EQUITY TECHNICAL REPORT

WEEKLY
[23 JAN to 27 JAN 2017]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

23 JAN TO 27 JAN 17

NIFTY 50 8349.35 (-51.00) (-0.61%)

The Nifty index opened negative note at 8391 and
made a day low of 8374 taking support of 8374
and follow the buying trend. Nifty managed to close
above the crucial level of 8400. On Tuesday, Nifty
continued its range bound movement. The Nifty
closed with a loss of 15 points at 8,398. The Nifty
opened at 8,415 hitting a high of 8,441 and low of
8,378. The stock market erased morning gains and
closed lower. On Wednesday, The Indian stock
market was trading in green, Nifty50 settled the
day above its 8400-mark, gaining 19 points. and
Nifty finally closed at 8417. Nifty holds 8400 in a
narrow trading range over past trading sessions.
On Thursday, markets closed range bound
session, Nifty is trading range bound at 8450-8400
and Nifty settled marginally higher, in the absence
of any major trigger. On Friday, The Nifty opened
at 8404; 30 points below Thursday closing of
8435.Thereafter the index made a high of 8423 but
could not sustain the same. Sharp selling was
observed around 1 P.M. when Nifty broke its range
low of 8373 and went on to make a low of 8341.
The new era of International politics has begun
with Donald Trump coming into power. In his
speech on Friday, US President Mr. Trump has
signaled warning signs for the world and has
pledged for the American People's growth. Next
week is going to be very crucial as the markets
would digest the Trump policies. The Nifty50 (spot)
opened the week at 8390.95, made a high of
8460.30 low of 8340.95 and closed the week at
8349.35. Thus the Nifty closed the week with a
losing of -51 points or -0.61%.

Formations

The 20 days EMA are placed at

8296.52

The 5 days EMA are placed at

8387.82

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Future Outlook:
The Nifty daily chart is consolidated
trend. If Nifty future trade below at 8300
than down side target will be 8200-8100.
If nifty future trade above 8450 than
upside target will be 8500-8550. Nifty
upside weekly Resistance is 8500-8425
level. On the downside strong support at
8300-8250
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

23 JAN TO 27 JAN 17

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50 (SPOT)

Resistance2

BAJAJ-AUTO
BOSCHLTD
EICHERMOT
HEROMOTOCO
M&M
MARUTI
TATAMTRDVR
TATAMOTORS

2770.02
22573.97
23081.42
3210.53
1241.68
5793.65
345.57
543.87

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1389.42
227.33
910.27
3665.28

LT

1489.58

ASIANPAINT
HINDUNILVR
ITC

1008.27
906.45
262.13

BPCL
GAIL
NTPC
ONGC
POWERGRID
RELIANCE
TATAPOWER

690.32
490.77
179.15
206.43
208.00
1117.93
80.62

8426
8383
AUTOMOBILE
2735.53
2708.52
21937.93
21463.97
22935.28
22555.17
3130.57
3078.58
1216.87
1201.98
5731.30
5686.65
336.63
330.57
533.53
525.27
CEMENT & CEMENT PRODUCTS
1357.93
1336.47
222.52
216.53
886.78
861.72
3568.47
3434.23
CONSTRUCTION
1452.17
1431.58
CONSUMER GOODS
987.73
957.32
883.45
852.95
258.77
252.93
ENERGY
677.53
663.92
475.43
455.82
174.80
171.90
201.87
197.43
203.70
199.40
1071.87
1047.88
79.08
78.12

507.18
165.08
1264.92
1277.37
275.58
1259.68
751.35
266.15
1416.90

FINANCIAL SERVICES
478.97
463.48
159.72
156.63
1250.63
1241.72
1257.33
1243.97
269.52
266.03
1239.97
1220.98
737.20
727.60
258.60
254.45
1387.80
1349.60

AXISBANK
BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
SBIN
YESBANK
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8503

Resistance1

Pivot

Support 1

Support 2

8307

8264

2674.03
20827.93
22409.03
2998.62
1177.17
5624.30
321.63
514.93

2647.02
20353.97
22028.92
2946.63
1162.28
5579.65
315.57
506.67

1304.98
211.72
838.23
3337.42

1283.52
205.73
813.17
3203.18

1394.17

1373.58

936.78
829.95
249.57

906.37
799.45
243.73

651.13
440.48
167.55
192.87
195.10
1001.82
76.58

637.52
420.87
164.65
188.43
190.80
977.83
75.62

435.27
151.27
1227.43
1223.93
259.97
1201.27
713.45
246.90
1320.50

419.78
148.18
1218.52
1210.57
256.48
1182.28
703.85
242.75
1282.30

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

23 JAN TO 27 JAN 17

BHEL

137.35

HCLTECH
INFY
TCS
TECHM
WIPRO

863.65
972.83
2343.12
505.55
492.90

ZEEL

496.75

INDUSTRIAL MANUFACTURING
133.20
130.40

126.25

123.45

826.55
941.32
2242.23
458.10
472.70

814.35
933.93
2199.12
447.55
467.50

458.70

450.25

308.38
173.10
455.92

297.77
167.85
441.83

291.83
164.05
429.17

290.17

277.38

270.62

707.95
581.45
2958.13
1477.87
645.48

685.10
569.50
2909.27
1442.73
636.07

672.15
561.40
2871.13
1420.12
630.58

319.68
353.98
70.32

311.87
348.07
68.03

303.18
342.93
64.57

IT
851.20
960.77
2314.23
487.10
485.40

839.00
953.38
2271.12
476.55
480.20

MEDIA & ENTERTAINMENT

481.95
473.50
METALS

COALINDIA
HINDALCO
TATASTEEL

324.93
182.15
482.67

314.32
176.90
468.58
SERVICES

ADANIPORTS

309.72

296.93

AUROPHARMA
CIPLA
DRREDDY
LUPIN
SUNPHARMA

743.75
601.50
3045.13
1535.62
660.38

720.90
589.55
2996.27
1500.48
650.97

BHARTIARTL
INFRATEL
IDEA

336.18
365.03
76.07

328.37
359.12
73.78

PHARMA

TELECOM

Weekly Top gainers stocks

Script Symbol
Previous Close
ULTRACEMCO
3319.70
HINDUNILVR
827.95
IDEA
68.80
ASIANPAINT
933.25
YESBANK
1318.05

Current Price
3471.65
860.45
71.50
967.20
1358.70

% Change
4.58%
3.93%
3.92%
3.64%
3.08%

In Points
151.95
32.50
2.70
33.95
40.65

Weekly Top losers stocks

Script Symbol
Previous Close
RELIANCE
1090.40
AXISBANK
472.80
TECHM
488.50
COALINDIA
315.00
ADANIPORT
294.05

Current Price
1025.80
450.75
468.65
303.70
284.15

% Change
-5.92%
-4.66%
-4.06%
-3.59%
-3.37%

In Points
-64.90
-22.05
-19.85
-11.30
-9.90

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

23 JAN TO 27 JAN 17
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

20/JAN/2017

4510.70

4537.04

-26.34

19/JAN/2017

4091.02

4223.28

-132.26

18/JAN/2017

4134.43

3815.29

319.14

17/JAN/2017

3448.66

3306.45

142.21

16/JAN/2017

2380.50

2727.75

-347.25

DATE

Buy Value

Sell Value

Net Value

20/JAN/2017

2364.10

2539.58

-175.48

19/JAN/2017

2544.60

2164.97

379.63

18/JAN/2017

2646.47

2401.44

245.03

17/JAN/2017

2096.26

2703.49

-607.23

16/JAN/2017

2270.61

2067.16

203.45

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

25/JAN/2017

CE

8400

379848

5656200

25/JAN/2017

CE

8500

309710

5061975

25/JAN/2017

CE

8600

153621

4412850

25/JAN/2017

PE

8400

357408

4381950

25/JAN/2017

PE

8300

303080

5814525

25/JAN/2017

PE

8200

190829

6112500

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

25/JAN/2017

CE

19200

140798

743800

25/JAN/2017

CE

19000

127930

1283280

25/JAN/2017

CE

19300

112565

571960

25/JAN/2017

PE

19000

123737

515960

25/JAN/2017

PE

18800

110971

334400

25/JAN/2017

PE

18900

100804

349920

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

23 JAN TO 27 JAN 17
Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

21 JAN 17

AMBUJACEM

BUY ON DEEP

216-218

226-236

OPEN

7 JAN 17

MOTHERSUMI

BUY ON DEEP

332-330

345-360

OPEN

31 DEC 16

VEDL

BUY AROUND

216

225-235

24 DEC 16

SUNPHARMA

BUY ABOVE

625

650-675

17 DEC 16

HDFCBANK

BUY ABOVE

1200

1250-1300

10 DEC 16

HINDALCO

BUY ON DEEP

182-180

189-200

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

ALL TARGET
ACHIEVED
1ST TARGET
ACHIEVED
1ST TARGET
ACHIEVED
EXIT AT 172
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

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