EQUITY TECHNICAL REPORT

WEEKLY
[9 MAY to 13 MAY 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

9 MAY TO 13 MAY 16

NIFTY 50 7733.45 (-116.35) (-1.48)

May 2016, started off on a weaker note for
the Indian stock markets. Nifty opened on
a negative note, Nifty hit below 7800 mark
on Monday. On Tuesday Market was
highly volatile. After opening above the
7800 level nifty suddenly came down
below the support level 7750. On
Wednesday bulls were trapped in bears
grip. Nifty has closed below the support
level 7750. The market yet again closed in
the negative terrain extending its losing
streak to the third consecutive trading
session owing to persistent selling by the
FIIs amid weakness in global peers. On
Thursday Range bound movement was
there in the market. Snapping three-day
long falling spree, Nifty settled the day
above its key 7700-mark. On Friday
divergent
trend
for
various
index
constituents,
the
Nifty
50
index
provisionally ended near the flat line. Nifty
managed to hold above its key 7700-mark.
The Nifty closed with a loss of mere two
points at 7733. The Nifty50 opened the
week at 7894.80, made a high of 7992,
low of 7788.70 and closed the week at
7849.80. Thus the Nifty closed the week
with a losing of -49.5 points or -0.63%
Formations

The 20 days EMA are placed at

7770.66
The 5 days EMA are placed at
7755.68

www.zoidresearch.com

Future Outlook:
The Nifty daily chart is bearish; we advised
to sell Nifty future around 7725-7750
target 7600. The Nifty future buying
pressure above 7825 on closing basis. Nifty
upside weekly Resistance is 7825-8000
level. On the downside strong support at
7650-7550
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

9 MAY TO 13 MAY 16

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50

Resistance2

BAJAJ-AUTO

2523.53
20271.92
21060.90
3029.93
1376.00
3943.92
325.83
442.17

BOSCHLTD
EICHERMOT
HEROMOTOCO
M&M
MARUTI
TATAMTRDVR
TATAMOTORS

7979

Resistance1

Pivot

Support 1

Support 2

7645

7555

2410.57
18759.98
19504.00
2820.42
1307.10
3754.03
272.87
378.53

2385.93
18392.02
18792.10
2750.53
1283.40
3689.12
258.93
358.37

1387.68
213.15

1349.92
206.35

4048.40
3026.20

3984.75
2952.50

1236.58

1212.72

869.80
845.00
307.80

850.55
836.60
297.90

915.53
364.63
136.03
203.40

891.87
345.42
132.07
198.35

143.25
976.97

139.70
958.98

136.95
949.02

69.97

67.73

453.60
145.13

445.75
139.67

7856
7767
AUTOMOBILE
2479.37
2454.73
19699.93
19331.97
20638.40
19926.50
2960.12
2890.23
1353.40
1329.70
3881.43
3816.52
306.32
292.38
420.43
400.27
CEMENT & CEMENT PRODUCTS
1454.83
1417.07
226.35
219.55

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1484.22
232.75

LT

1307.02

ASIANPAINT
HINDUNILVR
ITC

909.25
877.40
333.90

BPCL
GAIL
NTPC
ONGC

1010.87
406.12
145.47
225.95

4177.30
4113.65
3209.45
3135.75
CONSTRUCTION
1283.73
1259.87
CONSUMER GOODS
899.15
879.90
865.40
857.00
325.80
315.90
ENERGY
975.03
951.37
394.98
375.77
142.73
138.77
217.20
212.15

POWERGRID
RELIANCE
TATAPOWER

149.55
1004.92

146.00
986.93

AXISBANK

486.85
164.87

73.97
71.73
FINANCIAL SERVICES
474.15
466.30
157.73
152.27

1811.12
1238.50

1465.38
1203.15

789.27
1140.85

443.53
1105.50

-232.58
1043.20

238.07
1073.57

228.33
1057.88

220.77
1041.57

211.03
1025.88

203.47
1009.57

736.58

719.77

707.93

691.12

679.28

194.48
976.43

189.42
943.32

184.28
924.48

179.22
891.37

174.08
872.53

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

4242.55
3319.00

75.73

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

9 MAY TO 13 MAY 16

BHEL

135.82

HCLTECH
INFY

WIPRO

768.60
1229.67
2577.13
494.35
560.57

ZEEL

434.03

COALINDIA
HINDALCO

298.03

TCS
TECHM

TATASTEEL

INDUSTRIAL MANUFACTURING
131.28
125.17
IT
745.60
733.30
1205.58
1188.12
2525.27
2478.13
483.70
474.35
546.83
539.22
MEDIA & ENTERTAINMENT
418.57
407.43
METALS
289.97
281.18

105.57
367.87

98.73
348.58

120.63

114.52

710.30
1164.03
2426.27
463.70
525.48

698.00
1146.57
2379.13
454.35
517.87

391.97

380.83

273.12

264.33

93.82
336.37

86.98
317.08

82.07
304.87

207.45

177.65

160.75

793.63
536.97
2935.73
1595.53
806.48

767.37
526.93
2790.52
1559.07
784.97

734.93
516.52
2714.73
1531.28
765.53

360.42
375.07
115.68

350.33
362.33
110.12

341.57
354.62
106.03

SERVICES
ADANIPORTS

254.15

224.35

AUROPHARMA
CIPLA

852.33
557.42
3156.73
1659.78
847.43

826.07
547.38
3011.52
1623.32
825.92

379.27
395.52
125.33

369.18
382.78
119.77

PHARMA

DRREDDY
LUPIN
SUNPHARMA

TELECOM
BHARTIARTL
INFRATEL
IDEA

Weekly Top gainers stocks

Script Symbol
Previous Close
HDFC
1088.45
GAIL
360.35
AUROPHARMA
759.95
ASIANPAINT
866.25
TATAPOWER
70.50

Current Price
1167.80
383.85
799.80
889.05
72.20

% Change
7.29%
6.52%
5.24%
2.63%
2.41%

In Points
79.35
23.50
39.85
22.80
2.41

Weekly Top losers stocks

Script Symbol
Previous Close
ADANIPORT
238.20
ICICIBANK
236.95
DRREDDY
3088.70
TATASTEEL
351.10
HINDALCO
96.35

Current Price
194.55
318.60
2866.30
329.30
91.90

% Change
-18.32%
-7.74%
-7.20%
-6.21%
-4.62%

In Points
-43.65
-18.35
-222.40
-21.80
-7.30

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

9 MAY TO 13 MAY 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

6/MAY/2016

2768.13

2740.42

27.71

5/MAY/2016

3721.95

4110.46

-388.51

4/MAY/2016

3705.95

3772.40

-66.45

3/MAY/2016

3598.55

4353.83

-755.28

2/MAY/2016

2977.66

2542.73

434.93

DATE

Buy Value

Sell Value

Net Value

6/MAY/2016

1154.35

974.55

179.8

5/MAY/2016

1397.92

1146.13

251.79

4/MAY/2016

1664.67

1743.47

-78.80

3/MAY/2016

1945.94

1461.30

484.64

2/MAY/2016

944.81

1054.37

-109.56

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

26/MAY/2016

CE

7800

272897

4113750

26/MAY/2016

CE

7900

212506

5128500

26/MAY/2016

CE

8000

205815

6585150

26/MAY/2016

PE

7700

188982

4443600

26/MAY/2016

PE

7600

180315

3427200

26/MAY/2016

PE

7500

142339

4431600

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

26/MAY/2016

CE

17000

48421

649500

26/MAY/2016

CE

16500

33483

276270

26/MAY/2016

CE

17500

23461

522390

26/MAY/2016

PE

16000

35604

429360

26/MAY/2016

PE

15500

24093

411990

26/MAY/2016

PE

15000

13106

181020

www.zoidresearch.com

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

9 MAY TO 13 MAY 16
Weekly Recommendations:
DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

7 MAY 16

TITAN

BUY ON DEEP

360-362

375-395

OPEN

30 APR 16

GLENMARK

BUY ON DEEP

828-825

862-900

OPEN
ST

1 TARGET
ACHIEVED
2ND TARGET
AT 57.85

22 APR 16

PFC

BUY ON DEEP

175-173

182-190

14 APR 16

RCOM

BUY ON DEEP

52.75-52.50

55-58

9 APR 16

AJANTPHARM

BUY ON DEEP

1460

1520-1580

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

BP AT 1500
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 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
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Email: info@zoidresearch.com
Website: www.zoidresearch.com
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ZOID RESEARCH TEAM