weekly market outlook 30.04.12 by MoneySukh

VIEWS: 14 PAGES: 5

									Weekly Market Outlook                                                        28 April 2012
                                                                                                                                       make more, for sure.


                                                            SNAPSHOT
 DATA MATRIX FOR THE WEEK
                                                            After making a good bounce back in the last week, the Indian markets once again returned to the declining
     23th Apr 2012 - 27th Apr 2012                          path and in the F&O series expiry week the major indices were pounced by over one and half a percent. It
                                                            was after the plunge of first day that the markets never looked in confident position and kept losing
             Weekly Markets                                 traction till last, out of the five session's trade in the week, the markets closed lower in three, while the
                                                            other two sessions were mere consolidation with indices not showing any courage to break past their
Sensex                       17,134           -1.38%        range. There was shockwaves in the markets after global credit rating agency S&P threatened to
                                                            downgrade the sovereign bond rating of India and revised its economic outlook to negative from stable,
Nifty                         5,191           -1.89%        citing slow progress on its fiscal situation, as well as deteriorating economic indicators. Meanwhile there
Gold(US$/oz)                 1,666.3           1.42%        was good news for the OMCs reeling under cash crunch, the government in principle agreed to deregulate
                                                            diesel prices. On the F&O front, April series series ended on an absolutely flat note with marginal gains of
Re/US$                        52.45            0.73%        less than half a percent.The Technology and Software counters remained among the prominent laggards
                                                            in the series, which was countered by the sharp gains in rate sensitive Automobile counter.
Dow                          13,228            1.53%
Nasdaq                        3,069            2.30%           2500                       Volume* & Volatility Index (Nifty - Apr 2012)                            25

FX Res (US$ Bn)             294.603            0.50%           2000                                                                                                20
                                                               1500                                                                                                15
Net FII / DII Equity Activity (Rs Cr)                          1000                                                                                                10

Upto 27.04.12                  FIIs             DIIs             500                                                                                               5
                                                                       0                                                                                           0
Total Apr 2012               -2142.9          1029.8
                                                                           16-Apr 17-Apr 18-Apr 19-Apr 20-Apr 23-Apr 24-Apr 25-Apr 26-Apr 27-Apr
Total 2012                   37,089          -20,732           *NSE
                                                                                   Cash Volume (Rs bn)          F & O Volume (Rs bn)         Volatility Index %

        Weekly Sector Movement
Sectors                      Close                 %
Auto                         10,528              -2.09
Bankex                       11,685              -3.03
CD                            6,603              -1.25
CG                            9,393              -4.87
FMCG                          4,766              -0.81
Healthcare                    6,752              -0.94
IT                            5,568               1.96
Metal                        10,890              -3.44      The Bombay Stock Exchange (BSE) Sensex shaved off 239.59 points or 1.38% to 17134.25 during the week
                                                            ended April 27, 2012. The BSE Mid-cap index was down by 176.92 points or 2.76% to 6240.80 and the
Oil & Gas                     7,877              -0.84
                                                            Small-cap index down by 202.69 points or 2.94% to 6697.89. The S&P CNX Nifty plunged by 100.25 points
PSU                           7,099              -4.10      or 1.89% to 5190.60. On the National Stock Exchange (NSE), Bank Nifty down 307.80 points or 2.94% to
                                                            10148.70, CNX IT up 90.90 points or 1.55% to 5940.35 while CNX mid- cap down 257.80 points or 3.38% to
Realty                        1,663              -6.09      7368.60 and CNX Nifty Junior down 355.60 points or 3.40% to 10103.30.

 WEEK AHEAD
Since the coming holiday truncated week marks the start of the new month, investor's will see a lot of economic data pouring in. Auto and
cement stocks will be in the focus as both Indian automobile and cement industry will report their sales number for the month of April 2012.
Also, India's export data for the month of March 2012 would be announced next week. India's manufacturing PMI data is also due to be released
on May 2, 2012. Meanwhile, investor's will also be closely watching a meeting of expert committee of sugar decontrol, headed by Prime
Minister's Economic Advisory Council Chairman C Rangarajan, on May 3 to finally decided on the long pending 'sugar decontrol' issue. From
the earning front, results from FMCG giant-Hindustan Unilever- on Tuesday, 1 May 2012, Hero MotoCorp on Wednesday, 2 May 2012 and
Bank of Baroda on Friday 4 May 2012, will be the major one to watch. On the global front, investor's will be awaiting the release of Jobless Claims
data and Employment Situation data from US on May 3 and 4, 2012 respectively. On the whole quite lackluster sessions we are expecting in
upcoming weak though 5130-5150 could be the crucial support zone. Any drift below this level may further cause some panic among traders
though next level of support could be around 4960-4980. 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 Reg.No: BSE: INB 010985834, F&O: INF 010985834
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002                         NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, IN-
                                                                                                 DP-NSDL-140-2000
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
                                                                                                 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293
Website: www.moneysukh.com
Weekly Market Outlook
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    SENSEX 30-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 4th May Feb 2012
                                                              SUPPORT             CLOSE PRICE                RESISTANCE
                       SCRIP                           3rd      2nd       1st         27.04.12         1st       2nd       3rd    INCLINATION

Bajaj Auto Ltd                                         1490    1544       1563        1582.55         1617      1652      1706       Negative

Bharat Heavy Electricals Ltd.                          213      222       225          228.00          233       239       247       Negative

Bharti Airtel Ltd.                                     289      298       303          307.60          313       318       327       Negative

Cipla Ltd.                                             300      305       307          310.00          312       314       319        Neutral

Coal India Ltd.                                        334      343       347          351.35          357       362       371        Neutral

DLF Ltd.                                               161      171       176          181.35          186       190       200        Neutral

GAIL (India) Ltd.                                      315      322       326          329.35          332       335       341        Neutral

HDFC Bank Ltd.                                         517      529       535          540.55          546       552       563        Neutral

Hero MotoCorp Ltd.                                     2078    2128       2151        2174.45         2201      2228      2278        Positive

Hindalco Industries Ltd.                               112      115       117          118.80          120       122       125        Neutral

Hindustan Unilever Ltd.                                405      410       413          416.00          418       421       426       Negative

Housing Development Finance Corporation Ltd.           656      665       670          674.60          679       684       694        Neutral

ICICI Bank Ltd.                                        792      825       843          860.75          877       892       926        Positive

Infosys Ltd.                                           2296    2339       2364        2390.20         2407      2425      2468        Positive

ITC Ltd.                                               231      239       243          245.70          251       256       264        Positive

Jindal Steel & Power Ltd.                              441      463       472          481.65          495       508       530        Neutral

Larsen & Toubro Ltd.                                   1154    1188       1205        1221.45         1239      1256      1290        Neutral

Mahindra & Mahindra Ltd.                               680      697       705          712.50          721       730       746        Positive

Maruti Suzuki India Ltd.                               1350    1365       1372        1379.30         1388      1396      1411        Neutral

NTPC Ltd.                                              158      160       161          161.85          163       164       167        Neutral

Oil & Natural Gas Corpn. Ltd.                          252      258       260          262.60          266       269       275       Negative

Reliance Industries Ltd.                               724      733       738          742.10          746       750       759        Positive

State Bank Of India                                    2005    2069       2097        2125.70         2161      2197      2261       Negative

Sterlite Industries (India) Ltd.                        96      101       102          104.05          107       109       113       Negative

Sun Pharmaceutical Inds. Ltd.                          569      582       590          597.55          603       608       620        Positive

Tata Consultancy Services Ltd.                         1164    1183       1194        1205.45         1213      1221      1240        Positive

Tata Motors Ltd.                                       300      306       309          312.40          315       317       323        Neutral

Tata Power Company Ltd.                                100      102       103          103.55          104       105       106        Neutral

Tata Steel Ltd.                                        435      448       455          461.85          469       476       489        Neutral

Wipro Ltd.                                             394      400       403          405.80          409       412       418        Neutral


                                                                      2
Mansukh Securities and Finance Ltd                                               SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002         NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, IN-
                                                                                 DP-NSDL-140-2000
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
                                                                                 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293
Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                                  make more, for sure.


          NSE MIDCAP 50-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 4th May 2012
                                                   SUPPORT                  CLOSE PRICE               RESISTANCE                 Market Cap
                 SCRIP                      3rd      2nd         1st          27.04.12         1st        2nd           3rd       (Rs Crore)
ABB Ltd.                                   778         793       801           809.00          816          823        838           17143
Adani Power Ltd.                            58          61       62             62.85          64            66         68           13702
Aditya Birla Nuvo Ltd.                     876         905       917           929.70          946          962        991           10554
Allahabad Bank                             147         154       158           160.60          165          170        177            8030
Alstom Projects India Ltd.                 343         371       383           394.45          410          425        453            2644
Andhra Bank                                101         107       110           112.95          117          120        127            6320
Ashok Leyland Ltd.                          29          30       31             31.45          32            33         34            8368
Aurobindo Pharma Ltd.                      117         122       125           127.15          129          132        137            3702
Bajaj Holdings & Investment Ltd            802         824       833           842.70          855          867        888            9379
BEML Ltd.                                  478         505       518           529.75          545          559        586            2206
Bharat Electronics Ltd.                   1187        1307      1385          1461.85         1506         1549        1670          11695
Bharat Forge Ltd.                          296         305       310           315.45          320          324        333            7343
CESC Ltd.                                  233         242       246           250.10          256          261        270            3125
Cummins India Ltd.                         468         475       479           483.05          486          489        496           13390
DiviS Laboratories Ltd.                    806         819       825           830.75          837          844        857           11027
Educomp Solutions Ltd.                     171         180       184           188.00          193          197        206            1808
Great Eastern Shipping Company Ltd.        232         245       251           256.85          264          271        284            3912
GVK Power & Infrastructure Ltd.             14          15       15             15.45          16            17         18            2440
Housing Development & Infrastructure Ltd. 69            74       77             78.80          82            85         91            3302
IDBI Bank Ltd                               94          98       99            100.60          103          105        109           12861
India Cements Ltd.                          73          79       82             84.45          88            91         97            2594
Indian Bank                                199         205       208           210.65          214          217        223            9053
Indian Hotels Company Ltd.                  57          59       60             60.55          62            63         65            4599
Jain Irrigation Systems Ltd.                77          80       81             82.80          85            87         90            3355
JSW Steel Ltd.                             634         655       668           681.25          690          699        721           15200
Lanco Infratech Ltd.                        10          11       12             12.80          14            15         17            3082
Mphasis Ltd.                               353         360       364           368.30          371          374        381            7736
NCC Ltd.                                    41          46       48             50.00          52            55         59            1283
NHPC Ltd.                                   18          19       19             18.70          19            19         19           23002
Oil India Ltd                              438         448       452           456.05          463          470        481           27415
Opto Circuits (India) Ltd.                 178         181       183           184.30          186          187        191            4466
Oracle Financial Services Software Ltd    2450        2512      2547          2581.75         2608         2635        2696          21680
Oriental Bank Of Commerce                  216         226       232           238.00          242          246        257            6944
Petronet LNG Ltd.                          131         135       137           139.35          141          143        147           10451
Piramal Healthcare Ltd.                    419         427       431           435.50          439          443        451            7515
Punj Lloyd Ltd.                             46          49       51             52.20          54            56         60            1734
Reliance Capital Ltd.                      292         309       316           322.55          332          341        358            7923
Reliance Power Ltd                          92          97       99            100.70          103          106        111           28248
Shipping Corpn. Of India Ltd.               56          58       59             59.40          61            62         64            2767
Sintex Industries Ltd.                      62          67       68             69.95          73            75         79            1910
Syndicate Bank                              92          95       97             98.80          100          102        105            5947
Tata Chemicals Ltd.                        320         325       329           332.45          335          337        342            8469
Tata Global Beverages Ltd                  110         113       114           115.70          117          119        122            7155
Tech Mahindra Ltd.                         663         680       688           696.95          705          713        729            8887
Union Bank Of India                        202         211       215           219.95          224          229        238           12109
Unitech Ltd.                                23          24       25             25.90          27            27         29            6776
United Phosphorus Ltd.                      95         103       106           109.60          115          119        128            5061
Vijaya Bank Ltd                             53          54       55             55.85          57            58         59            2768
Voltas Ltd.                                 96         103       106           108.70          113          117        124            3597
Welspun Corp Ltd.                          107         116       119           123.00          127          132        140            2802


                                                                   3
Mansukh Securities and Finance Ltd                                            SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002      NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, IN-
                                                                              DP-NSDL-140-2000
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
                                                                              MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293
Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                               make more, for sure.

FORTHCOMING CORPORATE ACTIONS
  Ex-Date     Company Name                                NSE- Symbol                                  Purpose
  2-May-12    ABB Limited                                      ABB                    AGM AND DIVIDEND RS.3/- PER SHARE
  2-May-12    GM Breweries Limited                          GMBREW                   AGM AND DIVIDEND RS.2.50 PER SHARE
  3-May-12    HCL Infosystems Limited                      HCL-INSYS                3RD INTERIM DIVIDEND RE.1/- PER SHARE
  4-May-12    BOC India Limited                                BOC                    AGM AND DIVIDEND RS.1.50 PER SHARE
  4-May-12    Foseco India Limited                         FOSECOIND                             INTERIM DIVIDEND
  4-May-12    Abbott India Limited                        ABBOTINDIA                 AGM AND DIVIDEND RS.17/- PER SHARE
  8-May-12    State Bank of Mysore                        MYSOREBANK                       ANNUAL GENERAL MEETING
  8-May-12    Marico Limited                                 MARICO                           2ND INTERIM DIVIDEND
  9-May-12    Godrej Consumer Products Limited              GODREJCP                             INTERIM DIVIDEND
  9-May-12    Ramsarup Industries Limited                  RAMSARUP                        ANNUAL GENERAL MEETING
 10-May-12 Hexaware Technologies Limited                   HEXAWARE                   INTERIM DIVIDEND RS.1.50 PER SHARE
 10-May-12 Chemfab Alkalis Limited                        CHEMFALKAL                       ANNUAL GENERAL MEETING
 11-May-12 Bosch Limited                                   BOSCHLTD                         DIVIDEND-RS.50 PER SHARE
 11-May-12 Cambridge Solutions Limited                     CAMBRIDGE                       ANNUAL GENERAL MEETING
 14-May-12 Bata India Limited                              BATAINDIA        AGM /FINAL DIVID RS.5/- P/S & SPECIAL DIVID RE.1/- P/S
 15-May-12 State Bank of Bikaner and Jaipur                    SBBJ                        ANNUAL GENERAL MEETING
 16-May-12 Raymond Limited                                 RAYMOND                   AGM AND DIVIDEND RS.2.50 PER SHARE
 17-May-12 DIC India Limited                                 DICIND                        DIVIDEND - RS.4/- PER SHARE
 24-May-12 Infosys Limited                                     INFY              AGM / DIVIDEND - FINAL RS 22 + SPECIAL RS 10
 28-May-12 Reliance Industrial Infrastructure Limited          RIIL                  AGM AND DIVIDEND RS.3.50 PER SHARE
 31-May-12 Reliance Industries Limited                      RELIANCE                 AGM AND DIVIDEND RS.8.50 PER SHARE
 31-May-12 ICICI Bank Limited                              ICICIBANK                 AGM AND DIVIDEND RS.16.50 PER SHARE
  6-Jun-12    Thomas Cook (India) Limited                 THOMASCOOK                     DIVIDEND - RS.0.375/- PER SHARE
  8-Jun-12    Sesa Goa Limited                              SESAGOA                   AGM AND DIVIDEND RS.2/- PER SHARE
 12-Jun-12 Indo Rama Synthetics (India) Limited            INDORAMA                  AGM AND DIVIDEND RE.1/- PER SHARE
 12-Jun-12 MRO-TEK Limited                                  MRO-TEK                        ANNUAL GENERAL MEETING
 15-Jun-12 VST Industries Limited                            VSTIND                  AGM AND DIVIDEND RS.65/- PER SHARE
 19-Jun-12 CMC Limited                                         CMC                   AGM AND DIVIDEND RS.12.50 PER SHARE
 22-Jun-12 Granules India Limited                          GRANULES                   AGM AND DIVIDEND RS.2/- PER SHARE
 28-Jun-12 HDFC Bank Limited                               HDFCBANK                  AGM AND DIVIDEND RS.4.30 PER SHARE
 28-Jun-12 Hindustan Zinc Limited                          HINDZINC                  AGM AND DIVIDEND RE.0.90 PER SHARE
 28-Jun-12 Wipro Limited                                     WIPRO                    AGM AND DIVIDEND RS.4/- PER SHARE
 28-Jun-12 Xpro India Limited                              XPROINDIA                 AGM AND DIVIDEND RS.2.50 PER SHARE
  4-Jul-12    Magma Fincorp Limited                          MAGMA                   AGM AND DIVIDEND RE.0.60 PER SHARE
  5-Jul-12    Mahindra & Mahindra Financial Services Limited M&MFIN                  AGM AND DIVIDEND RS.14/- PER SHARE
  12-Jul-12   Mahindra Holidays & Resorts India Limited      MHRIL                    AGM AND DIVIDEND RS.4/- PER SHARE
  12-Jul-12   Jindal South West Holdings Limited          JINDALSWHL                       ANNUAL GENERAL MEETING
  12-Jul-12   Mahindra Lifespace Developers Limited         MAHLIFE                   AGM AND DIVIDEND RS.6/- PER SHARE
  13-Jul-12   EID Parry India Limited                       EIDPARRY                       ANNUAL GENERAL MEETING
  19-Jul-12   Manali Petrochemicals Limited               MANALIPETC                 AGM AND DIVIDEND RE.0.60 PER SHARE
  20-Jul-12   Goa Carbon Limited                          GOACARBON                   AGM AND DIVIDEND RS.4/- PER SHARE
  26-Jul-12   Binani Industries Limited                    BINANIIND                  AGM AND DIVIDEND RS.3/- PER SHARE
  27-Jul-12   Standard Industries Limited                      SIL                         DIVIDEND-RE.0.75 PER SHARE
  6-Aug-12    The India Cements Limited                    INDIACEM                   AGM AND DIVIDEND RS.2/- PER SHARE
  8-Aug-12 Cairn India Limited                                CAIRN                      ANNUAL GENERAL MEETING
 16-Aug-12 BASF India Limited                                  BASF                   AGM AND DIVIDEND RS.4/- PER SHARE

                                                                     4
Mansukh Securities and Finance Ltd                                          SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002    NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, IN-
                                                                            DP-NSDL-140-2000
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
                                                                            MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293
Website: www.moneysukh.com
Weekly Market Outlook
                                                                                                                            make more, for sure.




                              EQUITY CALLS PERFORMANCE FOR THE WEEK ENDED 27th Apr 2012
      Total No. of Calls                    Profitable Calls                 Positional/Hold                Exit/Stop Loss              Success Rate
                26                                  17                               1                              8                       68.00%




                  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
                                                                                      SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002              NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, IN-
                                                                                                                          PMS Regn No. INP000002387
                                                                                      DP-NSDL-140-2000
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
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