Saturday 13 August 2016

EQUITY TECHNICAL REPORT (16 TO 19 AUGUST)

NIFTY 50 8672.15 (-11.00)↓(-0.13%)
The week has started on a flat note the Nifty comes off its 52-week high but ended above its key resistance level of 8700 and nifty close with a gain of 28 point 8711 on Monday. On Tuesday, the market was a consolidated; as investors digested the RBI's decision to keep rates unchanged but worried about inflation. On Wednesday, The Nifty started the session on a positive note at 8686. It subsequently recorded a high at 8690 levels. But, it began to witness selling pressure and fell below the immediate support at 8550. On Thursday, The market opened flat, but bearish sentiments Nifty slipped below the 8550 levels. But Nifty settled at 8592, up 19 points. On Friday, the last Trading day of the week ended with strong gains with 80 points and nifty takes a resistance level of 8700 and close at 8672. The Nifty50 (spot) opened the week at 8712.85, made a high of 8728.35 low of 8540.05 and closed the week at 8672.15. Thus the Nifty closed the week with a losing of -11.00 points or -0.13%.

Formations

The 20 days EMA are placed at 8583.19

The 5 days EMA are placed at 8635.85

Weekly Pivot Levels for Nifty 50 Stocks


Weekly Top Gainers Stocks


 Weekly Top Losers Stocks
 Weekly FII’S Statistics*

Weekly DII’S Statistics*

MOST ACTIVE NIFTY CALLS & PUTS

MOST ACTIVE BANK NIFTY CALLS & PUTS




Weekly Recommendations:


* FII & DII trading activity on NSE, BSE, and MCX’SX in Capital Market Segment (in Rs. Crores)
DISCLAIMER
Stock trading Tips 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

Get Free Trial in Stock Commodity & Forex. Fill Form Here http://bit.ly/1T3cqCb