EQUITY TECHNICAL REPORT

WEEKLY
[31 OCT to 5 NOV 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

31 OCT TO 4 NOV 16

NIFTY 50 8638.00 (-55.05) (-0.64%)

This week markets open with a positive note.
Nifty traded between 8690 and 8748 even as
sharp buying was seen at 1 pm. Nifty managed
to close above its crucial psychological of 8700.
The Nifty closed with a gain of 16 points at
8709. On Tuesday, The Indian equity market
has opened in red due to Global cues are weak
as seen during overnight selling in US Index
S&P, which fell by 17 points from the high of
2149. The Nifty closed with a loss of 18 points at
8691. The Nifty opened at 8722 hitting a high of
8723 and low of 8663. On Wednesday, the Nifty
saw of profit booking where it tested the support
of 8600 before closing at 8615. The last day of
the October F&O expiry. And the Nifty closed
with a loss of 76 points at 8615. On Thursday,
the nifty closed at 8615 in the October series.
which was the same price at which the series
started. The new series has some major events
like the FOMC meet in the first week of
November and US presidential elections on
November 8. These events are expected to bring
in volatility in all global markets including India.
On Friday, the last Trading day of the week; the
nifty manages the support level of 8600. And the
support for Nifty stands at 8575-8600 and the
resistance stands at 8650. The narrow band
might continue as the Diwali holidays and
festive mood might lead to lower volumes. The
Nifty50 (spot) opened the week at 8709.85, made
a high of 8736.95 low of 8550.25 and closed the
week at 8638.00. Thus the Nifty closed the week
with a losing of -55.05 points or -0.64%.

Formations

The 20 days EMA are placed at 8670.46

The 5 days EMA are placed at 8643.64

The super trend [3,10] are placed at

8835.52

www.zoidresearch.com

Future Outlook:
The Nifty daily chart is bullish trend; we
advised to Nifty future buy on deep
around 8575-8550 target will be 86508750. The nifty future selling pressure
below 8500. Nifty upside weekly
Resistance is 8750-8825 level. On the
downside strong support 8550-8450
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

31 OCT TO 4 NOV 16

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50 (SPOT)

Resistance2

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

2925.17
23562.15
25986.47
3516.48
1368.20
6086.12
382.33
590.50

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1615.43
252.93
1002.93
4110.03

LT

1548.83

ASIANPAINT
HINDUNILVR
ITC

1195.27
873.23
251.77

BPCL
GAIL
NTPC
ONGC
POWERGRID
RELIANCE
TATAPOWER

696.85
459.87
157.65
306.50
182.53
1088.05
87.00

8733
8642
AUTOMOBILE
2886.63
2818.97
22726.60
22263.30
25003.23
24339.77
3434.17
3367.68
1340.00
1315.00
5981.13
5823.57
365.52
347.78
563.75
537.25
CEMENT & CEMENT PRODUCTS
1566.07
1537.33
247.17
243.78
984.12
968.18
4046.37
3968.18
CONSTRUCTION
1514.77
1485.93
CONSUMER GOODS
1132.58
1099.32
854.87
836.63
247.43
240.47
ENERGY
682.95
674.05
446.63
437.77
154.95
152.25
296.70
287.60
179.22
175.63
1071.50
1057.45
82.65
80.05

552.77
164.35
1306.05
1441.90
297.75
1251.27
850.78
269.87
1366.63

FINANCIAL SERVICES
519.83
498.57
160.30
156.35
1282.55
1253.35
1416.80
1367.90
287.30
281.15
1225.53
1198.32
835.07
806.28
263.93
258.97
1319.47
1280.78

AXISBANK
BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
SBIN
YESBANK
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8828

Resistance1

Pivot

Support 1

Support 2

8547

8455

2780.43
21427.75
23356.53
3285.37
1286.80
5718.58
330.97
510.50

2712.77
20964.45
22693.07
3218.88
1261.80
5561.02
313.23
484.00

1487.97
238.02
949.37
3904.52

1459.23
234.63
933.43
3826.33

1451.87

1423.03

1036.63
818.27
236.13

1003.37
800.03
229.17

660.15
424.53
149.55
277.80
172.32
1040.90
75.70

651.25
415.67
146.85
268.70
168.73
1026.85
73.10

465.63
152.30
1229.85
1342.80
270.70
1172.58
790.57
253.03
1233.62

444.37
148.35
1200.65
1293.90
264.55
1145.37
761.78
248.07
1194.93

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

31 OCT TO 4 NOV 16

BHEL

145.82

HCLTECH
INFY
TCS
TECHM
WIPRO

863.58
1060.67
2469.10
462.12
504.63

ZEEL

540.32

INDUSTRIAL MANUFACTURING
142.38
139.27

135.83

132.72

736.47
979.53
2364.50
417.53
447.47

709.78
961.57
2330.30
399.42
432.83

505.03

489.72

321.35
150.07
406.73

318.80
146.98
382.07

312.80
144.32
358.68

302.33

287.67

268.33

812.10
580.05
3277.28
1501.45
746.17

798.30
565.60
3154.67
1458.90
733.33

784.80
556.05
2945.88
1429.45
723.27

315.43
357.93
76.65

305.22
330.97
73.60

291.48
316.28
71.00

IT
813.37
1029.08
2433.90
448.88
483.37

786.68
1011.12
2399.70
430.77
468.73

MEDIA & ENTERTAINMENT

530.33
515.02
METALS

COALINDIA
HINDALCO
TATASTEEL

329.90
155.82
454.78

327.35
152.73
430.12
SERVICES

ADANIPORTS

336.33

321.67

AUROPHARMA
CIPLA
DRREDDY
LUPIN
SUNPHARMA

839.40
604.05
3608.68
1573.45
769.07

825.60
589.60
3486.07
1530.90
756.23

BHARTIARTL
INFRATEL
IDEA

339.38
399.58
82.30

329.17
372.62
79.25

PHARMA

TELECOM

Weekly Top gainers stocks

Script Symbol
Previous Close
DRREDDY
3113.60
ADANIPORT
285.75
KOTAKBANK
781.50
HDFC
1336.55
MARUTI
5650.20

Current Price
3363.45
307.00
819.35
1391.70
5876.15

% Change
8.02%
7.44%
4.84%
4.13%
4.00%

In Points
249.85
21.25
37.85
55.15
225.95

Weekly Top losers stocks

Script Symbol
Previous Close
HCLTECH
831.75
AXISBANK
526.10
WIPRO
499.20
ASIANPAINTS
1153.50
TATAPOWER
83.60

Current Price
763.15
486.90
462.10
1069.90
78.30

% Change
-8.25%
-7.45%
-7.43%
-7.25%
-6.34%

In Points
-68.60
-39.20
-37.10
-83.60
-5.30

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

31 OCT TO 4 NOV 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

28/OCT/2016

4634.23

5411.81

-777.58

27/OCT/2016

6198.80

6665.73

-469.93

26/OCT/2016

3905.18

5355.83

-1450.65

25/OCT/2016

3471.76

4078.10

-606.34

24/OCT/2016

3014.06

3339.19

-325.13

DATE

Buy Value

Sell Value

Net Value

28/OCT/2016

2926.42

1802.34

1124.08

27/OCT/2016

3291.89

2435.39

856.50

26/OCT/2016

2825.97

1836.51

989.46

25/OCT/2016

2104.76

1715.65

389.11

24/OCT/2016

2119.48

1786.22

333.26

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

24/NOV/2016

CE

8700

109548

2198850

24/NOV/2016

CE

8800

99371

2395200

24/NOV/2016

CE

9000

85247

3265650

24/NOV/2016

PE

8600

125406

3428025

24/NOV/2016

PE

8500

108853

4061250

24/NOV/2016

PE

8400

69408

2854950

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

03/NOV/2016

CE

19700

105524

302840

03/NOV/2016

CE

19600

90699

281800

03/NOV/2016

CE

19800

84493

346880

03/NOV/2016

PE

19400

91751

337400

03/NOV/2016

PE

19500

79203

466720

03/NOV/2016

PE

19300

74665

346200

www.zoidresearch.com

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

31 OCT TO 4 NOV 16
Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

28/OCT/16

VEDL

BUY ON DEEP

202-201

210-220

OPEN

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

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

1ST TARGET
ACHIEVED
ALL 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 wishing you and your family a

very Happy Diwali. May God fulfill all your
wishes in wealth, health & happiness in your
life."

www.zoidresearch.com

Zoid Research
Office 101, Shagun Tower
A.B. Commercial Road, Indore
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Mobile: +91 9039073611
Email: info@zoidresearch.com
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ZOID RESEARCH TEAM