPOWER

148.43 1093.22

146.72 1079.63

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

4240.52 3417.77

73.33

143.63 1056.32

Support 1

Support 2

7623

7396

2432.17 19264.93 19274.87 2980.30 1245.08 3521.28 283.53 384.52

2281.83 18500.82 18653.43 2812.55 1157.72 3310.97 267.12 360.28

1438.63 224.23

1407.32 217.37

3952.23 3170.83

3830.92 3067.97

1196.00

1157.10

852.73 862.00 321.27

831.12 826.30 311.28

899.23 351.22 132.98 207.23

872.82 332.88 128.82 201.12

141.92 1042.73

138.83 1019.42

66.92

63.83

462.23 160.62

71.67 68.58 FINANCIAL SERVICES 451.37 434.43 156.53 149.82

423.57 145.73

406.63 139.02

1111.95 1154.82

1096.85 1134.88

1069.85 1097.52

1054.75 1077.58

1027.75 1040.22

259.75 1030.40

250.20 1008.40

234.65 972.45

225.10 950.45

209.55 914.50

723.85

708.10

684.20

668.45

644.55

197.03 891.48

194.47 880.82

191.23 864.33

188.67 853.67

185.43 837.18

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 APR TO 22 APR 16

BHEL

143.15

HCLTECH INFY

WIPRO

858.25 1216.77 2626.73 486.73 622.70

ZEEL

422.23

COALINDIA HINDALCO

288.18

TCS TECHM

TATASTEEL

INDUSTRIAL MANUFACTURING 138.40 130.70 IT 847.90 836.15 1194.73 1172.92 2576.47 2494.73 479.07 465.03 603.80 573.00 MEDIA & ENTERTAINMENT 412.07 399.83 METALS 282.82 277.23

104.07 347.22

100.18 340.03

125.95

118.25

825.80 1150.88 2444.47 457.37 554.10

814.05 1129.07 2362.73 443.33 523.30

389.67

377.43

271.87

266.28

94.02 329.02

90.13 321.83

83.97 310.82

230.08

222.22

210.88

777.45 507.98 3072.40 1539.53 826.05

758.90 500.97 3022.10 1510.37 816.20

732.70 490.03 2944.70 1471.83 799.35

352.25 384.57 113.40

340.00 369.13 110.00

328.75 352.57 105.35

SERVICES ADANIPORTS

249.28

241.42

AUROPHARMA CIPLA

822.20 525.93 3200.10 1607.23 852.75

803.65 518.92 3149.80 1578.07 842.90

375.75 416.57 121.45

363.50 401.13 118.05

PHARMA

DRREDDY LUPIN SUNPHARMA

TELECOM BHARTIARTL INFRATEL IDEA

Weekly Top gainers stocks Script Symbol Previous Close BHEL 113.90 M&M 1220.35 NTPC 126.20 TATAMOTORS 376.70 HINDALCO 88.95

Current Price 133.65 1332.45 137.15 408.75 96.30

% Change 17.34% 9.19% 8.68% 8.51% 8.26%

In Points 19.75 112.10 10.95 32.05 7.35

Weekly Top losers stocks Script Symbol Previous Close INFY 1200.70 HCLTECH 838.75 NA NA NA NA NA NA

Current Price 1172.70 837.55 NA NA NA

% Change -2.33 -0.14 NA NA NA

In Points -28.00 -1.20 NA NA NA

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 APR TO 22 APR 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

13/APR/2016

4923.76

4279.49

644.27

12/APR/2016

3149.90

2842.18

307.72

11/APR/2016

4907.60

4800.37

107.23

DATE

Buy Value

Sell Value

Net Value

13/APR/2016

2519.32

2249.43

269.89

12/APR/2016

1674.55

1736.29

-61.74

11/APR/2016

1382.93

1079.05

303.88

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

28/APR/2016

CE

7900

411215

5043975

28/APR/2016

CE

8000

384366

7233975

28/APR/2016

CE

7800

299166

3647625

28/APR/2016

PE

7800

306113

3898800

28/APR/2016

PE

7700

288443

4591500

28/APR/2016

PE

7600

249683

4423500

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

28/APR/2016

CE

16500

110289

396840

28/APR/2016

CE

17000

72904

738960

28/APR/2016

CE

16000

36313

313320

28/APR/2016

PE

16000

71132

462570

28/APR/2016

PE

15500

59738

575940

28/APR/2016

PE

15000

26430

530790

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 18 APR TO 22 APR 16 Weekly Recommendations: DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

14 APR 16

RCOM

BUY ON DEEP

52.75-52.50

55-58

OPEN

9 APR 16

AJANTPHARM

BUY ON DEEP

1460

1520-1580

BP AT 1500

2 APR 16

TATAMOTORS

BUY ON DEEP

378-380

395-412

26 MAR 16

BATAINDIA

BUY ON DEEP

500-498

520-550

19 MAR 16

DLF

BUY ABOVE

108.5

114-120

12 MAR 16

TATAMOTORS

BUY ON DEEP

348-350

365-380

5 MAR 16

SBIN

BUY ON DEEP

180-178

187-199

27 FEB 16

CROMPGREAV

BUY ABOVE

130

136-145

20 FEB 16

ADANIPORT

BUY ON DEEP

210-208

219-222

13 FEB 16

APOLLOTYRE

BUY ON DEEP

148-146

155-165

30 JAN 16

IRB

BUY ON DEEP

240-238

250

23 JAN 16

CENTURYTEX

BUY ON DEEP

520-517

545-570

EXIT AT 500

16 JAN 16

ASIANPAINT

BUY ON DEEP

880-875

915-955

BP AT 907

9 JAN 16

DLF

SELL BELOW

107

102

TARGET ACHIEVED

1ST TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED ALL TARGET ACHIEVED 1ST TARGET ACHIEVED ALL TARGET ACHIEVED ALL 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 www.zoidresearch.com

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