EQUITY TECHNICAL REPORT

WEEKLY
[22 MAY to 26 MAY 2017]

ZOID RESEARCH TEAM

 WEEKLY TECHNICAL REPORT

22 MAY TO 26 MAY 17

NIFTY 50 9427.90 (27.00) (0.29%)

The benchmark Index Nifty began on a
positive note The Nifty settled the day at
9445 level, 44 points higher on Monday.
On Tuesday, Continuing the record-
breaking spree market had a fantastic
session. The Nifty closes above 9500 for
the first time ever. The Nifty closed higher
by 66 points at 9512. On Wednesday, The
Indian benchmark index Nifty continued
to scale fresh highs and ended the day at
a fresh lifetime high of 9532.60 . The nifty
ended at record highs of 9525.75. On
Thursday, Indian benchmark index Nifty
gap down opened and erased all gains. On
Friday, Indian benchmark index Nifty had
a rather disappointing session ending at
nearly the same level where it had closed
on the previous day. The index formed a
pattern similar to the Spinning Top on
the daily chart and a 'Doji' on the weekly
chart. The nifty was closed at 9,427.90,
the index was off 77.85 points from the
days high of 9,505. The benchmark Index
Nifty50 (spot) opened the week at 9433.55
made a high of 9532.60 low of 9390.75
and closed the week at 9427.90. Thus the
Nifty closed the week with a gaining of
27.00 points or 0.29%.
Future Outlook:
Formations
The Nifty daily chart is bearish
The 20 days EMA are placed at trend. we advised to sell Nifty future
9361.73 below 9375 then target will be
The 5 days EMA are placed at 9200-9100. Nifty upside weekly
9446.00 Resistance is 9600-9525 level. On
the downside strong support at
9375-9300
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 WEEKLY TECHNICAL REPORT

22 MAY TO 26 MAY 17

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol Resistance2 Resistance1 Pivot Support 1 Support 2
NIFTY 50 (SPOT) 9592 9510 9450 9368 9309
AUTOMOBILE
BAJAJ-AUTO 3050.82 3011.73 2978.92 2939.83 2907.02
BOSCHLTD 25852.15 24424.80 23462.40 22035.05 21072.65
EICHERMOT 30081.35 29008.70 28382.35 27309.70 26683.35
HEROMOTOCO 3775.08 3673.37 3582.23 3480.52 3389.38
M&M 1407.67 1370.53 1349.52 1312.38 1291.37
MARUTI 7107.82 6949.18 6820.37 6661.73 6532.92
TATAMTRDVR 279.30 273.05 267.05 260.80 254.80
TATAMOTORS 464.38 453.87 441.98 431.47 419.58
CEMENT & CEMENT PRODUCTS
ACC 1768.80 1722.10 1693.30 1646.60 1617.80
AMBUJACEM 268.25 259.75 255.00 246.50 241.75
GRASIM 1214.48 1167.47 1133.73 1086.72 1052.98
ULTRACEMCO 4613.63 4487.12 4406.58 4280.07 4199.53
CONSTRUCTION
LT 1795.15 1759.85 1728.70 1693.40 1662.25
CONSUMER GOODS
ASIANPAINT 1188.25 1155.70 1127.25 1094.70 1066.25
HINDUNILVR 1049.97 1028.98 1001.77 980.78 953.57
ITC 305.93 296.07 285.78 275.92 265.63
ENERGY
BPCL 748.82 725.63 712.82 689.63 676.82
GAIL 424.35 412.70 404.35 392.70 384.35
NTPC 163.90 161.50 159.40 157.00 154.90
ONGC 191.65 185.85 182.50 176.70 173.35
POWERGRID 214.85 210.30 207.20 202.65 199.55
RELIANCE 1402.15 1360.50 1335.25 1293.60 1268.35
TATAPOWER 87.95 86.05 84.10 82.20 80.25
FINANCIAL SERVICES
AXISBANK 518.40 510.05 500.15 491.80 481.90
BANKBARODA 201.18 194.97 190.08 183.87 178.98
HDFCBANK 1585.45 1573.35 1557.80 1545.70 1530.15
HDFC 1593.43 1557.02 1536.18 1499.77 1478.93
ICICIBANK 320.68 313.87 306.03 299.22 291.38
INDUSINDBK 1467.48 1428.37 1409.18 1370.07 1350.88
KOTAKBANK 997.65 967.50 951.30 921.15 904.95
SBIN 324.73 316.37 306.93 298.57 289.13
YESBANK 1556.03 1493.07 1443.03 1380.07 1330.03

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 WEEKLY TECHNICAL REPORT

22 MAY TO 26 MAY 17

INDUSTRIAL MANUFACTURING
BHEL 178.42 171.23 166.67 159.48 154.92
IT
HCLTECH 883.10 863.90 853.05 833.85 823.00
INFY 989.28 973.62 958.23 942.57 927.18
TCS 2704.22 2606.03 2473.82 2375.63 2243.42
TECHM 458.45 437.30 425.75 404.60 393.05
WIPRO 542.62 531.18 516.42 504.98 490.22
MEDIA & ENTERTAINMENT
ZEEL 542.03 527.02 516.58 501.57 491.13
METALS
COALINDIA 286.95 281.60 278.30 272.95 269.65
HINDALCO 206.80 198.90 192.45 184.55 178.10
TATASTEEL 536.63 513.07 475.43 451.87 414.23
SERVICES
ADANIPORTS 368.02 358.73 350.47 341.18 332.92
PHARMA
AUROPHARMA 638.33 616.82 605.18 583.67 572.03
CIPLA 580.38 572.67 564.73 557.02 549.08
DRREDDY 2837.48 2746.97 2669.48 2578.97 2501.48
LUPIN 1367.87 1343.03 1297.52 1272.68 1227.17
SUNPHARMA 664.68 658.92 651.18 645.42 637.68
TELECOM
BHARTIARTL 392.12 382.43 371.92 362.23 351.72
INFRATEL 409.22 394.08 381.37 366.23 353.52
IDEA 97.40 92.65 88.60 83.85 79.80

Weekly Top gainers stocks

Script Symbol Previous Close Current Price % Change In Points
TATASTEEL 436.70 490.05 12.22% 53.35
TCS 2360.65 2510.10 6.33% 149.45
LUPIN 1253.95 1319.90 5.26% 65.95
ITC 274.95 287.00 4.38% 12.05
SBIN 297.90 308.30 3.49% 10.40

Weekly Top losers stocks

Script Symbol Previous Close Current Price % Change In Points
TECHM 442.25 416.25 -5.25% -26.00
AUROPHARMA 623.70 595.10 -4.59% -28.60
EICHERMOT 29178.35 27930.05 -4.28% -1248.30
BPCL 733.15 702.10 -4.24% -31.05
YESBANK 1483.10 1429.50 -3.61% -53.60

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 WEEKLY TECHNICAL REPORT

22 MAY TO 26 MAY 17

Weekly FIIS Statistics*

DATE Buy Value Sell Value Net Value

19/MAY/2017 4715.86 5704.56 -988.70
18/MAY/2017 5819.84 6180.43 -360.59
17/MAY/2017 6286.61 7018.00 -731.39
16/MAY/2017 5578.03 4719.74 858.29
15/MAY/2017 4613.57 4378.24 235.33

Weekly DIIS Statistics*

DATE Buy Value Sell Value Net Value

19/MAY/2017 3344.67 2995.46 349.21
18/MAY/2017 3714.44 2816.48 897.96
17/MAY/2017 3386.31 2771.80 614.51
16/MAY/2017 2644.79 3046.68 -401.89
15/MAY/2017 2187.18 2252.95 -65.77

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

25/MAY/2017 CE 9500 622235 6675525
25/MAY/2017 CE 9600 358387 5071050
25/MAY/2017 CE 9400 277624 3804525
25/MAY/2017 PE 9400 607379 5956425
25/MAY/2017 PE 9300 396385 7028550
25/MAY/2017 PE 9500 360148 2814225

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

25/MAY/2017 CE 23000 198071 1361680
25/MAY/2017 CE 22900 171187 439280
25/MAY/2017 CE 22800 138052 379560
25/MAY/2017 PE 22500 160971 1008920
25/MAY/2017 PE 22700 133883 403960
25/MAY/2017 PE 22600 126741 288600

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 WEEKLY TECHNICAL REPORT

22 MAY TO 26 MAY 17

Weekly Recommendations:-

DATE SYMBOL STRATEGY ENTRY TARGET STATUS

20 MAY 17 BHARTIARTL BUY AROUND 372 388-402 OPEN

13 MAY 17 AXISBANK SELL BELOW 500 480-450 OPEN

1ST TARGET
6 MAY 17 VOLTAS BUY ON DEEP 422 439-456
ACHIEVED
1ST TARGET
29 APR 17 IDFC BUY ON DEEP 62 65-68
ACHIEVED
1ST TARGET
22 APR 17 RELIANCE BUY ON DEEP 1400 1455-1525
ACHIEVED
BOOK AT
14 APR 17 TATAELXSI BUY ABOVE 1550 1612-1675
1603
1ST TARGET
8 APR 17 AXISBANK BUY ON DEEP 505-503 525-560
ACHIEVED
1ST TARGET
1 APR 17 ACC BUY ON DEEP 1440 1498-1558
ACHIEVED
25 MAR 17 COALINDIA BUY ON DEEP 295-290 307-320 EXIT AT 282.7

18 MAR 17 AUROPHARMA BUY ON DEEP 698 727-760 EXIT AT 670

11 MAR 17 SUNTV BUY ABOVE 745 775-805 BOOK AT 770

ALLTARGET
4 MAR 17 APOLLOTYRE BUY ON DEEP 182-183 190-198
ACHIEVED
1ST TARGET
25 FEB 17 HEXAWARE BUY ON DEEP 221-220 229-240
ACHIEVED
1ST TARGET
18 FEB 17 SIEMENS BUY ON DEEP 1212-1205 1260-1315
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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