EQUITY TECHNICAL REPORT

WEEKLY
[4 APR to 8 APR 2016]

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

4 APR TO 8 APR 16

NIFTY 50 7713.05 (-3.45) (0.045%)

The week has started on a positive note. Nifty
future opened above the 7700 level but before the
closing it came down below the 7611 level. Nifty
future has made a high of 7730 & low of 7634 & it
has closed above the level 7650 at 7659 on
Monday. On Tuesday Nifty retreated below the key
7600-mark, The NSE Nifty closed with a loss of 18
points at 7597. We had recommended on last week
research report (see our weekly report 28 MAR. to
1 APR) [WE ADVISED TO BUY NIFTY FUTURE
AROUND 7650 TARGET 7800. WE ARE EXPECTING
NIFTY TAKE A CORRECTION AROUND 7625-7650
OUR TARGET ALMOST ACHIEVED ON FIRDAY 31
MAR 2016]. On Thursday Nifty ended today's

session on a flat note amid volatility due to

expiration of derivative contracts for the month of
March. The Nifty futures started the March
derivatives expiry session on a negative note at
7734; and subsequently entered positive territory.
It breached a key resistance at 7,750 and recorded
an intra-day high at 7777. On Friday The market
turned lackluster at the start of the new financial
year as the dragging manufacturing data in euro
zone forced investors to book profit. The Nifty
futures April contract started the session on a
negative note at 7754 and continued to trade in
the negative territory. The Nifty50 opened the week
at 7741, made a high of 7777.60, low of 7582.25
and closed the week at 7713.05. Thus the Nifty
closed the week with a losing of -3.45 points.

Formations

The 20 days EMA are placed at

7740.90
The 5 days EMA are placed at
7741.05

www.zoidresearch.com

Future Outlook:
The Nifty daily chart is bullish; we advised
to buy nifty future around 7700 target
7875. Nifty selling pressure near below
7600. Nifty upside weekly Resistance is
7800-7880 level. On the downside strong
support at 7600-7500

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

4 APR TO 8 APR 16

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol
NIFTY 50

Resistance2

BAJAJ-AUTO
BOSCHLTD
EICHERMOT
HEROMOTOCO
M&M
MARUTI
TATAMTRDVR
TATAMOTORS

2527.95
21480.22
20230.65
3076.95
1294.40
3858.17
287.52
410.35

ACC
AMBUJACEM
GRASIM
ULTRACEMCO

1458.53
243.55
3978.00
3337.17

LT

1283.70

ASIANPAINT
HINDUNILVR
ITC

908.20
889.60
348.42

BPCL
GAIL
NTPC
ONGC
POWERGRID
RELIANCE
TATAPOWER

949.25
368.37
134.55
222.87
143.10
1070.05
68.80

7800
7691
AUTOMOBILE
2473.90
2402.95
20684.38
20204.17
19742.35
18961.70
3014.00
2923.00
1244.80
1216.40
3790.68
3710.32
336.78
353.27
395.00
378.25
CEMENT & CEMENT PRODUCTS
1436.17
1394.63
239.45
232.30
3915.40
3824.40
3270.43
3193.27
CONSTRUCTION
1260.80
1225.40
CONSUMER GOODS
889.10
865.90
878.70
867.10
342.23
330.62
ENERGY
918.25
890.90
358.03
351.67
132.25
129.55
215.83
211.97
140.70
138.60
1052.25
1033.95
67.00
63.70

472.77
164.13
1098.92
1203.30
252.97
1006.00
712.80
205.78
894.87

FINANCIAL SERVICES
461.33
440.57
158.47
147.83
1081.68
1061.67
1158.35
1125.30
245.63
234.02
983.65
947.65
696.35
678.45
200.72
193.68
875.23
855.37

AXISBANK
BANKBARODA
HDFCBANK
HDFC
ICICIBANK
INDUSINDBK
KOTAKBANK
SBIN
YESBANK
www.zoidresearch.com

7886

Resistance1

Pivot

Support 1

Support 2

7604

7496

2348.90
19408.33
18473.40
2860.05
1166.80
3642.83
402.53
362.90

2277.95
18928.12
17692.75
2769.05
1138.40
3562.47
419.02
346.15

1372.27
228.20
3761.80
3126.53

1330.73
221.05
3670.80
3049.37

1202.50

1167.10

846.80
856.20
324.43

823.60
844.60
312.82

859.90
341.33
127.25
204.93
136.20
1016.15
61.90

832.55
334.97
124.55
201.07
134.10
997.85
58.60

429.13
142.17
1044.43
1080.35
226.68
925.30
662.00
188.62
835.73

408.37
131.53
1024.42
1047.30
215.07
889.30
644.10
181.58
815.87

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

4 APR TO 8 APR 16

BHEL

126.12

HCLTECH
INFY
TCS
TECHM
WIPRO

839.53
1256.78
2595.23
492.03
585.38

ZEEL

404.58

INDUSTRIAL MANUFACTURING
121.28
115.87

111.03

105.62

805.37
1185.67
2408.67
456.32
549.27

790.33
1165.88
2363.43
449.53
536.38

375.17

363.58

292.17
87.23
313.63

285.83
81.97
301.52

284.67
77.28
285.28

241.87

233.73

224.57

732.37
515.48
2980.55
1430.95
810.37

706.23
493.62
2886.55
1313.90
774.73

682.57
472.68
2793.15
1162.95
734.37

342.88
381.58
108.57

324.77
370.17
102.03

314.08
354.73
96.97

IT
829.97
1231.12
2524.57
477.57
573.77

814.93
1211.33
2479.33
470.78
560.88

MEDIA & ENTERTAINMENT

395.67
384.08
METALS

COALINDIA
HINDALCO
TATASTEEL

299.67
97.18
341.98

293.33
91.92
329.87
SERVICES

ADANIPORTS

259.17

251.03

AUROPHARMA
CIPLA
DRREDDY
LUPIN
SUNPHARMA

782.17
558.28
3167.95
1698.95
886.37

756.03
536.42
3073.95
1581.90
850.73

BHARTIARTL
INFRATEL
IDEA

371.68
408.43
120.17

353.57
397.02
113.63

PHARMA

TELECOM

Weekly Top gainers stocks

Script Symbol
Previous Close
BANKBARODA
144.00
TATAPOWER
62.65
EICHERMOT
18554.05
ITC
324.25
INDUSINDBK
928.05

Current Price
152.80
65.20
19254.05
336.05
961.30

% Change
6.11%
4.07%
3.77%
3.64%
3.58%

In Points
8.80
2.55
700.00
11.80
33.25

Weekly Top losers stocks

Script Symbol
Previous Close
BHARTIARTL
358.20
HINDALCO
91.30
M&M
1249.35
HDFC
1162.75
LUPIN
1524.15

Current Price
335.45
86.65
1195.20
1113.40
1464.85

% Change
-6.35%
-5.09%
-4.33%
-4.24%
-3.89%

In Points
-22.75
-4.65
-54.15
-49.35
-59.30

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ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

4 APR TO 8 APR 16
Weekly FIIS Statistics*
DATE

Buy Value

Sell Value

Net Value

1/APR/2016

3725.52

3511.51

214.01

31/MAR/2016

11230.72

7174.10

4056.62

30/MAR/2016

5866.32

4423.85

1442.47

29/MAR/2016

4577.65

4064.20

513.45

28/MAR/2016

5346.52

3303.58

2042.94

DATE

Buy Value

Sell Value

Net Value

1/APR/2016

1159.75

1679.66

-519.91

31/MAR/2016

3473.08

6363.65

-2890.57

30/MAR/2016

1907.34

2304.24

-396.90

29/MAR/2016

1834.08

2390.77

-556.69

28/MAR/2016

1408.82

3903.26

-2494.44

Weekly DIIS Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

23/MAR/2016

CE

7800

187973

3208125

23/MAR/2016

CE

8000

159106

5584050

23/MAR/2016

CE

7900

140768

3955950

23/MAR/2016

PE

7700

186054

2208450

23/MAR/2016

PE

7600

180849

3195525

23/MAR/2016

PE

7500

163855

4424325

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE

TYPE

STRIKE PRICE

VOLUME

OPEN INTEREST

23/MAR/2016

CE

17000

33683

388500

23/MAR/2016

CE

16500

31326

330930

23/MAR/2016

CE

17500

16355

173370

23/MAR/2016

PE

15500

26373

191700

23/MAR/2016

PE

15000

26106

310860

23/MAR/2016

PE

16000

25720

148410

www.zoidresearch.com

ZOID RESEARCH TEAM

WEEKLY TECHNICAL REPORT

4 APR TO 8 APR 16
Weekly Recommendations:
DATE

SYMBOL

STRATEGY

ENTRY

TARGET

STATUS

2 APR 16

TATAMOTORS

BUY ON DEEP

378-380

395-412

OPEN

26 MAR 16

BATAINDIA

BUY ON DEEP

500-498

520-550

OPEN
ST

1 TARGET
ACHIEVED
ALL TARGET
ACHIEVED
1ST TARGET
ACHIEVED
ALL TARGET
ACHIEVED
ALL TARGET
ACHIEVED
1ST TARGET
ACHIEVED
1ST TARGET
ACHIEVED

19 MAR 16

DLF

BUY ABOVE

108.5

114-120

12 MAR 16

TATAMOTORS

BUY ON DEEP

348-350

365-380

5 MAR 16

SBIN

BUY ON DEEP

180-178

187-199

27 FEB 16

CROMPGREAV

BUY ABOVE

130

136-145

20 FEB 16

ADANIPORT

BUY ON DEEP

210-208

219-222

13 FEB 16

APOLLOTYRE

BUY ON DEEP

148-146

155-165

30 JAN 16

IRB

BUY ON DEEP

240-238

250

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

26 DEC 15

VEDL

BUY ON DEEP

92

95.50

19 DEC 15

CROMPGREAV

BUY ON DEEP

188-187

194-202

TARGET
ACHIEVED
TARGET
ACHIEVED
ALL TARGET
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

Zoid Research
Office 101, Shagun Tower
A.B. Commercial Road, Indore
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Mobile: +91 9039073611
Email: info@zoidresearch.com
Website: www.zoidresearch.com
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ZOID RESEARCH TEAM