EQUITY TECHNICAL REPORT

WEEKLY
[12 DEC to 16 DEC 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

12 DEC TO 16 DEC 16

NIFTY 50 8261.75 (174.95) (2.16%)

This week markets open with a positive note. Nifty
open at 8088.75 and made a low at 8056.85 Nifty
rose sharply by 85 points from there to make a high
of 8141.90 and finally closed at 8128.75 on Monday.
On Tuesday, The NSE Nifty ended Tuesday's session
on a positive note, but failed to hold 8150 intraday
support level and made a low at 8130.85. Nifty
sharply fell by 51 points from its high to make a low
of 8157 and finally closed at 8165. On Wednesday,
the market has ended in red. The Nifty down 41
points at 8102. Banks were knocked off after Reserve
Bank of India, in a surprise move; Mr. Urjit Patel kept
key interest rates unchanged. The Bank index lost
over 1% at closing. The RBI surprised everyone in its
first monetary policy review after notes ban keeping
its repo rate unchanged at 6.25%. On Thursday, nifty
is opening at 8280 almost 52 point gap up on strong
Global cues. Index Nifty saw smart buying after a gap
up opening. The Nifty Bull Run continues, supporting
this is the upwards run by associating indices. We
had recommended in last week research report
(see our weekly report 5 Nov to 9 Nov 2016) (we
advised to Nifty future Buy on deeps 8100-8050
target will be 8200-8300). Our 2nd target almost
achieved on 09 Nov Nifty future made a low at
8294. On Friday, the last Trading day of the week;
the market ended higher, recording their biggest
weekly gain in more than three months. Monday
through Friday, The Nifty rose by 175 points around.
This upside rally was contributed by strong
fundamentals of the Indian economy, accompanied
with strong International markets. The Nifty50 (spot)
opened the week at 8088.75, made a high of 8274.95
low of 8056.85 and closed the week at 8261.75. Thus
the Nifty closed the week with a gaining of 175.95
points or 2.16%.

Formations

The 20 days EMA are placed at

8200.21

The 5 days EMA are placed at

8197.51

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Future Outlook:
The Nifty daily chart is bullish trend; we
advised to Nifty future Buy on deeps
8200-8150 target will be 8350-8425.
The Nifty future selling pressure below
8000. Nifty upside weekly Resistance is
8340-8420 level. On the downside
strong support at 8125-8000
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

12 DEC TO 16 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

2834.85
21865.55
24294.78
3435.72
1254.78
5471.63
325.55
493.90

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1427.18
225.42
923.28
3712.65

LT

1389.00

ASIANPAINT
HINDUNILVR
ITC

989.02
862.22
247.18

BPCL
GAIL
NTPC
ONGC
POWERGRID
RELIANCE
TATAPOWER

668.58
442.65
168.72
319.87
189.72
1061.12
81.18

8339
8198
AUTOMOBILE
2777.50
2731.90
21302.30
20736.75
23569.57
22974.83
3356.53
3253.82
1221.57
1185.78
5353.32
5194.18
314.70
298.90
479.00
453.65
CEMENT & CEMENT PRODUCTS
1403.17
1360.98
220.73
212.52
900.82
876.53
3640.80
3596.15
CONSTRUCTION
1375.60
1362.35
CONSUMER GOODS
965.38
930.32
853.63
842.82
241.67
234.08
ENERGY
651.62
624.88
436.00
430.05
166.38
163.47
313.33
301.27
187.08
183.97
1045.03
1015.77
79.12
75.93

477.57
169.08
1229.30
1360.65
281.88
1158.68
769.75
277.38
1272.55

FINANCIAL SERVICES
466.98
454.12
165.57
161.08
1213.80
1190.40
1314.45
1248.80
275.17
263.08
1135.77
1094.03
757.50
740.25
272.02
261.83
1246.15
1198.60

AXISBANK
BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
SBIN
YESBANK
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8416

Resistance1

Pivot

Support 1

Support 2

8121

7979

2674.55
20173.50
22249.62
3174.63
1152.57
5075.87
288.05
438.75

2628.95
19607.95
21654.88
3071.92
1116.78
4916.73
272.25
413.40

1336.97
207.83
854.07
3524.30

1294.78
199.62
829.78
3479.65

1348.95

1335.70

906.68
834.23
228.57

871.62
823.42
220.98

607.92
423.40
161.13
294.73
181.33
999.68
73.87

581.18
417.45
158.22
282.67
178.22
970.42
70.68

443.53
157.57
1174.90
1202.60
256.37
1071.12
728.00
256.47
1172.20

430.67
153.08
1151.50
1136.95
244.28
1029.38
710.75
246.28
1124.65

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

12 DEC TO 16 DEC 16

BHEL

133.22

HCLTECH
INFY
TCS
TECHM
WIPRO

828.23
1035.32
2285.12
490.20
468.50

ZEEL

485.02

INDUSTRIAL MANUFACTURING
131.13
128.37

126.28

123.52

780.97
962.18
2147.98
458.10
452.45

758.63
935.02
2100.72
444.50
446.80

439.03

418.02

307.33
177.78
423.48

301.02
172.12
411.62

295.58
162.13
392.68

280.22

269.13

252.62

724.73
578.10
3182.17
1518.25
685.62

714.12
570.20
3122.78
1488.50
646.23

704.33
561.50
3059.17
1465.45
619.47

328.98
369.95
75.30

320.52
343.85
73.20

309.03
329.70
69.60

IT
815.77
1012.33
2240.18
480.95
463.30

793.43
985.17
2192.92
467.35
457.65

MEDIA & ENTERTAINMENT

472.53
451.52
METALS

COALINDIA
HINDALCO
TATASTEEL

319.08
193.43
454.28

312.77
187.77
442.42
SERVICES

ADANIPORTS

307.82

296.73

AUROPHARMA
CIPLA
DRREDDY
LUPIN
SUNPHARMA

745.13
594.70
3305.17
1571.05
751.77

734.52
586.80
3245.78
1541.30
712.38

BHARTIARTL
INFRATEL
IDEA

348.93
410.20
81.00

340.47
384.10
78.90

PHARMA

TELECOM

Weekly Top gainers stocks

Script Symbol
Previous Close
HINDALCO
168.75
ADANIPORT
265.90
TATAMOTORS
432.90
YESBANK
1150.15
TATASTEEL
406.40

Current Price
182.10
285.65
464.10
1219.75
430.55

% Change
7.91%
7.43%
7.21%
6.05%
5.94%

In Points
13.35
19.75
31.20
69.60
24.15

Weekly Top losers stocks

Script Symbol
Previous Close
INFRATEL
385.90
SUNPHARMA
720.35
TCS
2221.85
GAIL
432.90
AXISBANK
459.95

Current Price
358.00
673.00
2195.25
429.35
456.40

% Change
-7.23%
-6.57%
-1.20%
-0.82%
-0.77%

In Points
-27.90
-47.35
-26.60
-3.55
-3.55

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

12 DEC TO 16 DEC 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

09/DEC/2016

3662.72

3462.20

200.52

08/DEC/2016

4322.71

3623.85

698.86

07/DEC/2016

3941.02

3747.36

193.66

06/DEC/2016

3109.03

2947.23

161.80

05/DEC/2016

3332.96

3650.81

-317.85

DATE

Buy Value

Sell Value

Net Value

09/DEC/2016

1608.44

1318.87

289.57

08/DEC/2016

1606.08

1541.76

64.32

07/DEC/2016

1731.59

1787.87

-56.28

06/DEC/2016

1162.70

1327.38

-164.68

05/DEC/2016

1381.33

1217.69

163.64

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

29/DEC/2016

CE

8300

154389

4869900

29/DEC/2016

CE

8400

121150

4304025

29/DEC/2016

CE

8500

91334

4249125

29/DEC/2016

PE

8200

157319

4435500

29/DEC/2016

PE

8000

120137

8288100

29/DEC/2016

PE

8100

121241

4225725

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

15/DEC/2016

CE

19000

81234

268480

15/DEC/2016

CE

18800

60098

115680

15/DEC/2016

CE

18700

51470

126880

15/DEC/2016

PE

18000

59946

363240

15/DEC/2016

PE

18500

45563

210960

15/DEC/2016

PE

18200

41357

177800

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

12 DEC TO 16 DEC 16
Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

10 DEC 16

HINDALCO

BUY ON DEEP

182-180

189-200

STATUS
OPEN
ST

1 TARGET
ACHIEVED
1ST TARGET
ACHIEVED

3 DEC 16

ONGC

BUY ON DEEP

288-290

300-315

26 NOV 16

VEDL

BUY ON DEEP

223-220

232-242

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

13 AUG 16

HINDALCO

BUY ON DEEP

145-142

152-160

(OUR ALL TARGET

ACHIEVED BUT BUYING
LEVEL WAS NOT
EXECUTED)

6 AUG 16

BHARATFORG

BUY ON DEEP

800-795

835-875

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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