EQUITY TECHNICAL REPORT

WEEKLY
[2 JAN to 6 JAN 2017]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

2 JAN TO 6 JAN 17

NIFTY 50 8185.80 (200.05) (2.50%)

The Nifty index started trading for the week on a
negative note. Nifty trader their month lows in intra-day
trade even though Finance Minister Mr. Arun Jaitley
tried to calm frayed nerves. "PM Mr. Narendra Modis
statement that those who make money from the markets
are not paying their fair share in taxes made investors
nervous". The nifty made a low of 7894 after breaching
the important level of 7900. The markets in the
December series saw heavy selling by FII's in the cash
and F&O segment. On Tuesday, The Nifty takes a
support at 7900 and sharp buying in the last hour of
trading. market notched up its biggest single-session
rally in about three weeks. On Wednesday, showed profit
booking after touching 8100 and closed at 8034 a day
before expiry and the Nifty closed with a marginal gain of
two points at 8035. On Thursday, In Market, huge
volatility we saw due to expiry of December series
derivative contracts. The data for the Jan series shows
that short positions have been squared off. On Friday,
The Nifty January Series is starting on a positive note.
opened gap up by 16 points at 8119.65 and continued
its rally by adding more 77 points taking it in the day
high of 8197. The Nifty managed to close above the
critical level of 8150. Nifty has ended the year 2016 with
a positive note by closing 3.01% or 239.45 points above
last year close from 7946.35 to 8185.80. We had
recommended on last week research report (see our
weekly report 26 Dec 30 Dec 16) [we advised to Nifty
future If Nifty future trade above 8050 then the
target will be 8150-8250. OUR TARGET ACHIEVED
ON FRIDAY 30 DEC 2016 NIFTY MADE HIGH AT
8207]. The Nifty50 (spot) opened the week at 7965.10,
made a high of 8197.00 low of 7893.80 and closed the
week at 8185.80. Thus the Nifty closed the week with a
gaining of 200.05 points or 2.50%.

Formations

Future Outlook:

The 20 days EMA are placed at

8103.69

The 5 days EMA are placed at

8092.15

www.zoidresearch.com

The Nifty daily chart is bullish trend. we

advised to Nifty future buy on deep
around 8150 target will be 8300-8500.
The nifty future selling pressure below
7900. Nifty upside weekly Resistance is
8400-8300 level. On the downside
strong support at 7990-7800
ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

2 JAN TO 6 JAN 17

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50 (SPOT)

Resistance2

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

2719.80
22459.95
22982.35
3126.55
1219.03
5532.25
308.53
486.93

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1372.75
214.30
912.88
3428.27

LT

1388.47

ASIANPAINT
HINDUNILVR
ITC

917.02
858.02
255.75

BPCL
GAIL
NTPC
ONGC
POWERGRID
RELIANCE
TATAPOWER

671.57
458.07
169.28
196.98
190.27
1111.03
80.80

8291
8092
AUTOMOBILE
2676.00
2623.00
21754.95
20495.00
22392.70
21310.35
3085.10
3021.55
1201.87
1171.63
5425.90
5271.55
303.82
295.28
479.47
467.53
CEMENT & CEMENT PRODUCTS
1351.90
1315.15
210.30
203.65
887.82
843.93
3339.23
3194.62
CONSTRUCTION
1368.78
1343.57
CONSUMER GOODS
904.03
882.02
842.18
813.62
248.70
235.35
ENERGY
653.53
626.97
448.63
433.57
167.02
163.18
194.17
190.93
186.88
181.72
1096.72
1070.68
78.35
75.60

468.25
159.00
1238.00
1309.87
263.97
1158.03
734.07
257.73
1206.78

FINANCIAL SERVICES
459.10
443.05
156.20
151.10
1222.10
1196.10
1286.23
1246.12
259.63
253.17
1132.97
1090.88
726.88
715.57
253.97
248.53
1181.62
1136.08

AXISBANK
BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
SBIN
YESBANK
www.zoidresearch.com

8395

Resistance1

Pivot

Support 1

Support 2

7987

7789

2579.20
19790.00
20720.70
2980.10
1154.47
5165.20
290.57
460.07

2526.20
18530.05
19638.35
2916.55
1124.23
5010.85
282.03
448.13

1294.30
199.65
818.87
3105.58

1257.55
193.00
774.98
2960.97

1323.88

1298.67

869.03
797.78
228.30

847.02
769.22
214.95

608.93
424.13
160.92
188.12
178.33
1056.37
73.15

582.37
409.07
157.08
184.88
173.17
1030.33
70.40

433.90
148.30
1180.20
1222.48
248.83
1065.82
708.38
244.77
1110.92

417.85
143.20
1154.20
1182.37
242.37
1023.73
697.07
239.33
1065.38

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

2 JAN TO 6 JAN 17

BHEL

125.13

HCLTECH
INFY
TCS
TECHM
WIPRO

860.45
1036.13
2449.32
513.60
491.28

ZEEL

471.22

INDUSTRIAL MANUFACTURING
123.17
119.63

117.67

114.13

797.50
986.47
2294.83
468.30
459.67

767.05
962.33
2224.12
447.70
444.88

437.03

421.02

294.73
153.72
388.00

287.77
149.18
380.60

275.53
143.32
369.95

265.85

259.85

251.25

654.57
566.07
3050.42
1458.07
624.00

636.63
550.83
2989.08
1426.18
616.00

603.97
532.87
2917.77
1365.42
602.00

300.48
337.72
72.28

293.87
329.98
70.02

282.08
316.52
65.88

IT
844.20
1023.37
2407.43
501.25
482.87

813.75
999.23
2336.72
480.65
468.08

MEDIA & ENTERTAINMENT

462.13
446.12
METALS

COALINDIA
HINDALCO
TATASTEEL

313.93
164.12
406.05

306.97
159.58
398.65
SERVICES

ADANIPORTS

280.45

274.45

AUROPHARMA
CIPLA
DRREDDY
LUPIN
SUNPHARMA

705.17
599.27
3183.07
1550.72
646.00

687.23
584.03
3121.73
1518.83
638.00

BHARTIARTL
INFRATEL
IDEA

318.88
358.92
78.68

312.27
351.18
76.42

PHARMA

TELECOM

Weekly Top gainers stocks

Script Symbol
Previous Close
ITC
224.70
BOSCHLTD
19715.95
IDEA
70.80
TECHM
467.10
HINDUNILVR
789.50

Current Price
241.65
21049.95
74.15
488.90
826.35

% Change
7.50%
6.77%
4.73%
4.67%
4.67%

In Points
16.95
1334.00
3.35
21.80
36.85

Weekly Top losers stocks

Script Symbol
Previous Close
HINDALCO
159.30
CIPLA
582.30
ONGC
192.95
NA
NA
NA
NA

Current Price
155.05
568.80
191.35
NA
NA

% Change
-2.67%
-2.32%
-0.83%
NA
NA

In Points
-4.25
-13.50
-1.60
NA
NA

www.zoidresearch.com

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

2 JAN TO 6 JAN 17
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

30/DEC/2016

2227.16

2812.80

-585.64

29/DEC/2016

4487.84

5150.13

-662.29

28/DEC/2016

2294.86

2821.92

-527.06

27/DEC/2016

1630.58

2342.75

-712.17

26/DEC/2016

987.60

2082.64

-1095.04

DATE

Buy Value

Sell Value

Net Value

30/DEC/2016

2858.92

2133.66

725.26

29/DEC/2016

3094.12

2136.29

957.83

28/DEC/2016

2206.64

1381.80

824.84

27/DEC/2016

2558.64

1056.23

1502.41

26/DEC/2016

2106.71

1041.32

1065.39

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

25/JAN/2017

CE

8200

137251

4401525

25/JAN/2017

CE

8300

116905

3185550

25/JAN/2017

CE

8400

95023

3380250

25/JAN/2017

PE

8000

132660

5922375

25/JAN/2017

PE

8100

123998

3469275

25/JAN/2017

PE

7900

79127

4023900

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

5/JAN/2017

CE

18300

87800

269040

5/JAN/2017

CE

18500

82342

316840

5/JAN/2017

CE

18200

74351

241880

5/JAN/2017

PE

18000

77360

398320

5/JAN/2017

PE

17800

51003

221120

5/JAN/2017

PE

17900

43145

212680

www.zoidresearch.com

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

2 JAN TO 6 JAN 17
Weekly Recommendations:DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

31 DEC 16

VEDL

BUY AROUND

216

225-235

OPEN

24 DEC 16

SUNPHARMA

BUY ABOVE

625

650-675

OPEN

17 DEC 16

HDFCBANK

BUY ABOVE

1200

1250-1300

OPEN

10 DEC 16

HINDALCO

BUY ON DEEP

182-180

189-200

EXIT AT 172

3 DEC 16

ONGC

BUY ON DEEP

288-290

300-315

26 NOV 16

VEDL

BUY ON DEEP

223-220

232-242

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

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

Zoid Research wishing you and your family

a very Happy New Year 2017. In This
year God will fulfill your all wishes in wealth,
health & happiness in your life."

www.zoidresearch.com

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A.B. Commercial Road, Indore
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Mobile: +91 9039073611
Email: info@zoidresearch.com
Website: www.zoidresearch.com

ZOID RESEARCH TEAM