EQUITY TECHNICAL REPORT

WEEKLY
[ 06 NOV to 10 NOV 2017]

ZOID RESEARCH TEAM

 WEEKLY TECHNICAL REPORT

06 NOV to 10 NOV 2017

NIFTY 50 10452.50 (129.00) (1.24%)

The benchmark Index Nifty logged gains on first
trading day of the week. After trading in a narrow
range throughout the day, the market has closed
on a bullish note. The week has begun on a
positive note, with the Nifty closing above the
10350 - mark. On Tuesday, Nifty50 started flat
continued led by the mixed sentiments over the
corporate earnings. Indices ended the session on a
quiet note, with the Nifty ended an almost quarter
of a percent lower. World Bank has ranked India
100 for 2018 from 130 in 2017, a huge leap of 30
places with ease of doing business compared to
other 190 Nations (Brazil-125, Russia-35, China-
78, South Africa-82). Moreover, Investor Protection
given a rank of 13 in 2017 and 4 in 2018, Getting
Credit-44 in 2017, 29 in 2018, Paying Taxes-172
in 2017 and 119 in 2018, Resolving Insolvency-
136 in 2017 and 103 in 2018. On Wednesday, The
Nifty50 scaled record high and made a strong
bullish candle on the daily chart. The Nifty 50
notched up decent gains to end the day with net
gains of 105.20 points, or 1.02 per cent On
Thursday, The Nifty50 in a narrow range before
ending the day with a minor loss of 16.70 points,
or 0.16 percent and closed at 10424. On Friday,
The benchmark Index Nifty after crossing the
10,450 level for the first time ever, The bulls are
not going to let go of the momentum easily. The
Nifty index recovered from an Intraday low of
10,403 and closed at 10,452 marks. The
benchmark Index Nifty50 (spot) opened the week at
10353.85 made a high of 10461.70 low of
10323.95 and closed the week at 10452.50.Thus
the Nifty closed the week with a gained of 129
points or 1.24%. Future Outlook:
The Nifty daily chart is consolidate trend; The Nifty
Formations has created A Hanging Man pattern is a bearish
reversal candlestick pattern that gets formed at the
The 20 days EMA are placed at end of an uptrend. It is formed when the index
witnesses significant downside in early trade, but the
10246.90 bulls manage to push it back to the opening level. we
advised to if Nifty future trade above 10500 than
The 5 days EMA are placed at
target will be around 10600. or if nifty future trade
10404.50 below at 10425 than target will be around 10325 Nifty
upside weekly Resistance is 10586-10536. level. On
the downside strong support at 10394-10300.
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 WEEKLY TECHNICAL REPORT

06 NOV to 10 NOV 2017

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol Resistance2 Resistance1 Pivot Support 1 Support 2
NIFTY 50 (SPOT) 10550 10501 10413 10364 10275
AUTOMOBILE
BAJAJ-AUTO 3363.68 3290.57 3250.78 3177.67 3137.88
BOSCHLTD 21649.77 21348.83 21128.97 20828.03 20608.17
EICHERMOT 33618.50 32426.80 31574.90 30383.20 29531.30
HEROMOTOCO 3956.68 3822.87 3749.08 3615.27 3541.48
M&M 1420.38 1375.57 1347.83 1303.02 1275.28
MARUTI 8338.47 8278.93 8219.47 8159.93 8100.47
TATAMTRDVR 254.13 250.52 244.38 240.77 234.63
TATAMOTORS 463.50 455.60 441.45 433.55 419.40
CEMENT & CEMENT PRODUCTS
ACC 1858.30 1831.75 1810.45 1783.90 1762.60
AMBUJACEM 293.60 288.10 283.30 277.80 273.00
ULTRACEMCO 4537.03 4456.07 4405.03 4324.07 4273.03
CONSTRUCTION
LT 1272.03 1253.52 1228.63 1210.12 1185.23
CONSUMER GOODS
ASIANPAINT 1202.85 1187.65 1183.60 1168.40 1164.35
HINDUNILVR 1285.77 1262.63 1246.32 1223.18 1206.87
ITC 274.43 269.92 266.68 262.17 258.93
ENERGY
BPCL 563.37 548.23 536.42 521.28 509.47
GAIL 485.72 474.78 468.42 457.48 451.12
IOC 427.48 420.37 415.73 408.62 403.98
NTPC 187.32 184.63 181.82 179.13 176.32
ONGC 198.48 195.17 189.88 186.57 181.28
POWERGRID 224.92 217.48 213.07 205.63 201.22
RELIANCE 971.77 958.53 944.57 931.33 917.37
TATAPOWER 90.37 87.43 85.57 82.63 80.77
FINANCIAL SERVICES
AXISBANK 586.57 563.33 522.47 499.23 458.37
BANKBARODA 192.05 181.90 174.55 164.40 157.05
HDFCBANK 1868.63 1849.67 1821.03 1802.07 1773.43
HDFC 1855.37 1815.83 1750.47 1710.93 1645.57
ICICIBANK 335.67 325.78 310.52 300.63 285.37
IBULHSGFIN 1287.98 1253.52 1234.68 1200.22 1181.38
INDUSINDBK 1718.30 1696.40 1657.25 1635.35 1596.20
KOTAKBANK 1048.73 1032.12 1020.38 1003.77 992.03

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 WEEKLY TECHNICAL REPORT

06 NOV to 10 NOV 2017

SBIN 342.13 333.57 318.93 310.37 295.73

YESBANK 340.58 333.27 320.68 313.37 300.78
IT
HCLTECH 878.98 863.07 847.53 831.62 816.08
INFY 970.45 948.55 932.75 910.85 895.05
TCS 2719.47 2669.78 2624.32 2574.63 2529.17
TECHM 511.22 487.33 474.12 450.23 437.02
WIPRO 299.02 296.78 294.42 292.18 289.82
MEDIA & ENTERTAINMENT
ZEEL 563.72 551.33 538.37 525.98 513.02
METALS
COALINDIA 297.62 292.08 286.82 281.28 276.02
HINDALCO 283.27 276.08 270.42 263.23 257.57
TATASTEEL 751.50 730.20 713.70 692.40 675.90
VEDL 354.43 346.27 338.23 330.07 322.03
PHARMA
AUROPHARMA 825.98 806.97 780.98 761.97 735.98
CIPLA 667.87 653.98 634.27 620.38 600.67
DRREDDY 2579.70 2499.40 2423.70 2343.40 2267.70
LUPIN 1140.90 1094.30 1043.40 996.80 945.90
SUNPHARMA 584.08 567.67 555.88 539.47 527.68
SERVICES
ADANIPORTS 448.95 441.90 433.75 426.70 418.55
TELECOM
BHARTIARTL 609.45 575.35 530.70 496.60 451.95
INFRATEL 465.88 439.82 425.93 399.87 385.98

Weekly Top gainers stocks

Script Symbol Previous Close Current Price % Change In Points
BHARTIARTL 485.30 541.25 11.53% 55.95
AXISBANK 485.95 540.10 11.14% 54.15
YESBANK 307.05 325.95 6.16% 18.90
ICICIBANK 301.15 315.90 4.90% 14.75
LUPIN 1001.10 1047.70 4.65% 46.60

Weekly Top losers stocks

Script Symbol Previous Close Current Price % Change In Points
UPL 831.30 775.60 -6.70% -55.70
M&M 1387.70 1330.75 -4.10% -56.95
IBULHSGFIN 1264.30 1219.05 -3.58% -45.25
TECHM 476.40 463.45 -2.72% -12.95
HEROMOTOCO 3786.65 3689.05 -2.58% -97.60

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 WEEKLY TECHNICAL REPORT

06 NOV to 10 NOV 2017

Weekly FIIS Statistics*

DATE Buy Value Sell Value Net Value

03/NOV/2017 4660.27 14351.11 -9690.84
02/NOV/2017 5441.78 4408.90 1032.88
01/NOV/2017 6131.83 5093.52 1038.31
31/OCT/2017 5991.94 6523.76 -531.82
30/OCT/2017 4946.40 5132.44 -186.04

Weekly DIIS Statistics*

DATE Buy Value Sell Value Net Value

03/NOV/2017 3877.08 3843.68 33.40
02/NOV/2017 4042.38 4498.89 -456.51
01/NOV/2017 4519.98 5187.89 -667.91
31/OCT/2017 3905.61 3308.69 596.92
30/OCT/2017 3773.89 3634.21 139.68

MOST ACTIVE NIFTY CALLS & PUTS:

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

30/NOV/2017 CE 10500 132082 3056175
30/NOV/2017 CE 10600 86199 2543250
30/NOV/2017 CE 10700 59469 2570100
30/NOV/2017 PE 10400 117526 3438375
30/NOV/2017 PE 10300 81639 4674750
30/NOV/2017 PE 10200 71358 5257425

MOST ACTIVE BANK NIFTY CALLS & PUTS:

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

09/NOV/2017 CE 25700 145565 309200
09/NOV/2017 CE 26000 128680 606280
09/NOV/2017 CE 25800 119862 322800
09/NOV/2017 PE 25500 94371 460400
09/NOV/2017 PE 25300 89525 256800
09/NOV/2017 PE 25400 86756 323000

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 WEEKLY TECHNICAL REPORT

06 NOV to 10 NOV 2017

Weekly Recommendations:-

DATE SYMBOL STRATEGY ENTRY TARGET STATUS

3 NOV 17 PNB BUY ABOVE 208 216 OPEN

ALL TGT
14 OCT 17 MRPL BUY AROUND 130 135-141
ACHIEVED
7 OCT 17 CESC BUY AROUND 1044 1088-1124 OPEN
1ST TGT
30 SEP 17 BALRAMCHIN BUY ABOVE 161 167.5-175
ACHIEVED
23 SEP 17 DIVISLAB BUY AROUND 970 1010 EXIT AT 930
TARGET
16 SEP 17 IBULHSGFIN BUY ABOVE 1276 1327
ACHIEVED
9 SEP 17 BHARTIARTL BUY ABOVE 405 420-438 OPEN
ALL TGT
2 SEP 17 GAIL BUY ON DEEPS 384 399-415
ACHIEVED
1ST TGT
26 AUG 17 APOLLOTYRE SELL ON RISE 257-259 247-235
ACHIEVED
19 AUG 17 ASHOKLEY SELL BELOW 103.5 99-95 BOOK AT 100

12 AUG 17 ENGINERSIN SELL AROUND 150-149.5 144-137 EXIT AT 157

ALL TGT
5 AUG 17 TATAMTRDVR SELL AROUND 255 245-232
ACHIEVED
ALL TGT
22 JUL 17 KTKBANK SELL BELOW 157 151-144
ACHIEVED
ALL TGT
15 JUL 17 GODREJIND SELL BELOW 660 633-605
ACHIEVED
1ST TGT
8 JUL 17 DELTACORP BUY AROUND 167 175-185
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
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