Equity Technical Weekly Report (18 Apr-22 Apr)

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EQUITY TECHNICAL REPORT WEEKLY [18 APR to 22 APR 2016] ZOID RESEARCH TEAM

description

NIFTY 50 7850.45 (295.25)↑(3.91).The Nifty daily chart is bullish; we advised to Buy Nifty future around 7800 target 8000. The Nifty future is selling pressure below 7550. Nifty upside weekly Resistance is 7975-8100 level. On the downside strong support at 7625-7400

Transcript of Equity Technical Weekly Report (18 Apr-22 Apr)

Page 1: Equity Technical Weekly Report (18 Apr-22 Apr)

EQUITY TECHNICAL REPORT WEEKLY [18 APR to 22 APR 2016]

ZOID RESEARCH TEAM

Page 2: Equity Technical Weekly Report (18 Apr-22 Apr)

WEEKLY TECHNICAL REPORT

18 APR TO 22 APR 16

www.zoidresearch.com ZOID RESEARCH TEAM

NIFTY 50 7850.45 (295.25) (3.91)

The week has started on a positive

note. Indices recouped earlier losses

to end with strong gains tracking

positive global cues on Monday. On

Tuesday See-saw movement was

there in the market nifty was

trading on mixed note. On

Wednesday Bulls made happy

before a long weekend. Cheerful

bullish trading session was

witnessed. Nifty50 index edged

above the key 7850 levels The Nifty

hit over three-month high. On

Thursday & Friday there is a trading

holiday due to Dr. Babasaheb

Ambedkar Jayanti & Ram Navami.

The Nifty50 opened the week at

7577.80, made a high of 7864.80,

low of 7516.85 and closed the week

at 7850.4. Thus the Nifty closed the

week with a gaining of 295.25 points

or 3.91%

Formations

The 20 days EMA are placed at

7717.93

The 5 days EMA are placed at

7625.36

Future Outlook:

The Nifty daily chart is bullish; we advised

to Buy Nifty future around 7800 target

8000. The Nifty future selling pressure

below 7550. Nifty upside weekly Resistance

is 7975-8100 level. On the downside strong

support at 7625-7400

Page 3: Equity Technical Weekly Report (18 Apr-22 Apr)

WEEKLY TECHNICAL REPORT

18 APR TO 22 APR 16

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Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol Resistance2 Resistance1 Pivot Support 1 Support 2

NIFTY 50 8092 7971 7744 7623 7396

AUTOMOBILE

BAJAJ-AUTO 2764.83 2673.67 2523.33 2432.17 2281.83

BOSCHLTD 21014.12 20521.58 19757.47 19264.93 18500.82

EICHERMOT 20589.43 20242.87 19621.43 19274.87 18653.43

HEROMOTOCO 3339.75 3243.90 3076.15 2980.30 2812.55

M&M 1437.12 1384.78 1297.42 1245.08 1157.72

MARUTI 3955.67 3843.63 3633.32 3521.28 3310.97

TATAMTRDVR 317.12 308.53 292.12 283.53 267.12

TATAMOTORS 435.98 422.37 398.13 384.52 360.28

CEMENT & CEMENT PRODUCTS

ACC 1506.32 1488.13 1456.82 1438.63 1407.32

AMBUJACEM 239.37 235.23 228.37 224.23 217.37

GRASIM 4240.52 4157.03 4035.72 3952.23 3830.92

ULTRACEMCO 3417.77 3345.73 3242.87 3170.83 3067.97

CONSTRUCTION

LT 1291.90 1263.40 1224.50 1196.00 1157.10

CONSUMER GOODS

ASIANPAINT 897.62 885.98 864.37 852.73 831.12

HINDUNILVR 935.30 916.50 880.80 862.00 826.30

ITC 342.68 336.97 326.98 321.27 311.28

ENERGY

BPCL 966.22 945.93 919.52 899.23 872.82

GAIL 390.88 380.22 361.88 351.22 332.88

NTPC 142.02 139.58 135.42 132.98 128.82

ONGC 221.52 217.43 211.32 207.23 201.12

POWERGRID 148.43 146.72 143.63 141.92 138.83

RELIANCE 1093.22 1079.63 1056.32 1042.73 1019.42

TATAPOWER 73.33 71.67 68.58 66.92 63.83

FINANCIAL SERVICES

AXISBANK 462.23 451.37 434.43 423.57 406.63

BANKBARODA 160.62 156.53 149.82 145.73 139.02

HDFCBANK 1111.95 1096.85 1069.85 1054.75 1027.75

HDFC 1154.82 1134.88 1097.52 1077.58 1040.22

ICICIBANK 259.75 250.20 234.65 225.10 209.55

INDUSINDBK 1030.40 1008.40 972.45 950.45 914.50

KOTAKBANK 723.85 708.10 684.20 668.45 644.55

SBIN 197.03 194.47 191.23 188.67 185.43

YESBANK 891.48 880.82 864.33 853.67 837.18

Page 4: Equity Technical Weekly Report (18 Apr-22 Apr)

WEEKLY TECHNICAL REPORT

18 APR TO 22 APR 16

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INDUSTRIAL MANUFACTURING

BHEL 143.15 138.40 130.70 125.95 118.25

IT

HCLTECH 858.25 847.90 836.15 825.80 814.05

INFY 1216.77 1194.73 1172.92 1150.88 1129.07

TCS 2626.73 2576.47 2494.73 2444.47 2362.73

TECHM 486.73 479.07 465.03 457.37 443.33

WIPRO 622.70 603.80 573.00 554.10 523.30

MEDIA & ENTERTAINMENT

ZEEL 422.23 412.07 399.83 389.67 377.43

METALS

COALINDIA 288.18 282.82 277.23 271.87 266.28

HINDALCO 104.07 100.18 94.02 90.13 83.97

TATASTEEL 347.22 340.03 329.02 321.83 310.82

SERVICES

ADANIPORTS 249.28 241.42 230.08 222.22 210.88

PHARMA

AUROPHARMA 822.20 803.65 777.45 758.90 732.70

CIPLA 525.93 518.92 507.98 500.97 490.03

DRREDDY 3200.10 3149.80 3072.40 3022.10 2944.70

LUPIN 1607.23 1578.07 1539.53 1510.37 1471.83

SUNPHARMA 852.75 842.90 826.05 816.20 799.35

TELECOM

BHARTIARTL 375.75 363.50 352.25 340.00 328.75

INFRATEL 416.57 401.13 384.57 369.13 352.57

IDEA 121.45 118.05 113.40 110.00 105.35

Weekly Top gainers stocks

Script Symbol Previous Close Current Price % Change In Points

BHEL 113.90 133.65 17.34% 19.75 M&M 1220.35 1332.45 9.19% 112.10 NTPC 126.20 137.15 8.68% 10.95

TATAMOTORS 376.70 408.75 8.51% 32.05 HINDALCO 88.95 96.30 8.26% 7.35

Weekly Top losers stocks

Script Symbol Previous Close Current Price % Change In Points

INFY 1200.70 1172.70 -2.33 -28.00 HCLTECH 838.75 837.55 -0.14 -1.20

NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA

Page 5: Equity Technical Weekly Report (18 Apr-22 Apr)

WEEKLY TECHNICAL REPORT

18 APR TO 22 APR 16

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Weekly FII’S Statistics*

DATE Buy Value Sell Value Net Value

13/APR/2016 4923.76 4279.49 644.27

12/APR/2016 3149.90 2842.18 307.72

11/APR/2016 4907.60 4800.37 107.23

Weekly DII’S Statistics*

DATE Buy Value Sell Value Net Value

13/APR/2016 2519.32 2249.43 269.89

12/APR/2016 1674.55 1736.29 -61.74

11/APR/2016 1382.93 1079.05 303.88

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

28/APR/2016 CE 7900 411215 5043975

28/APR/2016 CE 8000 384366 7233975

28/APR/2016 CE 7800 299166 3647625

28/APR/2016 PE 7800 306113 3898800

28/APR/2016 PE 7700 288443 4591500

28/APR/2016 PE 7600 249683 4423500

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

28/APR/2016 CE 16500 110289 396840

28/APR/2016 CE 17000 72904 738960

28/APR/2016 CE 16000 36313 313320

28/APR/2016 PE 16000 71132 462570

28/APR/2016 PE 15500 59738 575940

28/APR/2016 PE 15000 26430 530790

Page 6: Equity Technical Weekly Report (18 Apr-22 Apr)

WEEKLY TECHNICAL REPORT

18 APR TO 22 APR 16

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Weekly Recommendations:

DATE SYMBOL STRATEGY ENTRY TARGET STATUS

14 APR 16 RCOM BUY ON DEEP 52.75-52.50 55-58 OPEN

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

5 MAR 16 SBIN BUY ON DEEP 180-178 187-199 1ST TARGET ACHIEVED

27 FEB 16 CROMPGREAV BUY ABOVE 130 136-145 ALL TARGET ACHIEVED

20 FEB 16 ADANIPORT BUY ON DEEP 210-208 219-222 ALL TARGET ACHIEVED

13 FEB 16 APOLLOTYRE BUY ON DEEP 148-146 155-165 1ST TARGET ACHIEVED

30 JAN 16 IRB BUY ON DEEP 240-238 250 1ST TARGET ACHIEVED

23 JAN 16 CENTURYTEX BUY ON DEEP 520-517 545-570 EXIT AT 500

16 JAN 16 ASIANPAINT BUY ON DEEP 880-875 915-955 BP AT 907

9 JAN 16 DLF SELL BELOW 107 102 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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