Equity Technical Weekly Report
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Transcript of Equity Technical Weekly Report

EQUITY TECHNICAL REPORT WEEKLY [28 MAR to 1 APR 2016]
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT
28 MAR TO 1 APR 16
www.zoidresearch.com ZOID RESEARCH TEAM
NIFTY 50 7716.50 (112.15) (1.48%)
Last Week Nifty opened with positive
note market opened very higher side. In the morning nifty opened above 7600 level on Monday. On Tuesday market was highly volatile but in the end, it did
retain the gains it had covered post FOMC meet. Caution over a potential US rate hike, coupled with negative Chinese indices and profit booking, subdued the
equity markets. On Wednesday the market was in a holiday mood and investors took a cautionary approach
ahead of the long weekend. On Thursday & Friday market had trading holiday;
due to Holi Festival and Good Friday. We had recommended on last week research report (see our weekly report 21 MAR. to 25 MAR) [BUY NIFTY
FUTURE ABOVE 7600 TARGET 7700-
7750. ON WENSDAY (23 MARCH 2016) OUR TARGET ALMOST ACHIEVED
MADE A HIGH AT 7746.55]. The Nifty50
opened the week at 7619.20, made a high of 7728.20, low of 7617.7 and closed the week at 7716.50. Thus the Nifty closed the week with a gain of
112.15 points. The Nifty rose 1.48 percent. Formations
The 20 days EMA are placed at
7463.48
The 5 days EMA are placed at
7659.85
Future Outlook:
The Nifty daily chart is bullish; the short
term trend hence continues to remain
positive. We advised to buy nifty future
around 7650 target 7800. We are expecting
nifty take a correction around 7625-7650
and continues the follow the buying trend
around 7800-7900. On the downside strong
support at 7575

WEEKLY TECHNICAL REPORT
28 MAR TO 1 APR 16
www.zoidresearch.com ZOID RESEARCH TEAM
Weekly Pivot Levels for Nifty 50 Stocks
Script Symbol Resistance2 Resistance1 Pivot Support 1 Support 2
NIFTY 50 7798 7757 7688 7647 7577
AUTOMOBILE
BAJAJ-AUTO 2411.20 2383.80 2336.60 2309.20 2262.00
BOSCHLTD 21641.23 20929.37 19831.73 19119.87 18022.23
HEROMOTOCO 3008.53 2939.97 2846.13 2777.57 2683.73
M&M 1286.92 1268.13 1247.07 1228.28 1207.22
MARUTI 3834.00 3785.00 3695.00 3646.00 3556.00
TATAMOTORS 390.50 383.75 374.75 368.00 359.00
CEMENT & CEMENT PRODUCTS
ACC 1432.22 1402.43 1370.22 1340.43 1308.22
AMBUJACEM 240.35 234.30 227.90 221.85 215.45
GRASIM 3936.27 3858.63 3749.37 3671.73 3562.47
ULTRACEMCO 3345.45 3271.95 3191.50 3118.00 3037.55
CONSTRUCTION
LT 1233.32 1237.93 1234.92 1239.53 1236.52
CONSUMER GOODS
ASIANPAINT 885.97 867.98 857.02 839.03 828.07
HINDUNILVR 903.80 888.70 867.90 852.80 832.00
ITC 342.88 333.72 327.03 317.87 311.18
ENERGY
BPCL 899.67 884.08 872.22 856.63 844.77
CAIRN 163.27 160.83 157.17 154.73 151.07
GAIL 373.53 364.82 359.78 351.07 346.03
NTPC 129.85 128.60 127.45 126.20 125.05
ONGC 222.47 218.53 215.22 211.28 207.97
POWERGRID 140.92 139.18 137.72 135.98 134.52
RELIANCE 1064.47 1046.83 1034.62 1016.98 1004.77
TATAPOWER 66.48 64.57 61.48 59.57 56.48
FINANCIAL SERVICES
AXISBANK 453.10 445.30 439.80 432.00 426.50
BANKBARODA 149.83 146.92 144.88 141.97 139.93
HDFCBANK 1070.42 1059.88 1046.07 1035.53 1021.72
HDFC 1200.88 1181.82 1154.93 1135.87 1108.98
ICICIBANK 238.47 236.33 233.47 231.33 228.47
INDUSINDBK 943.55 935.80 929.25 921.50 914.95
KOTAKBANK 685.98 672.97 662.78 649.77 639.58
PNB 88.77 86.73 85.47 83.43 82.17
SBIN 201.20 198.90 195.95 193.65 190.70
YESBANK 877.05 863.15 837.95 824.05 798.85

WEEKLY TECHNICAL REPORT
28 MAR TO 1 APR 16
www.zoidresearch.com ZOID RESEARCH TEAM
INDUSTRIAL MANUFACTURING
BHEL 121.97 119.33 115.17 112.53 108.37
IT
HCLTECH 838.30 828.00 820.70 810.40 803.10
INFY 1235.53 1221.67 1196.83 1182.97 1158.13
TCS 2528.47 2501.13 2460.57 2433.23 2392.67
TECHM 500.53 490.22 482.43 472.12 464.33
WIPRO 573.92 564.83 553.32 544.23 532.72
MEDIA & ENTERTAINMENT
ZEEL 399.93 394.22 389.73 384.02 379.53
METALS
COALINDIA 303.23 300.62 297.08 294.47 290.93
HINDALCO 96.50 93.90 89.10 86.50 81.70
VEDL 101.58 99.22 95.83 93.47 90.08
TATASTEEL 329.17 323.18 311.92 305.93 294.67
SERVICES
ADANIPORTS 248.43 243.37 239.93 234.87 231.43
PHARMA
CIPLA 545.90 539.35 532.45 525.90 519.00
DRREDDY 3157.37 3102.63 3071.82 3017.08 2986.27
LUPIN 1603.38 1563.77 1532.38 1492.77 1461.38
SUNPHARMA 873.63 860.07 838.43 824.87 803.23
TELECOM
BHARTIARTL 372.47 365.33 354.27 347.13 336.07
IDEA 109.32 107.13 104.32 102.13 99.32
Weekly Top gainers stocks
Script Symbol Previous Close Current Price % Change In Points
BOSCHLTD 18774.10 20217.50 7.69% 1443.40 HINDALCO 85.20 91.30 7.16% 6.10
TATAPOWER 58.50 62.65 7.09% 4.15 TATASTEEL 302.20 317.20 4.96% 15.00
VEDL 92.30 96.85 4.93% 4.55
Weekly Top losers stocks
Script Symbol Previous Close Current Price % Change In Points
DRREDDY 3171.30 3047.90 -3.89% -123.40 ASIANPAINT 875.35 850.00 -2.90% -25.35
TECHM 492.45 479.90 -2.55% -12.55 GAIL 364.35 356.10 -2.26% -8.25
LUPIN 1554.40 1524.15 -1.95% -30.25

WEEKLY TECHNICAL REPORT
28 MAR TO 1 APR 16
www.zoidresearch.com ZOID RESEARCH TEAM
Weekly FII’S Statistics*
DATE Buy Value Sell Value Net Value
23/MAR/2016 3923.97 2947.06 976.91
22/MAR/2016 4945.28 3849.84 1095.44
21/MAR/2016 4791.88 3395.55 1396.33
Weekly DII’S Statistics*
DATE Buy Value Sell Value Net Value
23/MAR/2016 1596.53 2619.11 -1022.58
22/MAR/2016 1167.84 2098.21 -930.37
21/MAR/2016 1497.69 2116.46 -618.77
MOST ACTIVE NIFTY CALLS & PUTS
EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST
23/MAR/2016 CE 7800 468695 6657225
23/MAR/2016 CE 7700 438965 5738250
23/MAR/2016 CE 7900 189389 2530350
23/MAR/2016 PE 7700 415658 4362075
23/MAR/2016 PE 7600 411801 5371725
23/MAR/2016 PE 7500 255830 4985150
MOST ACTIVE BANK NIFTY CALLS & PUTS
EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST
23/MAR/2016 CE 16000 123848 986790
23/MAR/2016 CE 16500 56973 505590
23/MAR/2016 CE 16200 21346 185700
23/MAR/2016 PE 15500 89245 600030
23/MAR/2016 PE 16000 48148 252000
23/MAR/2016 PE 15800 40913 216120

WEEKLY TECHNICAL REPORT
28 MAR TO 1 APR 16
www.zoidresearch.com ZOID RESEARCH TEAM
Weekly Recommendations:
DATE SYMBOL STRATEGY ENTRY TARGET STATUS
26 MAR 16 BATAINDIA BUY ON DEEP 500-498 520-550 OPEN
19 MAR 16 DLF BUY ABOVE 108.5 114-120 1ST TARGET ACHIEVED
12 MAR 16 TATAMOTORS BUY ON DEEP 348-350 365-380 1ST TARGET ACHIEVED
5 MAR 16 SBIN BUY ON DEEP 180-178 187-199 1ST TARGET ACHIEVED
27 FEB 16 CROMPGREAV BUY ABOVE 130 136-145 ALL TARGET ACHIEVED
20 FEB 16 ADANIPORT BUY ON DEEP 210-208 219-222 ALL TARGET ACHIEVED
13 FEB 16 APOLLOTYRE BUY ON DEEP 148-146 155-165 1ST TARGET ACHIEVED
30 JAN 16 IRB BUY ON DEEP 240-238 250 1ST TARGET ACHIEVED
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
26 DEC 15 VEDL BUY ON DEEP 92 95.50 TARGET
ACHIEVED
19 DEC 15 CROMPGREAV BUY ON DEEP 188-187 194-202 ALL TARGET ACHIEVED
28 NOV 15 ZEEL BUY ON DEEP 410 425-444 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: [email protected] Website: www.zoidresearch.com