weekly market outlook 30.04.12
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Weekly Market Outlook 28 April 2012
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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
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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
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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
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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
This report is for the personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. Mansukh
Securities and Finance Ltd (hereinafter referred as MSFL) is not soliciting any action based on it. This report is not for public distribution and has been
furnished to you solely for your information and should not be reproduced or redistributed to any person in any form.
The report is based upon information that we consider reliable, but we do not represent that it is accurate or complete. MSFL or any of its affiliates or
employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information contained
in this report. MSFL or any of its affiliates or employees do not provide, at any time, any express or implied warranty of any kind, regarding any matter
pertaining to this report, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
The recipients of this report should rely on their own investigations.
MSFL and/or its affiliates and/or employees may have interests/positions, financial or otherwise in the securities mentioned in this report. This
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required from time to time. Nevertheless, MSFL is committed to providing independent and transparent recommendations to its clients, and would be
happy to provide information in response to specific client queries.
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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
MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293
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