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Weekly Market Outlook 07.01.12

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Weekly Market Outlook 07.01.12 Powered By Docstoc
					Weekly Market Outlook                                                      07 Jan 2012
                                                                                                                                           make more, for sure.


                                                            SNAPSHOT
 DATA MATRIX FOR THE WEEK
                                                            Indian equity markets commenced the first week of New Year with a bang, as the benchmark indices not
       2nd Jan 2012 - 6th Jan 2012                          only surged over two and half a percentage points but also completely recovered the ground lost in the
                                                            last week of 2011. The frontline indices got a positive start of the week and managed to gather some
                                                            impetus in final hours of the session to snap the first trading day of 2012 on an optimistic note with gains of
             Weekly Markets                                 under half a percent. But the New Year cheer re-invigorated bulls in the subsequent session as frontline
                                                            gauges took a quantum leap on the second trading session of 2012 by vehemently rallying close to three
Sensex                        15,868            2.74%
                                                            percentage points to re-conquer the psychological 4,750 (Nifty) and 15,900 (Sensex) levels. However, what
Nifty                          4,754            2.81%       followed in three of the following sessions was consolidation. However, the psychological 4,780 (Nifty)
                                                            and 16,900 (Sensex) levels time and again proved as though nuts to crack for the frontline indices as they
Gold(US$/oz)                  1,617.5           3.18%       failed to sail beyond those levels despite repeated attempts. Meanwhile, encouraging macroeconomic
                                                            reports and developments from the domestic front kept supporting sentiments through the week.
Re/US$                         52.67           -0.62%       Sentiments got buoyed on getting an encouraging manufacturing activity data which showed that the
Dow                           12,360            1.16%       sector resiliently bounced in December as it accelerated at a swiftest pace in last six months.

Nasdaq                         2,674            2.65%           2000                    Volume* & Volatility Index (Nifty - Dec-11 & Jan-12                            28
                                                                                                                                                                       27.5
FX Res (US$ Bn)              296.688           -1.39%           1500
                                                                                                                                                                       27
                                                                1000                                                                                                   26.5
Net FII / DII Equity Activity (Rs Cr)                                                                                                                                  26
                                                                 500
Upto 07.01.12                   FIIs             DIIs                                                                                                                  25.5
                                                                       0                                                                                               25
Total Jan 2012                 692.3            -280.7
                                                                           26-Dec 27-Dec 28-Dec 29-Dec 30-Dec           2-Jan    3-Jan    4-Jan     5-Jan    6-Jan
Total 2011                      692                -281         *NSE
S o urce: bs eindia.co m                                                           Cash Volume (Rs bn)            F & O Volume (Rs bn)            Volatility Index %

         Weekly Sector Movement
Sectors                       Close                  %
Auto                           8,174               0.37
Bankex                         9,736               6.36
CD                             5,379               1.80
CG                             8,547               5.94
FMCG                           4,032              -0.07
Healthcare                     5,971               1.70
IT                             5,878               2.19
Metal                          9,775               5.19
Oil & Gas                      7,688               2.11     Service sector activity in India also improved in December as the sector grew at the fastest pace since July on the
                                                            back of strong new business and output growth. Reports also showed that the government took a bold step to
PSU                            6,676               4.89     allow foreign individual investors, pension funds and trusts to directly invest in Indian equities. The
Realty                         1,389               0.94     encouraging weekly food inflation numbers too propped up investors' morale as food inflation plunged to the
                                                            negative terrain to -3.36% for the week ended December 24.

WEEK AHEAD
Next week the official third quarter result season will kick start with the numbers of IT bellwether Infosys on January 12 and will set the trend for
the third quarter numbers for the It industry. It is being said that top software exporters may report a rise in margins, aided by a weak rupee.
Also, market participants would be awaiting the release of IIP data for the month of November. As growth of eight core industries rebounded to
a robust 6.8 per cent in November, industrial growth is likely to be positive for the month after a contraction in October. Industrial growth was a
negative 5.1 per cent in October, when even revised core sector growth was just 0.3 per cent. From the global front traders will be eyeing, the US
Jobless Claims and Retail sales data on January 12, 2011 and finally the International trade data on January 13, 2011. Conclusively 4500-4860
could be the trading zone for the upcoming week though momentum still remains subdued. HAPPY TRADING...

     Please refer to important disclosures at the end of this report                          For Private circulation Only                           For Our Clients Only
                                                                                       1
      Mansukh Securities and Finance Ltd                                                               SEBI Regn No. BSE: INB010985834 /           NSE: INB230781431
      Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                                              PMS Regn No. INP000002387
      Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
      Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                              make more, for sure.


       SENSEX 30-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 13th Jan 2012
                                                             SUPPORT           CLOSE PRICE           RESISTANCE
                       SCRIP                          3rd      2nd      1st      06.01.12      1st      2nd        3rd    INCLINATION

Bajaj Auto Ltd                                        1395    1426      1443     1459.20      1474      1489      1520      Negative

Bharat Heavy Electricals Ltd.                         231      240      245       250.00       255      260        270       Positive

Bharti Airtel Ltd.                                    304      319      325       330.20       339      349        364      Negative

Cipla Ltd.                                            323      330      334       337.70       340      343        349       Positive

Coal India Ltd.                                       305      312      315       318.15       322      326        333       Neutral

DLF Ltd.                                              164      170      172       174.75       178      181        187      Negative

HDFC Bank Ltd.                                        413      431      442       452.50       460      467        486       Positive

Hero MotoCorp Ltd.                                    1546    1652      1694     1735.00      1800      1864      1970       Neutral

Hindalco Industries Ltd.                              107      112      115       118.75       121      123        128       Neutral

Hindustan Unilever Ltd.                               374      384      391       397.00       401      405        416      Negative

Housing Development Finance Corporation Ltd.          635      651      660       669.65       676      683        699       Positive

ICICI Bank Ltd.                                       680      714      733       751.35       766      781        814       Positive

Infosys Ltd.                                          2720    2778      2804     2830.65      2863      2895      2953       Positive

ITC Ltd.                                              192      197      199       202.10       204      206        210       Neutral

Jaiprakash Associates Ltd.                             49      51        52       53.15        55        56        58        Positive

Jindal Steel & Power Ltd.                             437      453      460       466.25       476      486        502       Neutral

Larsen & Toubro Ltd.                                  1019    1048      1063     1078.60      1092      1106      1135       Positive

Mahindra & Mahindra Ltd.                              612      632      644       656.25       664      671        691       Neutral

Maruti Suzuki India Ltd.                              889      916      933       949.15       960      971        999       Neutral

NTPC Ltd.                                             152      155      156       156.90       158      159        161       Neutral

Oil & Natural Gas Corpn. Ltd.                         246      251      253       255.80       258      261        266       Neutral

Reliance Industries Ltd.                              658      685      701       716.90       728      739        767      Negative

State Bank Of India                                   1585    1632      1654     1676.15      1702      1728      1776       Neutral

Sterlite Industries (India) Ltd.                       83      89        92       94.90        97        99        104       Neutral

Sun Pharmaceutical Inds. Ltd.                         481      490      494       498.15       504      509        518       Neutral

Tata Consultancy Services Ltd.                        1111    1141      1156     1170.95      1187      1203      1234       Neutral

Tata Motors Ltd.                                      189      196      199       203.15       206      208        215       Positive

Tata Power Company Ltd.                                83      88        90       91.90        95        97        102       Positive

Tata Steel Ltd.                                       327      344      353       363.20       370      377        393       Positive

Wipro Ltd.                                            389      398      402       405.50       411      416        425       Positive



                                                                    2
   Mansukh Securities and Finance Ltd                                           SEBI Regn No. BSE: INB010985834 /    NSE: INB230781431
   Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                   PMS Regn No. INP000002387
   Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
   Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                           make more, for sure.


         NSE MIDCAP 50-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 13th Jan 2012
                                                 SUPPORT               CLOSE PRICE              RESISTANCE              Market Cap
                SCRIP                     3rd        2nd        1st        06.01.12       1st       2nd         3rd      (Rs Crore)
Adani Power Ltd.                            61       63          64          64.55        65          66          68        14072
Allahabad Bank                             104      117         125         132.40       137         141         154         6305
Alstom Projects India Ltd.                 279      294         302         309.70       317         323         338         2076
Andhra Bank                                 80       82          83          84.55        85          86          88         4731
Ashok Leyland Ltd.                          22       23          23          23.45        24          24          25         6239
Aurobindo Pharma Ltd.                       83       87          88          90.05        93          95          99         2622
Bajaj Hindusthan Ltd.                       21       23          25          25.95        27          28          30         1659
BEML Ltd.                                  446      460         467         475.05       481         488         502         1978
Bharat Forge Ltd.                          245      252         255         259.05       262         266         273         6031
CESC Ltd.                                  193      202         208         213.05       217         220         229         2662
Cummins India Ltd.                         324      332         335         338.40       343         347         355         9380
DiviS Laboratories Ltd.                    745      759         765         772.00       779         787         801        10245
Educomp Solutions Ltd.                     180      190         195         200.15       205         209         219         1922
Great Eastern Shipping Company Ltd.        191      198         202         206.70       210         213         220         3148
GVK Power & Infrastructure Ltd.             12       12          12          12.57        13          13          13         1985
Hindustan Construction Company Ltd.         16       16          17          17.45        18          18          19         1059
Hotel Leela Venture Ltd.                    31       31          32          31.95        32          33          33         1239
Housing Development & Infrastructure Ltd. 47         52          54          56.80        59          61          65         2380
IDBI Bank Ltd                               78       80          82          83.20        84          86          88         8192
India Cements Ltd.                          65       67          68          68.85        70          71          73         2115
Indian Bank                                179      182         183         185.00       186         188         191         7951
Indian Hotels Company Ltd.                  57       58          59          60.20        61          62          63         4572
IVRCL Ltd.                                  27       29          30          30.90        32          32          34          825
Jain Irrigation Systems Ltd.                79       84          86          87.90        91          94          99         3562
JSW Steel Ltd.                             522      545         556         566.35       579         591         614        12636
Lanco Infratech Ltd.                         9       10          10          10.52        11          11          12         2533
Mahanagar Telephone Nigam Ltd.              20       23          24          25.65        27          27          30         1616
Mphasis Ltd.                               294      301         304         306.65       310         314         320         6440
NCC Ltd.                                    31       33          34          35.20        36          37          39          903
Oracle Financial Services Software Ltd    1875      1915       1940        1964.85       1980       1996        2036        16493
Patel Engineering Ltd.                      75       78          80          81.45        83          84          87          569
Petronet LNG Ltd.                          152      156         158         159.75       162         164         167        11981
Piramal Healthcare Ltd.                    370      376         380         383.40       386         388         394         6411
Praj Industries Ltd.                        74       76          77          77.60        78          79          80         1419
Punj Lloyd Ltd.                             36       38          40          40.85        42          43          45         1357
Rolta India Ltd.                            56       59          60          62.15        63          64          67         1003
Shipping Corpn. Of India Ltd.               48       50          51          51.65        53          53          55         2406
Sintex Industries Ltd.                      59       62          64          65.25        67          68          71         1781
Syndicate Bank                              69       73          75          77.00        78          80          84         4414
Tata Chemicals Ltd.                        301      306         308         310.90       313         315         320         7920
Tata Global Beverages Ltd                   87       90          92          93.75        95          96         100         5797
Tata Teleservices (Maharashtra) Ltd.        11       12          12          12.80        13          14          15         2428
Tech Mahindra Ltd.                         575      587         593         599.25       605         611         623         7631
Titan Industries Ltd.                      162      168         170         173.00       176         179         185        15359
Ultratech Cement Ltd.                     1074      1108       1128        1148.15       1162       1175        1209        31466
Unitech Ltd.                                18       19          20          20.10        21          21          22         5259
United Phosphorus Ltd.                     129      131         132         132.75       134         134         136         6130
Vijaya Bank Ltd                             42       45          47          48.05        49          50          53         2271
Voltas Ltd.                                 68       72          74          76.30        78          81          85         2525
Welspun Corp Ltd.                           88       94          97         100.75       103         105         111         2295




                                                                  3
   Mansukh Securities and Finance Ltd                                          SEBI Regn No. BSE: INB010985834 /  NSE: INB230781431
   Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                PMS Regn No. INP000002387
   Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
   Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                             make more, for sure.

FORTHCOMING RESULTS DATE

                                Q3FY12 - FORTHCOMMING RESULTS WITH EXPECTED DATE
     COMPANIES - Date                  COMPANIES - Date                  COMPANIES - Date                    COMPANIES - Date
        Sadhana Nitro 09-Jan-2012         Tata Inv Corp 16-Jan-2012           Karnataka Bank 21-Jan-2012       Chandrika Trade 30-Jan-2012
         Khodiyar Ind 09-Jan-2012        Motilal Oswal F 16-Jan-2012      Menon Bearings 22-Jan-2012              GDL Leasing 30-Jan-2012
          Amtek India 10-Jan-2012             Zee News 17-Jan-2012                  Persistent 22-Jan-2012         NEPC India 30-Jan-2012
        IndusInd Bank 10-Jan-2012          Chambal Fert 17-Jan-2012       Kotak Mahindra 23-Jan-2012              Clio Infotech 30-Jan-2012
     Savant Infocomm 10-Jan-2012              HCL Tech 17-Jan-2012                Super Sales 23-Jan-2012       Amarjothi Spin 30-Jan-2012
         Indag Rubber 11-Jan-2012          Mah Scooters 17-Jan-2012           Shukra Capitals 23-Jan-2012     IFM Impex Globa 30-Jan-2012
      Chemfab Alkalie 11-Jan-2012        Kajaria Ceramic 17-Jan-2012                 Colgate 23-Jan-2012        Taj GVK Hotels 30-Jan-2012
         Nalin Leasing 11-Jan-2012         Blue Star Info 17-Jan-2012    Lakshmi Machine 23-Jan-2012              MM Forgings 30-Jan-2012
          Adi Rasayan 11-Jan-2012         Infotech Enter 18-Jan-2012            Federal Bank 23-Jan-2012             Sawaca Fin 30-Jan-2012
        Cals Refineries 11-Jan-2012       Torrent Cables 18-Jan-2012           Shree Cements 23-Jan-2012           NEPC Paper 30-Jan-2012
       Jhaveri Weldflu 11-Jan-2012          Bajaj Finserv 18-Jan-2012    Shukra Diamonds 23-Jan-2012                 Noida Toll 30-Jan-2012
          Asahi Fibres 12-Jan-2012            NIIT Tech 18-Jan-2012           Rose Patel Merc 23-Jan-2012       Kumbh Finance 31-Jan-2012
        Libord Finance 12-Jan-2012         Bajaj Finance 18-Jan-2012          Kirloskar Broth 24-Jan-2012          Dabur India 31-Jan-2012
          TTK Prestige 12-Jan-2012            MindTree 18-Jan-2012                    NOCIL 24-Jan-2012            Acclaim Ind 31-Jan-2012
              Sheel Int 12-Jan-2012     Agro Tech Foods 18-Jan-2012                   Biocon 24-Jan-2012       Venlon Polyeste 31-Jan-2012
        GRUH Finance 12-Jan-2012        Mahindra Comp 18-Jan-2012         Garnet Construc 24-Jan-2012             Berger Paints 31-Jan-2012
                HDFC 12-Jan-2012           BN Rathi Sec 18-Jan-2012            Kirloskar Bros 24-Jan-2012          Suprajit Eng 31-Jan-2012
          Soma Papers 12-Jan-2012      CenturyPlyboard 19-Jan-2012            Sri Nachammai 24-Jan-2012          Bansisons Tea 31-Jan-2012
               Infosys 12-Jan-2012     Hindustan Media 19-Jan-2012            Indian Metals & 24-Jan-2012      Ankush Finstock 31-Jan-2012
                  DCB 12-Jan-2012             Bajaj Auto 19-Jan-2012           Blue Chip Tex 24-Jan-2012        Gangotri Textil 31-Jan-2012
            Libord Sec 12-Jan-2012        Banaras Beads 19-Jan-2012                  NELCO 24-Jan-2012             Nicco Parks 31-Jan-2012
         Bervin Invest 12-Jan-2012      Key Corporation 19-Jan-2012                3i Infotech 24-Jan-2012             Century 31-Jan-2012
           Geojit BNP 12-Jan-2012         Ador Welding 19-Jan-2012               Deepak Fert 25-Jan-2012         MB Parikh Fin 31-Jan-2012
           Sanghi Ind 12-Jan-2012       Dolphin Offshor 19-Jan-2012           Mirc Electronic 25-Jan-2012        Relic Life Scie 31-Jan-2012
          Goa Carbon 13-Jan-2012          Bajaj Holdings 19-Jan-2012            JB Chemicals 25-Jan-2012       Twin Roses Trad 31-Jan-2012
        Globus Constr 13-Jan-2012           HDFC Bank 19-Jan-2012                  MRO-TEK 25-Jan-2012         Galaxy Bearings 31-Jan-2012
            Sintex Ind 13-Jan-2012           Sumeru Ind 20-Jan-2012            WABCO India 25-Jan-2012             Jyoti Resins 31-Jan-2012
                 CMC 13-Jan-2012               JSW Steel 20-Jan-2012            Kirloskar Ind 25-Jan-2012      Bombay Potterie 31-Jan-2012
          Krishna Life 13-Jan-2012            Axis Bank 20-Jan-2012              L&T Finance 25-Jan-2012         Century Enka 31-Jan-2012
           Eskay Knit 13-Jan-2012             HT Media 20-Jan-2012               Jayshree Tea 25-Jan-2012              R.J. Shah 31-Jan-2012
        Padam Cotton 14-Jan-2012        Elcid Investmen 20-Jan-2012             Kirloskar Oil 25-Jan-2012        Bee Electronic 31-Jan-2012
      Jay BharatMarut 14-Jan-2012           Bank of Mah 20-Jan-2012            JSW Holdings 25-Jan-2012         Tirupati Sarjan 31-Jan-2012
          Aro Granite 14-Jan-2012                Wendt 20-Jan-2012        Sugal & Damani 25-Jan-2012           Varun Mercantil 31-Jan-2012
           Jubilant Ind 14-Jan-2012          Artson Eng 20-Jan-2012              Karur Vysya 27-Jan-2012        Dhunseri Petro 01-Feb-2012
              Cityman 15-Jan-2012           Hind Constr 20-Jan-2012       Nagarjuna Agric 27-Jan-2012              Amrit Corp 02-Feb-2012
      AshirwadCapital 16-Jan-2012           Bharat Bijlee 20-Jan-2012           United Credit 27-Jan-2012       Transport Corp 02-Feb-2012
       Auto Stampings 16-Jan-2012       Jayant Agro-Org 20-Jan-2012            Bio Whitegold 27-Jan-2012       Specular Market 02-Feb-2012
       Richirich Inven 16-Jan-2012          Foseco India 20-Jan-2012            ABC Bearings 27-Jan-2012       TCI Developers 02-Feb-2012
             Tata Elxsi 16-Jan-2012             GS Auto 21-Jan-2012           Lanco Industrie 27-Jan-2012     Walchand People 02-Feb-2012
         Morarjee Text 16-Jan-2012      Agro Tech Foods 21-Jan-2012                  Batliboi 27-Jan-2012      Ravi Leela Gran 05-Feb-2012
         South Ind Bk 16-Jan-2012                  SJVN 21-Jan-2012           Ponni Sugars(E) 27-Jan-2012        Mah and Mah 07-Feb-2012
      Swasti Vinayaka 16-Jan-2012          Force Motors 21-Jan-2012                    Wyeth 27-Jan-2012      Dishman Pharma 09-Feb-2012
       Dewan Housing 16-Jan-2012               JK Paper 21-Jan-2012       Seshasayee Pape 28-Jan-2012        Olympic Mgmtand 10-Feb-2012
       Magma Fincorp 16-Jan-2012           Zee Entertain 21-Jan-2012                   Nirlon 28-Jan-2012       Samrat Pharma 13-Feb-2012
      Swasti Vinayaka 16-Jan-2012           Asian Paints 21-Jan-2012     NEPC Agro Foods 30-Jan-2012                      DHP 13-Feb-2012
      ING Vysya Bank 16-Jan-2012            Oil Country 21-Jan-2012            NEPC Textiles 30-Jan-2012       India Lease Dev 14-Feb-2012


                                                                   4
  Mansukh Securities and Finance Ltd                                             SEBI Regn No. BSE: INB010985834 /  NSE: INB230781431
  Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                   PMS Regn No. INP000002387
  Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
  Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                                            make more, for sure.




                               EQUITY CALLS PERFORMANCE FOR THE WEEK ENDED 6th Jan 2012
       Total No. of Calls                   Profitable Calls                Positional/Hold                 Exit/Stop Loss              Success Rate
                27                                  23                               0                             4                        85.19%




                  NAME                                   DESIGNATION                                                   E-MAIL
               Varun Gupta                                Head - Research                                 varungupta@moneysukh.com
           Pashupati Nath Jha                             Research Analyst                            pashupatinathjha@moneysukh.com
              Vikram Singh                                Research Analyst                             vikram_research@moneysukh.com




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                                                                           5
    Mansukh Securities and Finance Ltd                                                    SEBI Regn No. BSE: INB010985834 /        NSE: INB230781431
    Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                                                PMS Regn No. INP000002387
    Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
    Website: www.moneysukh.com

				
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