EQUITY TECHNICAL REPORT

WEEKLY
[29 AUG to 2 SEP 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

29 AUG TO 2 SEP 16

NIFTY 50 8572.55 (-94.35) (-1.09%)

The week has started with a flat note nifty
close with a losing of 37 points at 8629 on
Monday. On Tuesday, the market ended
the session on a flat note, Nifty managed
to close above its critical psychological
level of 8600. On Wednesday, See-saw
movement was there in the market. The
market swung between gains and losses
and closed higher for the second
consecutive session. Volatility continued
ahead of expiry of August futures &
options contracts. On Thursday, F&O
Expiry day and the market had seen huge
volatility. Technically, Indian Stock Market
had entered into negative zone Nifty has
seen some strong support at 8600 levels.
On Friday, The market closed the first day
of the September F&O contracts lower as
investors await the commentary from U.S.
Fed on how aggressively it plans to raise
rates. The Nifty declined 0.2 percent to
8572. The Nifty ended below the support
level of 8600. The Nifty50 (spot) opened
the week at 8667, made a high of 8684.85
low of 8547.55 and closed the week at
8572.55. Thus the Nifty closed the week
with a losing of -94.35 points or -1.09%.
Formations

The 20 days EMA are placed at

8608.61
The 5 days EMA are placed at
8608.74

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Future Outlook:
The Nifty daily chart is consolidated; we
advised to if Nifty future trade above at
8685 than buy and target will be 8775. If
nifty future trade below 8550 than sell
target will be 8450. Nifty upside weekly
Resistance is 8650-8750 level. On the
downside strong support 8525-8450
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

29 AUG TO 2 SEP 16

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50 (SPOT)

Resistance2

BAJAJ-AUTO

2989.37
24757.12
22883.47
3399.55
1485.55
5060.17
350.78
531.05

BOSCHLTD
EICHERMOT
HEROMOTOCO
M&M
MARUTI
TATAMTRDVR
TATAMOTORS

8739

Resistance1

Pivot

8656
8602
AUTOMOBILE
2923.78
2884.42
24226.23
23763.12
22607.23
22077.27
3352.20
3318.60
1455.20
1431.60
4990.53
4895.27
340.17
327.08
517.40
501.70
CEMENT & CEMENT PRODUCTS
1681.88
1652.32
274.93
268.57

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1725.57
283.72

LT

1534.13

ASIANPAINT
HINDUNILVR
ITC

1154.00
946.70
258.53

BPCL
GAIL
NTPC
ONGC

624.78
397.63
172.87
247.33

4630.85
4552.60
3901.60
3828.80
CONSTRUCTION
1480.67
1450.53
CONSUMER GOODS
1138.65
1114.85
925.60
912.80
256.17
252.63
ENERGY
610.27
590.88
388.12
375.48
165.38
161.32
242.87
239.43

POWERGRID
RELIANCE
TATAPOWER

186.93
1047.03

183.87
1037.47

AXISBANK
BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
SBIN
YESBANK
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4728.25
3999.75

81.58

181.93
1021.23

Support 1

Support 2

8518

8464

2818.83
23232.23
21801.03
3271.25
1401.25
4825.63
316.47
488.05

2779.47
22769.12
21271.07
3237.65
1377.65
4730.37
303.38
472.35

1608.63
259.78

1579.07
253.42

4455.20
3730.65

4376.95
3657.85

1397.07

1366.93

1099.50
891.70
250.27

1075.70
878.90
246.73

576.37
365.97
153.83
234.97

556.98
353.33
149.77
231.53

178.87
1011.67

176.93
995.43

73.32

70.88

601.70
168.03

78.67
76.23
FINANCIAL SERVICES
594.05
586.35
163.17
160.38

578.70
155.52

571.00
152.73

1280.77
1409.45

1268.93
1387.90

1254.97
1368.45

1243.13
1346.90

1229.17
1327.45

259.57
1219.35

252.43
1191.45

247.82
1175.40

240.68
1147.50

236.07
1131.45

799.73

790.27

779.53

770.07

759.33

265.50
1364.60

256.05
1345.55

250.95
1332.30

241.50
1313.25

236.40
1300.00

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

29 AUG TO 2 SEP 16

BHEL

151.45

HCLTECH
INFY

WIPRO

822.92
1083.42
2636.78
482.05
534.00

ZEEL

535.33

COALINDIA
HINDALCO

341.53

TCS
TECHM

TATASTEEL

INDUSTRIAL MANUFACTURING
145.45
140.40
IT
800.83
782.92
1051.83
1030.47
2580.87
2549.03
471.00
463.45
512.00
500.00
MEDIA & ENTERTAINMENT
520.67
510.93
METALS
337.42
333.38

160.17
400.28

157.83
384.87

134.40

129.35

760.83
998.88
2493.12
452.40
478.00

742.92
977.52
2461.28
444.85
466.00

496.27

486.53

329.27

325.23

155.67
376.08

153.33
360.67

151.17
351.88

264.17

248.63

239.57

775.05
564.62
3033.80
1528.68
764.33

745.30
554.68
2989.60
1489.42
743.67

700.65
542.12
2938.80
1466.73
732.08

350.13
344.53
96.38

341.92
339.62
90.77

339.88
332.38
87.58

SERVICES
ADANIPORTS

288.77

273.23

AUROPHARMA
CIPLA

849.45
587.12
3128.80
1590.63
796.58

819.70
577.18
3084.60
1551.37
775.92

360.38
356.68
105.18

352.17
351.77
99.57

PHARMA

DRREDDY
LUPIN
SUNPHARMA

TELECOM
BHARTIARTL
INFRATEL
IDEA

Weekly Top gainers stocks

Script Symbol
Previous Close
GAIL
363.85
AUROPHARMA
765.05
EICHERMOT
21777.30
CIPLA
556.80
INFRATEL
342.35

Current Price
378.60
789.95
22331.00
567.25
346.85

% Change
4.05%
3.25%
2.54%
1.88%
1.31%

In Points
14.75
24.90
553.70
10.45
4.50

Weekly Top losers stocks

Script Symbol
Previous Close
WIPRO
520.10
TATASTEEL
392.15
ADANIPORT
273.05
NTPC
166.75
SBIN
258.50

Current Price
490.00
369.45
257.70
157.90
246.60

% Change
-5.79%
-5.79%
-5.62%
-5.31%
-4.60%

In Points
-30.10
-22.70
-15.35
-8.85
-11.90

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

29 AUG TO 2 SEP 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

25/AUG/2016

3110.76

2769.41

341.35

24/AUG/2016

5619.37

5991.45

-372.08

24/AUG/2016

3092.45

3131.75

-39.28

23/AUG/2016

3587.31

3587.50

-0.19

22/AUG/2016

3310.95

3611.45

-300.50

DATE

Buy Value

Sell Value

Net Value

25/AUG/2016

1734.67

2001.10

-266.43

24/AUG/2016

2996.01

3353.03

-357.02

24/AUG/2016

2186.71

2057.53

129.18

23/AUG/2016

1729.99

2181.86

-451.87

22/AUG/2016

1778.26

1725.76

52.5

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

29/SEP/2016

CE

8700

135404

3585600

29/SEP/2016

CE

8800

113435

3250200

29/SEP/2016

CE

8900

80052

2872875

29/SEP/2016

PE

8600

140913

3250350

29/SEP/2016

PE

8500

124932

4782600

29/SEP/2016

PE

8400

112768

4079700

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

01/SEP/2016

CE

19500

79555

380400

01/SEP/2016

CE

19400

64222

280400

01/SEP/2016

CE

19300

51040

140160

01/SEP/2016

PE

19000

81601

434280

01/SEP/2016

PE

19200

65219

233840

01/SEP/2016

PE

19100

59381

189560

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

29 AUG TO 2 SEP 16
Weekly Recommendations:
DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

27 AUG 16

DLF

SELL BELOW

159.50

153-146

13 AUG 16

HINDALCO

BUY ON DEEP

145-142

152-160

6 AUG 16

BHARATFORG

BUY ON DEEP

800-795

835-875

30 JULY 16

RELCAPITAL

BUY ON DEEP

440-442

458-480

23 JULY 16

ITC

BUY ABOVE

254

265-275

BOOK AT 262

16 JULY 16

JETAIRWAYS

SELL BELOW

555

530-505

EXIT AT 580

2 JULY 16

GAIL

BUY ON DEEP

390-392

406-422

EXIT AT 370

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

(OUR ALL TARGET

ACHIEVED BUT BUYING
LEVEL WAS NOT
EXECUTED)

1ST TARGET
ACHIEVED
ALL 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
452001
Mobile: +91 9039073611
Email: info@zoidresearch.com
Website: www.zoidresearch.com

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ZOID RESEARCH TEAM