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EQUITY TECHNICAL REPORT WEEKLY [28 NOV to 2 DEC 2016]

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16

NIFTY 50 8114.30 (40.20) (0.50%) The proceedings for the week began Volatility were witnessed there in the market on the first day of expiry week. The market fell down and nifty traded below 8000 made a low at 7916.40 on Monday. On Tuesday, Market was still volatile. The only positive is that it was still in the green zone. Nifty takes support at 7925 to close above 8000. We saw pullback rally in the last hour of the trading session. On Wednesday, The Nifty has taken strong support 7925 to close at 8033. On Thursday, The Nifty saw a range movement between 8080-8130. The Nifty Daily candle chart shows bullish engulfing patterns that indicate a bullish reversal. In Market, huge volatility we saw due to expiry of November series derivative contracts. On Friday, the December derivatives series began on a positive note due to Positive global indices, rupee appreciation and also steel makers extended gains after the government imposed anti-dumping duties on some imports lifted the Indian stock markets. Nifty made a high at 8122.25 and take a resistance level at 8150 and close at 8114. The Nifty50 (spot) opened the week at 8102.45, made a high of 8122.25 low of 7916.40 and closed the week at 8114.30. Thus the Nifty closed the week with a gaining of 40.20 points or 0.50%.

Formations 

The 20 days EMA are placed at 8247.71



The 5 days EMA are placed at 8051.39

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Future Outlook:

The Nifty daily chart is bullish trend; we advised to if Nifty future Buy above 8150 target will be 8300-8400. The Nifty future selling pressure below 7925. Nifty upside weekly Resistance is 8250-8175 level. On the downside strong support 7975-7850. ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 28 NOV TO 2 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

2741.68 20499.23 22781.75 3211.52 1283.10 5101.20 311.98 489.08

ACC AMBUJACEM GRASIM ULTRACEMCO

1378.77 216.53 854.43 3645.75

LT

1433.90

ASIANPAINT HINDUNILVR ITC

1008.32 866.77 235.47

BPCL GAIL NTPC ONGC POWERGRID RELIANCE TATAPOWER

660.20 449.73 169.80 288.72 201.35 1023.77 72.38

8186 8050 AUTOMOBILE 2677.37 2593.68 19670.07 18670.83 21502.15 20719.40 3128.73 3011.92 1228.05 1190.65 4987.40 4876.20 300.07 290.28 470.72 456.93 CEMENT & CEMENT PRODUCTS 1344.08 1300.32 210.07 200.53 838.77 810.33 3571.60 3435.80 CONSTRUCTION 1402.30 1353.40 CONSUMER GOODS 976.88 934.32 850.18 821.42 232.13 227.12 ENERGY 649.80 637.10 433.47 417.23 165.65 158.30 283.08 277.87 195.00 187.30 1008.73 995.47 71.22 69.63

495.10 185.50 1250.43 1287.55 272.80 1109.18 800.75 289.68 1240.70

FINANCIAL SERVICES 483.15 470.60 176.70 170.75 1219.87 1188.93 1265.80 1235.40 266.45 260.65 1091.27 1063.98 776.45 756.65 275.32 263.23 1204.20 1154.95

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

8257

Resistance1

Pivot

Support 1

Support 2

7980

7854

2529.37 17841.67 19439.80 2929.13 1135.60 4762.40 278.37 438.57

2445.68 16842.43 18657.05 2812.32 1098.20 4651.20 268.58 424.78

1265.63 194.07 794.67 3361.65

1221.87 184.53 766.23 3225.85

1321.80

1272.90

902.88 804.83 223.78

860.32 776.07 218.77

626.70 400.97 154.15 272.23 180.95 980.43 68.47

614.00 384.73 146.80 267.02 173.25 967.17 66.88

458.65 161.95 1158.37 1213.65 254.30 1046.07 732.35 248.87 1118.45

446.10 156.00 1127.43 1183.25 248.50 1018.78 712.55 236.78 1069.20

ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16

BHEL

140.92

HCLTECH INFY TCS TECHM WIPRO

847.98 1034.53 2439.78 521.15 484.85

ZEEL

477.93

INDUSTRIAL MANUFACTURING 133.83 128.17

121.08

115.42

765.97 927.97 2167.82 455.60 446.90

729.98 878.43 2035.28 423.95 429.05

424.77

410.03

304.40 173.80 396.18

298.45 162.80 378.87

292.65 145.10 348.98

258.73

251.47

237.88

729.72 559.03 3149.15 1472.77 702.40

715.03 548.12 3094.65 1426.73 687.80

689.42 531.18 3020.85 1344.82 661.45

301.42 357.25 72.70

294.58 349.55 71.40

288.17 343.50 69.15

IT 824.97 1006.02 2370.07 504.20 474.80

788.98 956.48 2237.53 472.55 456.95

MEDIA & ENTERTAINMENT 458.72 443.98 METALS

COALINDIA HINDALCO TATASTEEL

316.15 202.50 443.38

310.20 191.50 426.07 SERVICES

ADANIPORTS

279.58

272.32

AUROPHARMA CIPLA DRREDDY LUPIN SUNPHARMA

770.02 586.88 3277.45 1600.72 743.35

755.33 575.97 3222.95 1554.68 728.75

BHARTIARTL INFRATEL IDEA

314.67 371.00 76.25

307.83 363.30 74.95

PHARMA

TELECOM

Weekly Top gainers stocks Script Symbol Previous Close TECHM 445.30 HINDALCO 165.35 TCS 2125.10 LUPIN 1417.75 WIPRO 437.15

Current Price 487.25 180.50 2300.35 1508.65 464.75

% Change 9.42% 9.16% 8.25% 6.41% 6.31%

In Points 41.95 15.15 175.25 90.60 27.60

Weekly Top losers stocks Script Symbol Previous Close EICHERMOT 21792.30 BHEL 134.30 M&M 1239.85 SBIN 275.80 BANKBARODA 176.95

Current Price 20222.55 126.75 1173.00 260.95 167.90

% Change -7.20% -5.62% -5.39% -5.38% -5.11%

In Points -1569.75 -7.55 -66.85 -14.85 -9.05

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16 Weekly FII’S Statistics* DATE

Buy Value

Sell Value

Net Value

25/NOV/2016

3849.34

4222.22

-372.88

24/NOV/2016

6175.67

8185.82

-2010.15

23/NOV/2016

4265.03

5288.15

-1023.12

22/NOV/2016

4418.49

5111.34

-692.85

21/NOV/2016

4323.60

5634.42

-1310.82

DATE

Buy Value

Sell Value

Net Value

25/NOV/2016

2695.81

1697.97

997.84

24/NOV/2016

3819.15

2170.93

1648.22

23/NOV/2016

2696.57

1440.90

1254.67

22/NOV/2016

2727.86

1652.66

1075.20

21/NOV/2016

2635.37

1424.36

1211.01

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

29/DEC/2016

CE

8200

117932

2800050

29/DEC/2016

CE

8100

115281

2065575

29/DEC/2016

CE

8300

98924

3206100

29/DEC/2016

PE

8000

118587

6710075

29/DEC/2016

PE

7900

94188

2481900

29/DEC/2016

PE

7800

75095

2462025

MOST ACTIVE BANK NIFTY CALLS & PUTS EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

01/DEC/2016

CE

19000

90872

593280

01/DEC/2016

CE

18500

66054

271320

01/DEC/2016

CE

18700

58677

357240

01/DEC/2016

PE

18000

75418

469240

01/DEC/2016

PE

18300

33493

128000

01/DEC/2016

PE

17800

32267

183800

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ZOID RESEARCH TEAM


WEEKLY TECHNICAL REPORT 28 NOV TO 2 DEC 16 Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

26 NOV 16

VEDL

BUY ON DEEP

223-220

232-242

OPEN

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 (OUR ALL TARGET ACHIEVED BUT BUYING LEVEL WAS NOT EXECUTED)

13 AUG 16

HINDALCO

BUY ON DEEP

145-142

152-160

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

1ST TARGET ACHIEVED ALL TARGET ACHIEVED BOOK AT 262

* 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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Equity Technical Report (28Nov - 2Dec)