EQUITY TECHNICAL REPORT

WEEKLY
[28 NOV to 2 DEC 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

28 NOV TO 2 DEC 16

NIFTY 50 8114.30 (40.20) (0.50%)

The proceedings for the week began
Volatility were witnessed there in the market
on the first day of expiry week. The market
fell down and nifty traded below 8000 made
a low at 7916.40 on Monday. On Tuesday,
Market was still volatile. The only positive is
that it was still in the green zone. Nifty takes
support at 7925 to close above 8000. We
saw pullback rally in the last hour of the
trading session. On Wednesday, The Nifty
has taken strong support 7925 to close at
8033. On Thursday, The Nifty saw a range
movement between 8080-8130. The Nifty
Daily candle chart shows bullish engulfing
patterns that indicate a bullish reversal. In
Market, huge volatility we saw due to expiry
of November series derivative contracts. On
Friday, the December derivatives series
began on a positive note due to Positive
global indices, rupee appreciation and also
steel makers extended gains after the
government imposed anti-dumping duties
on some imports lifted the Indian stock
markets. Nifty made a high at 8122.25 and
take a resistance level at 8150 and close at
8114. The Nifty50 (spot) opened the week at
8102.45, made a high of 8122.25 low of
7916.40 and closed the week at 8114.30.
Thus the Nifty closed the week with a
gaining of 40.20 points or 0.50%.

Formations

The 20 days EMA are placed at

8247.71

The 5 days EMA are placed at

8051.39

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Future Outlook:

The Nifty daily chart is bullish trend;

we advised to if Nifty future Buy above
8150 target will be 8300-8400. The
Nifty future selling pressure below
7925. Nifty upside weekly Resistance
is 8250-8175 level. On the downside
strong support 7975-7850.
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

28 NOV TO 2 DEC 16

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50 (SPOT)

Resistance2

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

2741.68
20499.23
22781.75
3211.52
1283.10
5101.20
311.98
489.08

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1378.77
216.53
854.43
3645.75

LT

1433.90

ASIANPAINT
HINDUNILVR
ITC

1008.32
866.77
235.47

BPCL
GAIL
NTPC
ONGC
POWERGRID
RELIANCE
TATAPOWER

660.20
449.73
169.80
288.72
201.35
1023.77
72.38

8186
8050
AUTOMOBILE
2677.37
2593.68
19670.07
18670.83
21502.15
20719.40
3128.73
3011.92
1228.05
1190.65
4987.40
4876.20
300.07
290.28
470.72
456.93
CEMENT & CEMENT PRODUCTS
1344.08
1300.32
210.07
200.53
838.77
810.33
3571.60
3435.80
CONSTRUCTION
1402.30
1353.40
CONSUMER GOODS
976.88
934.32
850.18
821.42
232.13
227.12
ENERGY
649.80
637.10
433.47
417.23
165.65
158.30
283.08
277.87
195.00
187.30
1008.73
995.47
71.22
69.63

495.10
185.50
1250.43
1287.55
272.80
1109.18
800.75
289.68
1240.70

FINANCIAL SERVICES
483.15
470.60
176.70
170.75
1219.87
1188.93
1265.80
1235.40
266.45
260.65
1091.27
1063.98
776.45
756.65
275.32
263.23
1204.20
1154.95

AXISBANK
BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
SBIN
YESBANK
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8257

Resistance1

Pivot

Support 1

Support 2

7980

7854

2529.37
17841.67
19439.80
2929.13
1135.60
4762.40
278.37
438.57

2445.68
16842.43
18657.05
2812.32
1098.20
4651.20
268.58
424.78

1265.63
194.07
794.67
3361.65

1221.87
184.53
766.23
3225.85

1321.80

1272.90

902.88
804.83
223.78

860.32
776.07
218.77

626.70
400.97
154.15
272.23
180.95
980.43
68.47

614.00
384.73
146.80
267.02
173.25
967.17
66.88

458.65
161.95
1158.37
1213.65
254.30
1046.07
732.35
248.87
1118.45

446.10
156.00
1127.43
1183.25
248.50
1018.78
712.55
236.78
1069.20

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

28 NOV TO 2 DEC 16

BHEL

140.92

HCLTECH
INFY
TCS
TECHM
WIPRO

847.98
1034.53
2439.78
521.15
484.85

ZEEL

477.93

INDUSTRIAL MANUFACTURING
133.83
128.17

121.08

115.42

765.97
927.97
2167.82
455.60
446.90

729.98
878.43
2035.28
423.95
429.05

424.77

410.03

304.40
173.80
396.18

298.45
162.80
378.87

292.65
145.10
348.98

258.73

251.47

237.88

729.72
559.03
3149.15
1472.77
702.40

715.03
548.12
3094.65
1426.73
687.80

689.42
531.18
3020.85
1344.82
661.45

301.42
357.25
72.70

294.58
349.55
71.40

288.17
343.50
69.15

IT
824.97
1006.02
2370.07
504.20
474.80

788.98
956.48
2237.53
472.55
456.95

MEDIA & ENTERTAINMENT

458.72
443.98
METALS

COALINDIA
HINDALCO
TATASTEEL

316.15
202.50
443.38

310.20
191.50
426.07
SERVICES

ADANIPORTS

279.58

272.32

AUROPHARMA
CIPLA
DRREDDY
LUPIN
SUNPHARMA

770.02
586.88
3277.45
1600.72
743.35

755.33
575.97
3222.95
1554.68
728.75

BHARTIARTL
INFRATEL
IDEA

314.67
371.00
76.25

307.83
363.30
74.95

PHARMA

TELECOM

Weekly Top gainers stocks

Script Symbol
Previous Close
TECHM
445.30
HINDALCO
165.35
TCS
2125.10
LUPIN
1417.75
WIPRO
437.15

Current Price
487.25
180.50
2300.35
1508.65
464.75

% Change
9.42%
9.16%
8.25%
6.41%
6.31%

In Points
41.95
15.15
175.25
90.60
27.60

Weekly Top losers stocks

Script Symbol
Previous Close
EICHERMOT
21792.30
BHEL
134.30
M&M
1239.85
SBIN
275.80
BANKBARODA
176.95

Current Price
20222.55
126.75
1173.00
260.95
167.90

% Change
-7.20%
-5.62%
-5.39%
-5.38%
-5.11%

In Points
-1569.75
-7.55
-66.85
-14.85
-9.05

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

28 NOV TO 2 DEC 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

25/NOV/2016

3849.34

4222.22

-372.88

24/NOV/2016

6175.67

8185.82

-2010.15

23/NOV/2016

4265.03

5288.15

-1023.12

22/NOV/2016

4418.49

5111.34

-692.85

21/NOV/2016

4323.60

5634.42

-1310.82

DATE

Buy Value

Sell Value

Net Value

25/NOV/2016

2695.81

1697.97

997.84

24/NOV/2016

3819.15

2170.93

1648.22

23/NOV/2016

2696.57

1440.90

1254.67

22/NOV/2016

2727.86

1652.66

1075.20

21/NOV/2016

2635.37

1424.36

1211.01

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

29/DEC/2016

CE

8200

117932

2800050

29/DEC/2016

CE

8100

115281

2065575

29/DEC/2016

CE

8300

98924

3206100

29/DEC/2016

PE

8000

118587

6710075

29/DEC/2016

PE

7900

94188

2481900

29/DEC/2016

PE

7800

75095

2462025

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

01/DEC/2016

CE

19000

90872

593280

01/DEC/2016

CE

18500

66054

271320

01/DEC/2016

CE

18700

58677

357240

01/DEC/2016

PE

18000

75418

469240

01/DEC/2016

PE

18300

33493

128000

01/DEC/2016

PE

17800

32267

183800

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

28 NOV TO 2 DEC 16
Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

26 NOV 16

VEDL

BUY ON DEEP

223-220

232-242

OPEN

19 NOV 16

BANKBARODA

BUY AROUND

177

184-192

EXIT AT 170

12 NOV 16

CANBK

BUY ON DEEP

310-311

323-337

1ST 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
(OUR ALL TARGET
ACHIEVED BUT BUYING
LEVEL WAS NOT
EXECUTED)

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

1ST TARGET
ACHIEVED
ALL TARGET
ACHIEVED
BOOK AT 262

* 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
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Mobile: +91 9039073611
Email: info@zoidresearch.com
Website: www.zoidresearch.com

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ZOID RESEARCH TEAM