EQUITY TECHNICAL REPORT

WEEKLY
[8 AUG to 12 AUG 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 AUG TO 12 AUG 16

NIFTY 50 8683.15 (44.65) (0.52%)

The Week has started on a bullish; Nifty
consolidated after making a fresh one year
high on the back of negative cues coming from
international markets. The market was come
down wiped off all its gains to settle the day
Nifty ends below 8650-mark on Monday. On
Tuesday, The Nifty closed with a loss of 14
points at 8622. The Nifty opened at 8647
hitting a high of 8687 and low of 8611. On
Wednesday, The Nifty closed with a loss of 78
points at 8544 And Nifty cracked below the
level of 8550 and made a support level of
8525. The Wednesday market was volatile due
to the Rajyasabha Finally, passage of the
Goods and Services Tax (GST) Bill. On
Thursday, Volatility was there in the market.
Nifty continues to follow the down trend, but
nifty take a support level of 8525 and close
above level of 8550. We had recommended on
last week research report (see our weekly
report 1AUG to 5 AUG) [WE ADVISED TO
BUY NIFTY FUTURE AROUND 8600-8615
TARGET
8680-8780.
OUR
TARGET
ACHIEVED ON FIRDAY 2 AUG 2016 NIFTY
FUTURE MADE A HIGH AT 8747] On Friday,
Trading for the week ended with strong gains
132 points and nifty take a resistance level of
8700 and close below at 8683. The Nifty50
(spot) opened the week at 8654.30, made a
high of 8711.30 low of 8511.40 and closed the
week at 8683.15. Thus the Nifty closed the
week with a gaining of 44.65 points or 0.52%.

Formations

The 20 days EMA are placed at

8544.41
The 5 days EMA are placed at
8616.26
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Future Outlook:
The Nifty daily chart is bullish; we
advised to buy Nifty future around 8700
target 8800. The Nifty future selling
pressure below 8550 and down trend
target will be 8440. Nifty upside weekly
Resistance is 8700-8800 level. On the
downside strong support 8550-8425
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 AUG TO 12 AUG 16

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50 (SPOT)

Resistance2

BAJAJ-AUTO

2992.03
25795.67
23876.32
3639.18
1532.27
5184.38
348.68
546.73

BOSCHLTD
EICHERMOT
HEROMOTOCO
M&M
MARUTI
TATAMTRDVR
TATAMOTORS

8831

Resistance1

Pivot

Support 1

Support 2

8564

8444

2751.07
24489.38
21200.78
3270.97
1445.48
4796.27
317.37
488.37

2640.03
23943.67
20178.42
3097.98
1406.97
4650.88
303.48
460.33

1677.32
264.95

1633.58
254.00

4997.95
3681.43

4730.45
3555.97

1453.07

1393.93

1120.73
909.28
247.40

1098.12
893.07
242.25

561.87
373.20
157.77
220.13

537.18
363.85
154.08
214.32

177.13
1006.65

173.07
993.00

169.63
969.75

70.05

69.00

549.07
149.20

530.88
140.75

8756
8638
AUTOMOBILE
2927.07
2816.03
25415.38
24869.67
23049.73
22027.37
3541.57
3368.58
1508.13
1469.62
5063.02
4917.63
339.97
326.08
531.57
503.53
CEMENT & CEMENT PRODUCTS
1744.62
1700.88
281.75
270.80

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1768.18
287.60

LT

1645.13

ASIANPAINT
HINDUNILVR
ITC

1177.22
957.07
267.15

BPCL
GAIL
NTPC
ONGC

628.18
395.85
166.68
232.52

5447.00
5179.50
3887.68
3762.22
CONSTRUCTION
1578.67
1519.53
CONSUMER GOODS
1160.28
1137.67
941.28
925.07
259.85
254.70
ENERGY
607.37
582.68
389.20
379.85
164.07
160.38
229.23
223.42

POWERGRID
RELIANCE
TATAPOWER

184.63
1043.55

180.57
1029.90

AXISBANK

587.18
168.15

72.60
71.55
FINANCIAL SERVICES
577.22
559.03
162.90
154.45

1276.58
1435.23

1262.92
1388.67

1245.28
1350.88

1231.62
1304.32

1213.98
1266.53

272.48
1239.07

259.22
1211.83

247.93
1184.67

234.67
1157.43

223.38
1130.27

794.12

784.23

766.12

756.23

738.12

240.65
1301.12

236.70
1279.78

229.95
1241.67

226.00
1220.33

219.25
1182.22

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

5628.55
3968.47

74.10

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 AUG TO 12 AUG 16

BHEL

156.43

HCLTECH
INFY

WIPRO

916.92
1099.80
2761.70
527.22
568.07

ZEEL

522.07

COALINDIA
HINDALCO

338.03

TCS
TECHM

TATASTEEL

INDUSTRIAL MANUFACTURING
147.07
139.63
IT
869.33
810.92
1083.90
1071.95
2705.40
2668.70
511.13
493.62
557.63
551.32
MEDIA & ENTERTAINMENT
509.23
496.52
METALS
333.72
327.18

151.17
401.73

147.43
391.72

130.27

122.83

763.33
1056.05
2612.40
477.53
540.88

704.92
1044.10
2575.70
460.02
534.57

483.68

470.97

322.87

316.33

140.52
372.98

136.78
362.97

129.87
344.23

230.58

224.92

215.83

772.33
527.85
2984.57
1688.18
839.38

737.87
520.70
2954.13
1628.47
823.82

705.78
508.15
2899.57
1582.28
805.73

362.85
394.77
105.17

354.20
381.03
103.33

344.40
372.82
100.47

SERVICES
ADANIPORTS

245.33

239.67

AUROPHARMA
CIPLA

838.88
547.55
3069.57
1794.08
873.03

804.42
540.40
3039.13
1734.37
857.47

381.30
416.72
109.87

372.65
402.98
108.03

PHARMA

DRREDDY
LUPIN
SUNPHARMA

TELECOM
BHARTIARTL
INFRATEL
IDEA

Weekly Top gainers stocks

Script Symbol
Previous Close
HCLTECH
752.95
HINDALCO
133.55
GRASIM
4894.50
HEROMOTOCO
3203.15
TATASTEEL
355.05

Current Price
821.75
143.70
5265.45
3443.95
381.70

% Change
9.14%
7.60%
7.58%
7.52%
7.51%

In Points
68.80
10.15
370.95
240.80
26.65

Weekly Top losers stocks

Script Symbol
Previous Close
ICICIBANK
262.90
BHEL
145.90
LUPIN
1739.85
LT
1558.85
AUROPHARMA
791.45

Current Price
245.95
137.70
1674.65
1512.20
769.95

% Change
-6.45%
-5.62%
-3.75%
-2.99%
-2.72%

In Points
-16.95
-8.20
-65.20
-46.65
-21.50

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 AUG TO 12 AUG 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

5/AUG/2016

4264.48

3828.85

435.63

4/AUG/2016

4144.11

3584.62

559.49

3/AUG/2016

4698.92

4120.63

578.17

2/AUG/2016

4914.92

4378.65

536.27

1/AUG/2016

5928.19

5201.97

726.22

DATE

Buy Value

Sell Value

Net Value

5/AUG/2016

2163.06

1546.74

616.32

4/AUG/2016

1682.14

2209.25

-527.11

3/AUG/2016

1674.42

2475.17

-800.75

2/AUG/2016

2234.26

2617.49

-383.23

1/AUG/2016

2159.81

2573.58

-413.77

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

25/AUG/2016

CE

8700

208285

4015725

25/AUG/2016

CE

8800

175609

5421075

25/AUG/2016

CE

8900

129310

4604850

25/AUG/2016

PE

8600

183436

4649925

25/AUG/2016

PE

8500

150786

5329725

25/AUG/2016

PE

8400

123576

4517175

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

11/AUG/2016

CE

19000

75690

233360

11/AUG/2016

CE

19100

40181

188320

11/AUG/2016

CE

19200

35795

133360

11/AUG/2016

PE

18500

52336

283600

11/AUG/2016

PE

18700

36537

117520

11/AUG/2016

PE

18600

28475

115600

www.zoidresearch.com

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 AUG TO 12 AUG 16
Weekly Recommendations:
DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

6 AUG 16

BHARATFORG

BUY ON DEEP

800-795

835-875

OPEN

30 JULY 16

RELCAPITAL

BUY ON DEEP

440-442

458-480

OPEN

23 JULY 16

ITC

BUY ABOVE

254

265-275

BOOK AT 262

16 JULY 16

JETAIRWAYS

SELL BELOW

555

530-505

EXIT AT 580

9 JULY 16

RELIANCE

SELL ON RISE

980-982

940-900

NOT
EXECUTED

2 JULY 16

GAIL

BUY ON DEEP

390-392

406-422

OPEN

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

21 MAY 16

VOLTAS

BUY ABOVE

332

345-360

BOOK AT 342

14 MAY 16

CESC

BUY ON DEEP

542-540

562-585

7 MAY 16

TITAN

BUY ON DEEP

360-362

375-395

30 APR 16

GLENMARK

BUY ON DEEP

828-825

862-900

22 APR 16

PFC

BUY ON DEEP

175-173

182-190

1ST TARGET
ACHIEVED
1ST TARGET
ACHIEVED
1ST TARGET
ACHIEVED
1ST TARGET
ACHIEVED

* FII & DII trading activity on NSE, BSE, and MCXSX 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
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Mobile: +91 9039073611
Email: info@zoidresearch.com
Website: www.zoidresearch.com

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ZOID RESEARCH TEAM