Saturday, 10 September 2016

EQUITY (NIFTY) TECHNICAL REPORT

NIFTY 50 8866.70 (57.05)↑(0.65%)

This week markets open with a positive note. Nifty breaks the resistance level of 8850 and hit a new high at 8950. Nifty 50 has posted their biggest single-day 1.50 percentage gains On Tuesday. On Wednesday, The Nifty closed with a loss of 25 points at 8918. The Nifty opened at 8969 hitting a high of 8969 and low of 8913. On Thursday The Indian equity market opened in red. It subsequently recorded a high at 8960 levels. But, it began to witness selling pressure and fell below the immediate support at 8900 and the market was removed and close above 8950 levels. On Friday, the last Trading day of the week ended with loss with 85 points. But nifty takes a support level of 8850 and close at 8866. The Nifty50 (spot) opened the week at 8852.70, made a high of 8968.70 low of 8848.45 and closed the week at 8866.70. Thus the Nifty closed the week with a gaining of 57.05 points or 0.65%.
Formations
•The 20 days EMA are placed at 8748.59
•The 5 days EMA are placed at 8878.27

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 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

For Free Trial on Stock, Commodity & Forex Tips , Sign Up Here http://bit.ly/1T3cqCb

No comments:

Post a Comment