EQUITY TECHNICAL REPORT

WEEKLY
[8 MAR to 11 MAR 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 MAR TO 11 MAR 16

NIFTY 50 7485.35 (455.60) (6.48%)

Markets ended lower on Monday amid a
volatile trading session after weak global
cues offset a Budget that maintained the
path to fiscal prudence and growth while
higher allocations to the rural sector
sought to boost incomes of the poor and
the underprivileged. Union Budget 2016
failed to cheer the market, the Nifty 50
closes -0.61 %, or -42 points, lower at
6987 on Monday in a volatile trade.
Finance minister Mr. Arun Jaitley Union
Budget announcements, particularly with
respect to taxing of dividend income in the
hands of high net-worth individuals
(HNIs). The governments pledge to retain
fiscal deficit target at 3.5 % of GDP for
2016-17 spurred optimism that the
Reserve Bank of India (RBI) may lower
interest rates. After Budget 2016, nifty 50
ended its bearish trend and came in
bullish trend. And the remaining trading
session of the nifty continues followed the
buying trend. On Friday nifty made a
strong resistance at 7500, nifty continues
in buying traded, our recommendation is
BUY NIFTY FUTURE ON DEEP AT 74007420 TARGET 7500-7575 SL 7320. The
nifty ended; concluded week with a gain of
(6.48%) or (455.60) over the previous
weeks closing.

Formations

The 20 days EMA are placed at

7265.01
The 5 days EMA are placed at
7345.46

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Future Outlook:
The Nifty daily chart is bullish; Nifty is
trading around 7400 than next level 7500.

Nifty selling pressure near at 7000;

Upside weekly Resistance is 7700-7900
level. The Nifty weekly strong support is
7050-6600
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 MAR TO 11 MAR 16

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50

Resistance2

BAJAJ-AUTO
BOSCHLTD
HEROMOTOCO
M&M
MARUTI
TATAMOTORS

2419.58
18074.78
3109.88
1318.62
3918.87
386.00

7952

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1310.18
211.73
3710.60
3188.93

LT

1340.97

ASIANPAINT
HINDUNILVR
ITC

922.87
878.98
371.60

BPCL
CAIRN
GAIL
NTPC
ONGC
POWERGRID
RELIANCE
TATAPOWER

868.93
144.02
385.27
135.32
236.00
145.55
1069.47
62.12

AXISBANK

448.02
167.70
1088.05
1209.37
251.57
999.03
724.52
93.27
213.93
836.78

BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
PNB
SBIN
YESBANK
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Resistance1

Pivot

7719
7272
AUTOMOBILE
2362.92
2267.43
17666.47
17021.68
2972.87
2721.98
1267.48
1228.57
3736.98
3465.12
364.75
327.50
CEMENT & CEMENT PRODUCTS
1274.77
1224.38
207.07
196.03
3612.95
3433.25
3047.92
2868.98
CONSTRUCTION
1267.08
1160.07
CONSUMER GOODS
894.33
867.97
863.87
840.98
343.40
305.70
ENERGY
842.07
791.03
136.08
124.77
363.13
326.72
130.68
124.22
218.35
203.45
142.10
135.70
1037.93
986.47
60.68
58.47
FINANCIAL SERVICES
432.03
403.02
158.30
142.70
1054.30
991.15
1169.18
1095.62
236.03
208.87
957.47
879.73
695.08
640.42
88.13
79.32
201.17
177.08
797.92
730.63

Support 1

Support 2

7039

6592

2210.77
16613.37
2584.97
1177.43
3283.23
306.25

2115.28
15968.58
2334.08
1138.52
3011.37
269.00

1188.97
191.37
3335.60
2727.97

1138.58
180.33
3155.90
2549.03

1086.18

979.17

839.43
825.87
277.50

813.07
802.98
239.80

764.17
116.83
304.58
119.58
185.80
132.25
954.93
57.03

713.13
105.52
268.17
113.12
170.90
125.85
903.47
54.82

387.03
133.30
957.40
1055.43
193.33
838.17
610.98
74.18
164.32
691.77

358.02
117.70
894.25
981.87
166.17
760.43
556.32
65.37
140.23
624.48

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 MAR TO 11 MAR 16

BHEL

120.03

HCLTECH
INFY
TCS
TECHM
WIPRO

903.60
1268.48
2563.85
497.48
571.65

ZEEL

428.55

INDUSTRIAL MANUFACTURING
113.82
101.98

95.77

83.93

798.15
1095.02
2184.70
417.77
513.75

760.90
1019.38
2011.85
384.28
490.55

372.05

347.95

319.63
76.00
82.42
274.95

311.77
70.10
74.68
258.70

298.38
60.80
61.97
228.85

216.80

204.15

183.15

529.43
3171.60
1764.73
856.83

513.27
3060.20
1710.47
833.67

488.83
2867.65
1640.73
810.53

325.38
106.05

314.12
102.40

298.98
99.15

IT
869.50
1219.57
2460.70
474.37
554.30

832.25
1143.93
2287.85
440.88
531.10

MEDIA & ENTERTAINMENT

412.35
388.25
METALS

COALINDIA
HINDALCO
VEDL
TATASTEEL

340.88
91.20
102.87
321.05

333.02
85.30
95.13
304.80
SERVICES

ADANIPORTS

250.45

237.80

CIPLA
DRREDDY
LUPIN
SUNPHARMA

570.03
3475.55
1888.73
903.13

553.87
3364.15
1834.47
879.97

BHARTIARTL
IDEA

351.78
112.95

340.52
109.30

PHARMA

TELECOM

Weekly Top gainers stocks

Script Symbol
VEDL
SBIN
ICICIBANK
TATASTEEL
PNB

Previous Close
71.80
155.90
184.80
248.45
72.50

Current Price
87.40
188.40
220.50
288.55
83.00

% Change
21.73%
20.85%
19.32%
16.14%
14.48%

In Points
15.60
32.50
35.70
40.10
10.50

Current Price
200.70
856.80
1216.35
848.75
NA

% Change
-7.10%
-1.73%
-1.11%
-0.14%
NA

In Points
-15.35
-15.10
-13.70
-1.15
NA

Weekly Top losers stocks

Script Symbol
ONGC
SUNPHARMA
M&M
HINDUNILVR
NA
www.zoidresearch.com

Previous Close
216.05
871.90
1230.05
849.90
NA

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 MAR TO 11 MAR 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

4/MAR/2016

4231.60

3560.03

671.57

3/MAR/2016

4363.82

3451.84

911.98

2/MAR/2016

5877.60

4440.10

1437.50

1/MAR/2016

7504.37

4591.78

2912.59

29/FEB/2016

8321.45

10339.40

-2018.02

DATE

Buy Value

Sell Value

Net Value

4/MAR/2016

1393.43

1926.53

-533.10

3/MAR/2016

1845.35

2310.10

-464.75

2/MAR/2016

2024.92

2618.59

-593.67

1/MAR/2016

2203.55

3038.14

-834.59

29/FEB/2016

2856.36

1411.11

1445.25

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

23/MAR/2016

CE

7500

256099

5933775

23/MAR/2016

CE

7600

223421

4617900

23/MAR/2016

CE

7700

182747

4625550

23/MAR/2016

PE

7200

191364

5656200

23/MAR/2016

PE

7300

185468

4239825

23/MAR/2016

PE

7400

179528

3568350

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

23/MAR/2016

CE

16000

79082

569670

23/MAR/2016

CE

15500

67266

486390

23/MAR/2016

CE

16500

43030

261510

23/MAR/2016

PE

14500

59942

440610

23/MAR/2016

PE

14000

47771

451920

23/MAR/2016

PE

15000

45036

374460

www.zoidresearch.com

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

8 MAR TO 11 MAR 16
Weekly Recommendations:
DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

5 MAR 16

SBIN

BUY ON DEEP

180-178

187-199

OPEN

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

23 JAN 16

CENTURYTEX

BUY ON DEEP

520-517

545-570

EXIT AT 500

16 JAN 16

ASIANPAINT

BUY ON DEEP

880-875

915-955

BP AT 907

9 JAN 16

DLF

SELL BELOW

107

102

26 DEC 15

VEDL

BUY ON DEEP

92

95.50

19 DEC 15

CROMPGREAV

BUY ON DEEP

188-187

194-202

28 NOV 15

ZEEL

BUY ON DEEP

410

425-444

21 NOV 15

BHARTIARTL

BUY ON DEEP

340

352

EXIT AT 324

14 NOV 15

AXISBANK

BUY ON DEEP

485-487

505

EXIT AT 465

31 OCT 15

YESBANK

BUY ON DEEP

755-760

785

TARGET
ACHIEVED

ALL TARGET
ACHIEVED
ALL TARGET
ACHIEVED
1ST TARGET
ACHIEVED
1ST TARGET
ACHIEVED

TARGET
ACHIEVED
TARGET
ACHIEVED
ALL 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