WEEKLY TECHNICAL REPORT

for

19 NOV. to 23 NOV. 2018

EQUITY
TECHNICAL
REPORT
WEEKLY
[ 19 NOV. to 23 NOV. 2018]

ZOID
RESEARCH
TEAM
www.zoidresearch.com ZOID RESEARCH TEAM
 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

NIFTY (SPOT) @ 10682

Nifty this week given close around 10682.20 with positive basis, due to mix global market
sentiments and short covering move, this week is it given minor negative close but upside
it has strong resistance around 10750-10980 and it has weekly trend decider level is 10500
if it close below then more downside fall we will see in upcoming day’s so don’t carry heavy
position in portfolio downside it will be test 10300-10110 so be cautious on higher levels,
keep close watch on given levels and global market updates watch out.

TREND DECIDER THIS WEEK 10605

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 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

BANK @ 26325
Nifty Bank this week given close around 26245.55 with positive basis due to short covering
move and some positive buying but don’t hurry for fresh buying keep close watch global
market update, upside it has first resistance around 26500 and it has weekly trend decider
level is 26000, if it close below then more downside fall possible up to 25500-25000 so be
cautious on higher levels, this week it given close with flat basis due to short covering
move, so keep close watch on given levels, watch out.

TREND DECIDER THIS WEEK 26324

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 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

SCRIPT NAME:- HDFCBANK LTP :- 2004.75 ACTION:- BUY STRATEGY :- BUY ON DIP STOPLOSS :- BELOW 1942

CANDELSTICK CHART :- HDFC BANK

S2 1880 S1 1942.50 PIVOT 1978 R1 - 2040 R2 - 2075

JUSTIFICATION

HDFC BANK FUT trading above 50 days SMA & close in weekly chart . Also share trading at
major resistance level 1984.20 . we have recommended HDFCBANK future buy on dip with
target 2040 to 2080 and strong support level is 1942 .

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 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

SCRIPT NAME:- SUNPHARMA CMP :- 521.25 ACTION:- BUY STRATEGY :- BUY ABOVE 529 STOPLOSS BELOW 487

CANDELSTICK CHART : SUNPHARMA FUTURE

S2 452 S1 487 PIVOT 544.23 R1 -578.47 R2 -635

JUSTIFICATION

SUNPHARMA FUTURE trading at major weekly support level 521.25 .Also taking support
of trend line in weekly chart . We have recommend buy above 529 with target of 578 to
624 level . And there is strong support level 487 .

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 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

SCRIPT NAME:- TECHM CMP:728 ACTION:- Buy STRATEGY :- Buy on decline STOPLOSS :- 700

CANDELSTICK CHART :- TECHM cash

S2 -672 S1 700 PIVOT 719 R1 -748 R2 - 767

JUSTIFICATION

This week TECHM given close around 728 with big bullish candle due to short covering move and fresh buying
also, in daily chart found fresh breakout buy on decline strategy best buying around 718-719 and keep stop
loss of 700 below on closing basis upside it will be test 745-765+ watch out.

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 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

SCRIPT NAME:- BOB CMP :- 115.2 ACTION:-Buy STRATEGY :-buy on decline STOPLOSS :-109

CANDELSTICK CHART : BANK OF BARODA cash

S2 103 S1 109 PIVOT 112.5 R1 -119 R2 123

JUSTIFICATION

This week BANK OF BARODA given close around 115.2+ with bullish candle due to short covering move and
fresh buying also, in daily chart found fresh breakout buy on decline strategy best buying around 112.5-113
and keep stop loss of 109 below on closing basis upside it will be test 120-124+ watch out.

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 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

WEEKLY RECOMMENDATIONS:

DATE NAME CMP STRATERGY CALL TYPE

19.11.2018 L&TFH 132.55 SELL ON RISE AROUND DAILY BASIS

133.5-133.6 SL 136 TGT
130-128
19.11.2018 INFIBEAM 47.1 SELL ON RISE AROUND DAILY BASIS
48.5-48.7 SL 51.5 TGT 44-
41
19.11.2018 DABUR FUT 395 BUY ON DIP AROUND WEEKLY
392-389 STOP LOSS BASIS
BELOW 380 TARGET
405-415.
19.11.2018 RBLBANK FUT 557.65 BUY ABOVE 563.35 WEEKLY
STOP LOSS 532 TARGET BASIS
589-621.

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 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

WEEKLY OPTION RECOMMENDATIONS:

DATE NAME CE/PE STRATERGY CALL TYPE

19-11-2018 NIFTY CALL BUY ABOVE 110 FOR THE CE 10700

TGT OF 150-210

19-11-2018 BANKNIFTY CALL BUY ABOVE 110.50 FOR CE 26500

230-350.
19-11-2018 RELIANCE CALL BUY ABOVE 20 FOR THE CE 1140
TGT OF 45-90
19-11-2018 YESBANK CALL BUY ABOVE 10 FOR THE CE 200
TGT OF 35-80
19-11-2018 TATASTEEL PUT BUY ABOVE 20 FOR THE PE 580
TGT OF 30-60
19-11-2018 MARUTI PUT BUY ABOVE 140 FOR THE PE 7300
TGT OF 250-400

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 WEEKLY TECHNICAL REPORT
for

19 NOV. to 23 NOV. 2018

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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