EQUITY TECHNICAL REPORT

WEEKLY
[21 NOV to 25 NOV 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

21 NOV TO 25 NOV 16

NIFTY 50 8074.10 (-222.20) (-2.68%)

This week markets open with a bearish
note. The whole market was in the
favor of bears only. Strong selling
pressure was there in the market. The
stock market continued its downfall
after a three day break. The Nifty
closed with a loss of 188 points at
8108 on Tuesday. On Wednesday, after
a gap up opening, the market fell and
could not sustain above 8200 levels.
Nifty fell by 130 points from its high of
8225 to make a low of 8095. The Nifty
raised merely 3 points higher and close
at 8111. On Thursday, See-saw
movement was there in the market
today. The market fluctuates between
gains and losses tracking weak trade in
Asian markets. On Friday, last day of
the week The Nifty closed with a loss of
5 points at 8074. It opened at 8097.55,
hit an intra-day high of 8128.95 and
low of 8048.30. The Nifty50 (spot)
opened the week at 8284.85, made a
high of 8588.55 low of 8048.30 and
closed the week at 8074.10. Thus the
Nifty closed the week with a losing of 222.20 points or -2.68%.
Formations

The 20 days EMA are placed at

8432.57

The 5 days EMA are placed at

8196.11

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Future Outlook:
The Nifty daily chart is consolidating
trend; we advised to if Nifty future Buy
above 8150 target will be 8300-8400.
Or if nifty future sell below 8000. Nifty
upside weekly Resistance is 8250-8400
level. On the downside strong support
8000-7900
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

21 NOV TO 25 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

2738.03
20671.88
23489.63
3098.80
1338.25
5271.43
336.42
503.62

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1485.17
242.37
940.77
3767.60

LT

1432.82

ASIANPAINT
HINDUNILVR
ITC

1018.00
833.45
253.75

BPCL
GAIL
NTPC
ONGC
POWERGRID
RELIANCE
TATAPOWER

681.48
457.67
167.02
293.97
204.15
1012.90
74.35

8225
8137
AUTOMOBILE
2656.42
2583.38
19949.37
19427.48
22640.97
21085.48
3017.10
2933.30
1289.05
1229.15
5111.17
4958.78
317.63
302.07
487.43
468.72
CEMENT & CEMENT PRODUCTS
1397.43
1344.22
220.58
206.22
879.68
838.97
3580.20
3427.60
CONSTRUCTION
1401.63
1376.32
CONSUMER GOODS
963.10
916.05
818.15
800.70
240.80
233.95
ENERGY
662.02
641.58
442.33
431.47
163.03
156.02
284.53
277.02
198.05
190.30
1000.20
987.30
72.20
70.40

515.08
188.05
1316.33
1310.00
287.73
1249.82
840.35
291.20
1261.88

FINANCIAL SERVICES
494.27
482.18
182.50
174.05
1263.87
1236.53
1279.90
1240.45
276.17
269.23
1175.73
1125.87
809.80
787.95
283.50
277.10
1221.32
1177.43

AXISBANK
BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
SBIN
YESBANK
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8377

Resistance1

Pivot

Support 1

Support 2

7985

7897

2501.77
18704.97
20236.82
2851.60
1179.95
4798.52
283.28
452.53

2428.73
18183.08
18681.33
2767.80
1120.05
4646.13
267.72
433.82

1256.48
184.43
777.88
3240.20

1203.27
170.07
737.17
3087.60

1345.13

1319.82

861.15
785.40
221.00

814.10
767.95
214.15

622.12
416.13
152.03
267.58
184.20
974.60
68.25

601.68
405.27
145.02
260.07
176.45
961.70
66.45

461.37
168.50
1184.07
1210.35
257.67
1051.78
757.40
269.40
1136.87

449.28
160.05
1156.73
1170.90
250.73
1001.92
735.55
263.00
1092.98

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

21 NOV TO 25 NOV 16

BHEL

141.60

HCLTECH
INFY
TCS
TECHM
WIPRO

814.55
976.77
2217.17
470.23
463.32

ZEEL

507.28

INDUSTRIAL MANUFACTURING
137.95
134.50

130.85

127.40

737.25
900.08
2065.48
430.07
428.33

710.65
880.17
2005.87
414.83
419.52

429.37

412.08

312.55
169.07
394.65

296.15
157.48
371.30

285.60
149.62
357.50

266.47

252.23

242.57

737.13
548.13
3237.30
1424.85
684.80

683.27
531.42
3119.65
1383.55
664.05

644.13
511.88
3024.45
1349.35
639.25

304.45
357.35
71.00

293.30
341.70
69.20

282.85
331.50
67.30

IT
789.20
948.38
2171.13
457.77
450.23

762.60
928.47
2111.52
442.53
441.42

MEDIA & ENTERTAINMENT

476.97
459.68
METALS

COALINDIA
HINDALCO
TATASTEEL

339.50
188.52
431.80

323.10
176.93
408.45
SERVICES

ADANIPORTS

290.37

276.13

AUROPHARMA
CIPLA
DRREDDY
LUPIN
SUNPHARMA

830.13
584.38
3450.15
1500.35
730.35

776.27
567.67
3332.50
1459.05
709.60

BHARTIARTL
INFRATEL
IDEA

326.05
383.20
74.70

314.90
367.55
72.90

PHARMA

TELECOM

Weekly Top gainers stocks

Script Symbol
Previous Close
BANKBARODA
160.50
NTPC
151.70
POWERGRID
183.10
TECHM
429.40
IDEA
69.95

Current Price
176.95
159.05
191.95
445.30
71.10

% Change
10.25%
4.85%
4.83%
3.70%
1.64%

In Points
16.45
7.35
8.85
15.90
1.15

Weekly Top losers stocks

Script Symbol
Previous Close
TATASTEEL
426.50
AMBUJACEM
219.55
GRASIM
899.00
INDUSINDBK
1192.35
ZEEL
482.15

Current Price
385.10
198.80
818.60
1101.65
446.65

% Change
-9.71%
-9.45%
-8.94%
-7.61%
-7.36%

In Points
-41.40
-20.75
80.40
-90.70
-35.50

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

21 NOV TO 25 NOV 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

18/NOV/2016

4112.43

5038.75

-926.32

17/NOV/2016

4577.69

5561.62

-983.93

16/NOV/2016

7341.61

9298.65

-1957.04

15/NOV/2016

8957.98

11311.80

-2353.82

DATE

Buy Value

Sell Value

Net Value

18/NOV/2016

2641.10

1497.66

1143.44

17/NOV/2016

2789.11

1644.96

1144.15

16/NOV/2016

4887.66

2543.35

2344.31

15/NOV/2016

4810.16

4914.99

-104.83

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

24/NOV/2016

CE

8200

336660

5623875

24/NOV/2016

CE

8100

304647

3188775

24/NOV/2016

CE

8300

245791

5256825

24/NOV/2016

PE

8000

340660

5859525

24/NOV/2016

PE

8100

294185

3102150

24/NOV/2016

PE

7900

188968

2748150

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

24/NOV/2016

CE

19500

124233

816400

24/NOV/2016

CE

19300

54488

189840

24/NOV/2016

CE

20000

53957

934040

24/NOV/2016

PE

19000

69186

876240

24/NOV/2016

PE

18500

65365

678640

24/NOV/2016

PE

18800

44094

110960

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

21 NOV TO 25 NOV 16
Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

19 NOV 16

BANKBARODA

BUY AROUND

177

184-192

STATUS
OPEN
ST

12 NOV 16

CANBK

BUY ON DEEP

310-311

323-337

1 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

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

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
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Email: info@zoidresearch.com
Website: www.zoidresearch.com

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ZOID RESEARCH TEAM