CNX NIFTY Technical Report 07Dec-11Dec

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WEEKLY TECHNICAL REPORT 7 DEC TO 11 DEC 15 www.zoidresearch.com ZOID RESEARCH TEAM NIFTY 50 7781.90 (-160.80) (-2.02%) Last Week Nifty opened with flat note on Monday. On Tuesday nifty break resistance 7950 and close at 7954.90. On Wednesday nifty made a high at 7979.30. On Friday market highly volatile sensation nifty open at 7818 made a high at 7821and low of 7775 and the ended with a loss of 82 points at 7782. On this week nifty future made a strong support at 7775 and 7825 resistance. (We had recommended on last week research report see our weekly report 30 Nov to 4 Dec The Nifty 7920-7900 may now be considered a good support region and a decisive. breach of this zone could lead to retest of the earlier supports. 7850-7810) We are recommended if nifty future trade below 7775 target 7715. The nifty ended the conclude week with a losing of (-2.02%) or (-160.80) over the previous week’s closing. Formations The 20 days EMA are placed at 7922.16 The 5 days EMA are placed at 7893.69 Future Outlook: The Nifty daily chart is bearish; Nifty is trading below 7775 next level is 7715. Nifty buying pressure near at 7825. Nifty Upside weekly Resistance is 8045-7925 level. The Nifty weekly strong support is 7775.

description

Last Week Nifty opened with flat note on Monday. On Tuesday nifty break resistance 7950 and close at 7954.90. On Wednesday nifty made a high at 7979.30.

Transcript of CNX NIFTY Technical Report 07Dec-11Dec

Page 1: CNX NIFTY Technical Report 07Dec-11Dec

WEEKLY TECHNICAL REPORT

7 DEC TO 11 DEC 15

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NIFTY 50 7781.90 (-160.80) (-2.02%)

Last Week Nifty opened with flat note on Monday. On Tuesday nifty break resistance 7950 and close at 7954.90. On Wednesday nifty made a high at 7979.30. On Friday market highly volatile sensation nifty open at 7818 made a high at 7821and low of 7775 and the ended with a loss of 82 points at 7782. On this week nifty future made a strong support at 7775 and 7825 resistance. (We had recommended on last week research report see our weekly report 30 Nov to 4 Dec The Nifty 7920-7900 may now be considered a good support region and a decisive. breach of

this zone could lead to retest of the earlier supports. 7850-7810) We are recommended if nifty future trade below 7775 target 7715. The nifty ended the conclude week with a losing of (-2.02%) or (-160.80) over the previous week’s closing. Formations

The 20 days EMA are placed at

7922.16

The 5 days EMA are placed at

7893.69

Future Outlook:

The Nifty daily chart is bearish; Nifty is trading below 7775 next level is 7715. Nifty buying pressure near at

7825. Nifty Upside weekly Resistance is 8045-7925 level. The Nifty weekly strong support is 7775.

Page 2: CNX NIFTY Technical Report 07Dec-11Dec

WEEKLY TECHNICAL REPORT

7 DEC TO 11 DEC 15

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Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol Resistance2 Resistance1 Pivot Support 1 Support 2

CNX NIFTY 8049 7916 7846 7712 7642

AUTOMOBILE

BAJAJ-AUTO 2559.95 2516.25 2471.30 2427.60 2382.65

BOSCHLTD 19282.65 18829.50 18604.75 18151.60 17926.85

HEROMOTOCO 2782.90 2700.35 2651.75 2569.20 2520.60

M&M 1405.60 1360.45 1336.35 1291.20 1267.10

MARUTI 4805.38 4702.87 4597.48 4494.97 4389.58

TATAMOTORS 440.32 420.13 409.42 389.23 378.52

CEMENT & CEMENT PRODUCTS

ACC 1387.62 1361.23 1346.77 1320.38 1305.92

AMBUJACEM 1387.62 1361.23 1346.77 1320.38 1305.92

GRASIM 3816.52 3768.03 3736.52 3688.03 3656.52

ULTRACEMCO 2966.03 2916.57 2846.33 2796.87 2726.63

CONSTRUCTION

LT 1399.15 1369.50 1354.30 1324.65 1309.45

CONSUMER GOODS

ASIANPAINT 881.53 858.12 843.78 820.37 806.03

HINDUNILVR 849.85 832.40 818.25 800.80 786.65

ITC 354.98 345.47 340.23 330.72 325.48

ENERGY

BPCL 966.17 936.33 917.07 887.23 867.97

CAIRN 146.65 143.00 138.00 134.35 129.35

GAIL 375.02 365.53 360.52 351.03 346.02

NTPC 135.07 132.73 131.37 129.03 127.67

ONGC 242.97 235.08 230.57 222.68 218.17

POWERGRID 140.62 135.68 133.07 128.13 125.52

RELIANCE 999.58 982.52 971.88 954.82 944.18

TATAPOWER 69.40 66.80 65.40 62.80 61.40

FINANCIAL SERVICES

AXISBANK 481.97 471.23 463.67 452.93 445.37

BANKBARODA 188.60 177.75 171.65 160.80 154.70

HDFCBANK 1105.90 1082.40 1069.20 1045.70 1032.50

HDFC 1255.27 1213.43 1191.47 1149.63 1127.67

ICICIBANK 283.28 272.37 266.58 255.67 249.88

INDUSINDBK 965.45 954.20 938.25 927.00 911.05

KOTAKBANK 711.15 687.90 674.45 651.20 637.75

PNB 150.77 142.63 138.12 129.98 125.47

SBIN 259.00 250.05 244.05 235.10 229.10

YESBANK 783.63 761.82 750.18 728.37 716.73

Page 3: CNX NIFTY Technical Report 07Dec-11Dec

WEEKLY TECHNICAL REPORT

7 DEC TO 11 DEC 15

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INDUSTRIAL MANUFACTURING

BHEL 181.78 175.07 171.58 164.87 161.38

IT

HCLTECH 905.50 870.75 850.95 816.20 796.40

INFY 1120.68 1084.87 1062.48 1026.67 1004.28

TCS 2417.07 2372.73 2346.92 2302.58 2276.77

TECHM 552.92 544.63 537.32 529.03 521.72

WIPRO 598.23 583.77 572.98 558.52 547.73

MEDIA & ENTERTAINMENT

ZEEL 427.75 411.70 402.85 386.80 377.95

METALS

COALINDIA 354.12 344.68 337.12 327.68 320.12

HINDALCO 84.15 81.60 79.10 76.55 74.05

VEDL 99.40 95.45 92.45 88.50 85.50

TATASTEEL 255.42 247.83 238.32 230.73 221.22

SERVICES

ADANIPORTS 274.62 265.08 259.82 250.28 245.02

PHARMA

CIPLA 671.13 658.47 648.73 636.07 626.33

DRREDDY 3350.47 3272.98 3187.52 3110.03 3024.57

LUPIN 1918.25 1861.50 1822.25 1765.50 1726.25

SUNPHARMA 802.67 779.03 750.27 726.63 697.87

TELECOM

BHARTIARTL 354.33 337.82 327.48 310.97 300.63

IDEA 148.50 143.60 140.30 135.40 132.10

Weekly Top gainers stocks

Script Symbol Previous Close Current Price % Change In Points

TATASTEEL 231.25 240.25 3.89% 9.00 DRREDDY 3099.30 3195.50 3.10% 96.20

INDUSINDBK 923.35 942.95 2.12% 19.60 SUNPHARMA 739.85 755.40 2.10% 15.55

CAIRN 136.70 139.35 1.94% 2.65

Weekly Top losers stocks

Script Symbol Previous Close Current Price % Change In Points

BANKBAODA 179.60 166.90 -7.07% -12.70 PNB 144.30 134.50 -6.79% -6.80

BHARTIARTL 342.20 321.30 -6.11% -20.90 KOTAKBANK 698.75 664.65 -4.88% -34.10

HDFC 1230.60 1171.60 -4.79% -59.00

Page 4: CNX NIFTY Technical Report 07Dec-11Dec

WEEKLY TECHNICAL REPORT

7 DEC TO 11 DEC 15

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Weekly FII’S Statistics*

DATE Buy Value Sell Value Net Value

4/DEC/2015 3561.68 5307.41 -1745.73

3/DEC/2015 3192.71 3804.14 -611.43

2/DEC/2015 3712.27 3651.66 60.61

1/DEC/2015 4097.82 4204.60 -106.78

30/NOV/2015 13538.84 14582.68 -1043.84

Weekly DII’S Statistics*

DATE Buy Value Sell Value Net Value

4/DEC/2015 2344.24 1275.23 1069.01

3/DEC/2015 1612.95 1091.84 521.11

2/DEC/2015 1243.43 1321.74 -78.31

1/DEC/2015 1337.74 1142.99 194.75

30/NOV/2015 2977.78 2376.05 601.73

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

31/DEC/2015 CE 8000 167581 5572175

31/DEC/2015 CE 7900 140848 2672725

31/DEC/2015 CE 8100 126496 5448300

31/DEC/2015 PE 7800 126412 2890875

31/DEC/2015 PE 7700 114353 3305300

31/DEC/2015 PE 7600 74276 2879625

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

31/DEC/2015 CE 18000 33574 491550

31/DEC/2015 CE 17500 32902 468960

31/DEC/2015 CE 18500 24686 356040

31/DEC/2015 PE 16500 29023 403890

31/DEC/2015 PE 16000 25570 320700

31/DEC/2015 PE 17000 21490 663210

Page 5: CNX NIFTY Technical Report 07Dec-11Dec

WEEKLY TECHNICAL REPORT

7 DEC TO 11 DEC 15

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Weekly Recommendations:

DATE SYMBOL STRATEGY ENTRY TARGET STATUS

5 DEC 15 ASIANPAINT SELL BELOW 830 862 OPEN

28 NOV 15 ZEEL BUY ON DEEP 410 425-444 OPEN

21 NOV 15 BHARTIARTL BUY ON DEEP 340 352 OPEN

14 NOV 15 AXISBANK BUY ON DEEP 485-487 505 OPEN

31 OCT 15 YESBANK BUY ON DEEP 755-760 785 TARGET

ACHIEVED

17 OCT 15 CENTURYTEX BUY ON DEEP 555-558 578 BP AT 572

10 OCT 15 TATAMOTORS BUY ON DEEP 350-355 370 TARGET

ACHIEVED

1OCT 15 ITC BUY ABOVE 335 350 TARGET

ACHIEVED

26 SEP 15 COALINDIA BUY ON DEEP 342-340 355-370 EXIT AT 320

12 SEP 15 SBIN BUY ON DEEP 230-228 240-252 1ST TARGET ACHIEVED

22 AUG 15 MARUTI SELL ON RISE 4540-4550 4350-4150 ALL TARGET ACHIEVED

8 AUG 15 PETRONET BUY ON DEEP 185-183 195-205 1ST TARGET ACHIEVED

1 AUG 15 WIPRO BUY ON DEEP 570-565 595-625 1ST TARGET ACHIEVED

18 JUL 15 CESC BUY ON DEEP 585-580 610-635 1ST 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

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