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The Nifty daily chart is bearish,We advise to sell Nifty future below 8150 target 8050-7950.Get free stocks market trading tips for 2 days. Sign up at http://bit.ly/1ROzcjT
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EQUITY TECHNICAL REPORT WEEKLY [20 JUN to 24 JUN 2016]
ZOID RESEARCH TEAM
WEEKLY TECHNICAL REPORT
20 JUN TO 24 JUN 16
www.zoidresearch.com ZOID RESEARCH TEAM
NIFTY 50 8170.20 (0.15) (0.002%)
This week market open with negative. The
Nifty fell more than 1% and nifty tumbled
below its critical level of 8050 on Monday.
On Tuesday, see-saw moment was there in
the market. Nifty swung between gains
and losses and ended the trade on a flat
note. The nifty closed with a loss of mere
two points at 8109. On Wednesday, bulls
are back the nifty 8200 mark; the nifty
snapped a four-day losing streak after the
union cabinet approved new civil aviation
policy and merger of five associates with
SBI amid firm Asian market. On
Thursday, after taking a breather in the
previous session, the bear was back.
Weakness was seen in Asian indices after
the bank of Japan and the US Federal
Reserve decides to keep interest rate hold
weighed on the domestic bourses. The
nifty ended below 8150 mark tracking
negative trends seen in global markets. On
Friday, nifty jumped above 8150 market.
The nifty close with gain 29 points at
8170. The Nifty50 (spot) opened the week
at 8102.25, made a high of 8213.20 low of
8063.9 and closed the week at 8170.20.
Thus the Nifty closed the week with a
gaining of 0.15 points or 0.002%.
Formations
The 20 days EMA are placed at
8147.40
The 5 days EMA are placed at
8122.53
Future Outlook:
The Nifty daily chart is bearish; we advised
to sell Nifty future below 8150 target 8050-
7950. The Nifty future buying pressure
above 8225 and up target will be 8350.
Nifty upside weekly Resistance is 8235-
8300 level. On the downside strong
support 8050-7950
WEEKLY TECHNICAL REPORT
20 JUN TO 24 JUN 16
www.zoidresearch.com ZOID RESEARCH TEAM
Weekly Pivot Levels for Nifty 50 Stocks
Script Symbol Resistance2 Resistance1 Pivot Support 1 Support 2
NIFTY 50 (SPOT) 8298 8234 8150 8085 8000
AUTOMOBILE
BAJAJ-AUTO 2640.60 2611.00 2580.50 2550.90 2520.40
BOSCHLTD 22771.63 22423.62 21812.33 21464.32 20853.03
EICHERMOT 19265.98 19022.52 18650.08 18406.62 18034.18
HEROMOTOCO 3130.33 3080.37 3038.83 2988.87 2947.33
M&M 1393.17 1368.58 1351.92 1327.33 1310.67
MARUTI 4283.50 4199.00 4130.50 4046.00 3977.50
TATAMTRDVR 324.32 318.23 307.82 301.73 291.32
TATAMOTORS 484.67 474.53 455.62 445.48 426.57
CEMENT & CEMENT PRODUCTS
ACC 1589.97 1572.68 1554.12 1536.83 1518.27
AMBUJACEM 243.57 239.73 235.62 231.78 227.67
GRASIM 4405.33 4365.87 4310.53 4271.07 4215.73
ULTRACEMCO 3471.02 3387.03 3324.02 3240.03 3177.02
CONSTRUCTION
LT 1546.02 1513.13 1484.12 1451.23 1422.22
CONSUMER GOODS
ASIANPAINT 1033.93 1016.77 997.68 980.52 961.43
HINDUNILVR 900.62 890.98 875.07 865.43 849.52
ITC 370.45 365.15 355.40 350.10 340.35
ENERGY
BPCL 1041.65 1023.30 1001.65 983.30 961.65
GAIL 403.85 395.55 379.80 371.50 355.75
NTPC 159.37 155.83 151.47 147.93 143.57
ONGC 218.65 214.70 212.45 208.50 206.25
POWERGRID 162.75 159.90 155.10 152.25 147.45
RELIANCE 998.27 986.58 974.82 963.13 951.37
TATAPOWER 79.57 76.63 74.47 71.53 69.37
FINANCIAL SERVICES
AXISBANK 546.03 536.47 526.23 516.67 506.43
BANKBARODA 160.33 155.47 148.83 143.97 137.33
HDFCBANK 1197.83 1183.92 1164.08 1150.17 1130.33
HDFC 1268.87 1248.08 1215.12 1194.33 1161.37
ICICIBANK 254.98 246.72 240.93 232.67 226.88
INDUSINDBK 1143.53 1121.37 1103.43 1081.27 1063.33
KOTAKBANK 777.83 764.47 754.73 741.37 731.63
SBIN 229.02 221.23 210.72 202.93 192.42
YESBANK 1091.98 1081.42 1064.43 1053.87 1036.88
WEEKLY TECHNICAL REPORT
20 JUN TO 24 JUN 16
www.zoidresearch.com ZOID RESEARCH TEAM
INDUSTRIAL MANUFACTURING
BHEL 126.45 124.40 121.85 119.80 117.25
IT
HCLTECH 776.68 765.17 753.43 741.92 730.18
INFY 1206.17 1192.83 1179.42 1166.08 1152.67
TCS 2669.90 2636.25 2576.35 2542.70 2482.80
TECHM 550.55 542.90 535.70 528.05 520.85
WIPRO 563.45 557.75 548.30 542.60 533.15
MEDIA & ENTERTAINMENT
ZEEL 473.67 462.03 454.77 443.13 435.87
METALS
COALINDIA 320.70 316.95 310.75 307.00 300.80
HINDALCO 125.70 122.25 116.80 113.35 107.90
TATASTEEL 339.15 332.30 326.65 319.80 314.15
SERVICES
ADANIPORTS 219.97 213.83 205.77 199.63 191.57
PHARMA
AUROPHARMA 769.47 748.63 736.32 715.48 703.17
CIPLA 508.52 497.48 481.52 470.48 454.52
DRREDDY 3146.72 3074.83 3037.32 2965.43 2927.92
LUPIN 1503.87 1483.93 1457.07 1437.13 1410.27
SUNPHARMA 770.10 756.65 744.90 731.45 719.70
TELECOM
BHARTIARTL 372.87 364.93 350.97 343.03 329.07
INFRATEL 403.42 371.03 352.62 320.23 301.82
IDEA 105.23 103.22 100.88 98.87 96.53
Weekly Top gainers stocks
Script Symbol Previous Close Current Price % Change In Points
GAIL 368.95 387.25 4.96% 18.30 SBIN 205.95 213.45 3.64% 7.50
HINDALCO 115.30 118.80 3.04% 3.50 BANKBARODA 146.30 150.60 2.94% 4.30
BOSCHLTD 21492.45 22075.60 2.71% 583.15
Weekly Top losers stocks
Script Symbol Previous Close Current Price % Change In Points
INFRATEL 374.50 338.65 -9.57% -35.85 ICICIBANK 252.60 238.45 -5.60% -14.15
ONGC 218.20 210.75 -3.41% -7.45 TATAPOWER 76.20 73.70 -3.28% -2.50 TATASTEEL 334.40 325.45 -2.68% -8.95
WEEKLY TECHNICAL REPORT
20 JUN TO 24 JUN 16
www.zoidresearch.com ZOID RESEARCH TEAM
Weekly FII’S Statistics*
DATE Buy Value Sell Value Net Value
17/JUN/2016 4650.86 4618.90 31.96
16/JUN/2016 3061.12 3217.87 -156.75
15/JUN/2016 3160.24 3268.47 -108.23
14/JUN/2016 2886.71 3000.07 -113.36
13/JUN/2016 3847.70 3635.46 212.24
Weekly DII’S Statistics*
DATE Buy Value Sell Value Net Value
17/JUN/2016 1538.47 1564.68 -26.21
16/JUN/2016 1802.70 1965.70 -163.00
15/JUN/2016 1671.85 1437.75 234.10
14/JUN/2016 1303.96 1336.23 -32.27
13/JUN/2016 1089.23 1687.06 -597.83
MOST ACTIVE NIFTY CALLS & PUTS
EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST
30/JUN/2016 CE 8200 262262 4294800
30/JUN/2016 CE 8300 229075 6526500
30/JUN/2016 CE 8400 165022 4880475
30/JUN/2016 PE 8100 214486 4674675
30/JUN/2016 PE 8000 190156 7943725
30/JUN/2016 PE 8200 141862 2843350
MOST ACTIVE BANK NIFTY CALLS & PUTS
EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST
23/JUN/2016 CE 18000 67023 269730
30/JUN/2016 CE 18000 38515 550740
30/JUN/2016 CE 18500 32128 469680
23/JUN/2016 PE 17500 50751 141480
30/JUN/2016 PE 17000 33799 649110
23/JUN/2016 PE 17600 26733 41190
WEEKLY TECHNICAL REPORT
20 JUN TO 24 JUN 16
www.zoidresearch.com ZOID RESEARCH TEAM
Weekly Recommendations:
DATE SYMBOL STRATEGY ENTRY TARGET STATUS
17 JUN 16 HDFC BUY ON DEEP 1220-1210 1260-1300 OPEN
11JUN 16 DHFL BUY ON DEEP 205-203 214-222 OPEN
28 MAY 16 HEROMOTOCO BUY ON DEEP 3000 3120-3250 1ST TARGET ACHIEVED
21 MAY 16 VOLTAS BUY ABOVE 332 345-360 BOOK AT 342
14 MAY 16 CESC BUY ON DEEP 542-540 562-585 1ST TARGET ACHIEVED
7 MAY 16 TITAN BUY ON DEEP 360-362 375-395 1ST TARGET ACHIEVED
30 APR 16 GLENMARK BUY ON DEEP 828-825 862-900 1ST TARGET ACHIEVED
22 APR 16 PFC BUY ON DEEP 175-173 182-190 1ST TARGET ACHIEVED
14 APR 16 RCOM BUY ON DEEP 52.75-52.50 55-58 2ND TARGET
AT 57.85
9 APR 16 AJANTPHARM BUY ON DEEP 1460 1520-1580 BP AT 1500
2 APR 16 TATAMOTORS BUY ON DEEP 378-380 395-412 1ST TARGET ACHIEVED
26 MAR 16 BATAINDIA BUY ON DEEP 500-498 520-550 1ST TARGET ACHIEVED
19 MAR 16 DLF BUY ABOVE 108.5 114-120 ALL TARGET ACHIEVED
12 MAR 16 TATAMOTORS BUY ON DEEP 348-350 365-380 ALL TARGET ACHIEVED
* FII & DII trading activity on NSE, BSE, and MCX’SX 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 A.B. Commercial Road, Indore
452001 Mobile: +91 9039073611
Email: [email protected] Website: www.zoidresearch.com
