EQUITY TECHNICAL REPORT

WEEKLY
[20 MAR to 24 MAR 2017]

ZOID RESEARCH TEAM

 WEEKLY TECHNICAL REPORT

20 MAR TO 24 MAR 17

NIFTY 50 9160.05 (225.50) (2.52%)

The benchmark Index Nifty had a given a gap
up opening of 157 points and hit its all time
high at 9122 on Tuesday. as investors saw
the BJP government win in India biggest state
UP. The BJP government got 325 seats out of
403 seats. The Nifty gained 1.5 percent on
Tuesday. We had recommended on last week
research report (see our weekly report 13
MAR 2017 TO 17 MAR 2017) [we advised to
Nifty future buy above 9000 targets will be
9100-9250. OUR TARGET ACHIEVED ON
TUESDAY 14/MAR/2017 NIFTY MADE
HIGH AT 9122.75]. On Wednesday, the
Indian benchmark index Nifty traded in a
short range of 31 points. After a big rally on
Tuesday and Market closed flat with a
negative bias. On Thursday, Indian
benchmark index Nifty rose as much as 0.85%
to a record high of 9152 and nifty continues
following the buying trend and Tracking
positive global cues. On Friday, The
benchmark Index Nifty settled opened with
another upside gap above 9200. However, post
opening, the stock-specific profit booking was
witnessed which led the market breadth
marginally in favor of the declines. The
benchmark Index Nifty50 (spot) opened the
week at 9091.65, made a high of 9218.40 low
of 9060.50 and closed the week at 9160.05.
Thus the Nifty closed the week with a gaining
of 255.50 points or 2.52%.
Future Outlook:
Formations The Nifty daily chart is consolidate . we
The 20 days EMA are placed at
advised to if Nifty future trade above
9200 then targets will be 9300-9400. Or
8949.63
if nifty future trade below 9075 then
The 5 days EMA are placed at target will be 8975-8850. Nifty upside
9094.90 weekly Resistance is 9230-9300 level.
On the downside strong support at
9075-8975
www.zoidresearch.com ZOID RESEARCH TEAM
 WEEKLY TECHNICAL REPORT

20 MAR TO 24 MAR 17

Weekly Pivot Levels for Nifty 50 Stocks

Script Symbol Resistance2 Resistance1 Pivot Support 1 Support 2
NIFTY 50 (SPOT) 9304 9232 9146 9074 8988
AUTOMOBILE
BAJAJ-AUTO 2999.73 2956.12 2905.08 2861.47 2810.43
BOSCHLTD 23638.27 23218.53 22720.27 22300.53 21802.27
EICHERMOT 25570.70 25131.05 24348.30 23908.65 23125.90
HEROMOTOCO 3441.63 3394.27 3364.63 3317.27 3287.63
M&M 1377.75 1340.80 1320.40 1283.45 1263.05
MARUTI 6359.93 6276.27 6143.13 6059.47 5926.33
TATAMTRDVR 299.87 293.43 287.57 281.13 275.27
TATAMOTORS 492.13 484.32 476.38 468.57 460.63
CEMENT & CEMENT PRODUCTS
ACC 1443.57 1427.53 1415.42 1399.38 1387.27
AMBUJACEM 239.23 236.67 233.83 231.27 228.43
GRASIM 1100.23 1070.82 1036.58 1007.17 972.93
ULTRACEMCO 4205.20 4122.50 4011.25 3928.55 3817.30
CONSTRUCTION
LT 1606.18 1579.37 1548.18 1521.37 1490.18
CONSUMER GOODS
ASIANPAINT 1122.35 1100.90 1070.75 1049.30 1019.15
HINDUNILVR 937.75 920.15 899.60 882.00 861.45
ITC 302.15 291.70 278.45 268.00 254.75
ENERGY
BPCL 661.37 651.73 640.37 630.73 619.37
GAIL 393.65 384.40 378.60 369.35 363.55
NTPC 393.65 384.40 378.60 369.35 363.55
ONGC 196.50 193.25 191.35 188.10 186.20
POWERGRID 201.27 197.63 195.07 191.43 188.87
RELIANCE 1336.67 1318.68 1301.97 1283.98 1267.27
TATAPOWER 90.12 88.23 85.32 83.43 80.52
FINANCIAL SERVICES
AXISBANK 533.88 525.52 517.28 508.92 500.68
BANKBARODA 174.17 169.53 165.02 160.38 155.87
HDFCBANK 1440.85 1433.35 1420.00 1412.50 1399.15
HDFC 1486.20 1468.70 1441.00 1423.50 1395.80
ICICIBANK 291.37 285.98 282.82 277.43 274.27
INDUSINDBK 1425.52 1404.53 1374.92 1353.93 1324.32
KOTAKBANK 869.88 859.07 845.53 834.72 821.18
SBIN 283.62 278.88 275.77 271.03 267.92
YESBANK 1560.90 1534.40 1518.95 1492.45 1477.00

www.zoidresearch.com ZOID RESEARCH TEAM

 WEEKLY TECHNICAL REPORT

20 MAR TO 24 MAR 17

INDUSTRIAL MANUFACTURING
BHEL 178.48 173.57 166.83 161.92 155.18
IT
HCLTECH 891.75 878.75 858.00 845.00 824.25
INFY 1055.43 1047.87 1035.33 1027.77 1015.23
TCS 2628.88 2577.32 2535.58 2484.02 2442.28
TECHM 498.92 491.58 480.47 473.13 462.02
WIPRO 517.82 511.03 500.22 493.43 482.62
MEDIA & ENTERTAINMENT
ZEEL 533.75 526.50 520.90 513.65 508.05
METALS
COALINDIA 306.95 298.10 293.15 284.30 279.35
HINDALCO 206.90 201.55 195.00 189.65 183.10
TATASTEEL 532.13 517.17 493.78 478.82 455.43
SERVICES
ADANIPORTS 344.27 334.83 319.47 310.03 294.67
PHARMA
AUROPHARMA 851.82 769.68 611.87 529.73 371.92
CIPLA 613.40 605.35 597.85 589.80 582.30
DRREDDY 2787.62 2761.93 2739.32 2713.63 2691.02
LUPIN 1492.78 1474.67 1457.33 1439.22 1421.88
SUNPHARMA 756.50 732.00 704.55 680.05 652.60
TELECOM
BHARTIARTL 379.35 363.10 353.55 337.30 327.75
INFRATEL 319.47 314.58 310.12 305.23 300.77
IDEA 123.50 115.80 108.75 101.05 94.00

Weekly Top gainers stocks

Script Symbol Previous Close Current Price % Change In Points
ADANIPORT 298.80 325.40 8.90% 26.60
TATASTEEL 467.75 502.20 7.37% 34.45
ITC 263.45 281.25 6.76% 17.80
BHEL 158.10 168.65 6.67% 10.55
EICHERMOT 23356.55 24691.40 5.72% 1334.85

Weekly Top losers stocks

Script Symbol Previous Close Current Price % Change In Points
COALINDIA 316.30 289.25 -8.55% -27.05
BHARATIARTL 364.90 346.85 -4.95% -18.05
ONGC 191.60 190.00 -0.84% -1.60
GAIL 378.25 375.15 -0.82% -3.10
TCS 2542.25 2525.75 -0.65% -16.60

www.zoidresearch.com ZOID RESEARCH TEAM

 WEEKLY TECHNICAL REPORT

20 MAR TO 24 MAR 17

Weekly FIIS Statistics*

DATE Buy Value Sell Value Net Value

17/MAR/2017 11396.65 9864.26 1532.39
16/MAR/2017 5577.13 4217.03 1360.10
15/MAR/2017 5958.40 4817.27 1141.13
14/MAR/2017 10204.74 6116.85 4087.89

Weekly DIIS Statistics*

DATE Buy Value Sell Value Net Value

17/MAR/2017 2930.00 3641.50 -711.50
16/MAR/2017 3187.22 3275.39 -88.17
15/MAR/2017 3197.36 3070.61 126.75
14/MAR/2017 3208.02 4727.96 -1519.84

MOST ACTIVE NIFTY CALLS & PUTS

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

30/MAR/2017 CE 9200 219632 5763225
30/MAR/2017 CE 9300 158366 4394325
30/MAR/2017 CE 9100 110184 3108900
30/MAR/2017 PE 9100 175782 4760625
30/MAR/2017 PE 9000 154832 5408400
30/MAR/2017 PE 9200 146547 2122200

MOST ACTIVE BANK NIFTY CALLS & PUTS

EXPIRY DATE TYPE STRIKE PRICE VOLUME OPEN INTEREST

23/MAR/2017 CE 21500 93659 402040
23/MAR/2017 CE 21400 79403 295080
23/MAR/2017 CE 21300 75042 336440
23/MAR/2017 PE 21000 70425 267960
23/MAR/2017 PE 21200 59990 211800
23/MAR/2017 PE 21100 50882 166120

www.zoidresearch.com ZOID RESEARCH TEAM

 WEEKLY TECHNICAL REPORT

20 MAR TO 24 MAR 17

Weekly Recommendations:-

DATE SYMBOL STRATEGY ENTRY TARGET STATUS

18 MAR 17 AUROPHARMA BUY ON DEEP 698 727-760 OPEN

11 MAR 17 SUNTV BUY ABOVE 745 775-805 BOOK AT 770

1ST TARGET
4 MAR 17 APOLLOTYRE BUY ON DEEP 182-183 190-198
ACHIEVED
1ST TARGET
25 FEB 17 HEXAWARE BUY ON DEEP 221-220 229-240
ACHIEVED
1ST TARGET
18 FEB 17 SIEMENS BUY ON DEEP 1212-1205 1260-1315
ACHIEVED
1ST TARGET
11 FEB 17 MOTHERSUMI BUY ON DEEP 350-352 365-380
ACHIEVED
4 FEB 17 LICHSGFIN BUY ON DEEP 550-555 577-605 BOOK AT 569
1ST TARGET
28 JAN 17 LUPIN BUY ON DEEP 1490-1500 1560-1620
ACHIEVED
1ST TARGET
21 JAN 17 AMBUJACEM BUY ON DEEP 216-218 226-236
ACHIEVED
1ST TARGET
7 JAN 17 MOTHERSUMI BUY ON DEEP 332-330 345-360
ACHIEVED
ALL TARGET
31 DEC 16 VEDL BUY AROUND 216 225-235
ACHIEVED
1ST TARGET
24 DEC 16 SUNPHARMA BUY ABOVE 625 650-675
ACHIEVED
1ST TARGET
17 DEC 16 HDFCBANK BUY ABOVE 1200 1250-1300
ACHIEVED
10 DEC 16 HINDALCO BUY ON DEEP 182-180 189-200 EXIT AT 172

* 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
452001
Mobile: +91 9039073611
Email: info@zoidresearch.com
Website: www.zoidresearch.com

www.zoidresearch.com ZOID RESEARCH TEAM