Weekly Market Outlook

21 April 2012

make more, for sure.

DATA MATRIX FOR THE WEEK 16th Apr 2012 - 20th Apr 2012 Weekly Markets
Sensex Nifty Gold(US$/oz) Re/US$ Dow Nasdaq FX Res (US$ Bn) 17,374 5,291 1,642.9 52.07 13,029 3,000 293.141 1.63% 1.61% -0.99% 1.03% 1.39% -0.37% 0.07%

SNAPSHOT
After suffering over two percentage point laceration last week, Indian stock markets managed to regain some vitality in the week gone by, thanks largely to the RBI's bolder than expected liquidity easing stance. Despite closing in the positive territory in four out of the five session, the domestic markets only managed over one and half a percent gains as market participants lacked any significant triggers to open fresh bets post RBI's Monetary and Credit Policy. Stock markets in India made a cautiously optimistic start of the vital week as it became increasingly certain that in the backdrop of weak February industrial production numbers and slight moderation in March WPI inflation to 6.89% v/s 6.95% in February, the Indian central bank, would start the liquidity easing cycle by cutting key interest rates. The benchmark indices rallied with enthusiasm on Tuesday as market bulls fervently covered hefty short positions that got build up in the past week after RBI delivered a substantial 50 basis points rate cut. The broader markets too snapped the week on a positive note with gains of over a percent but underperformed their larger peers.
2000 1500 1000 500 0 9-Apr 10-Apr 11-Apr 12-Apr 13-Apr 16-Apr 17-Apr 18-Apr 19-Apr 20-Apr *NSE Cash Volume (Rs bn) F & O Volume (Rs bn) Volatility Index % Volume* & Volatility Index (Nifty - Apr 2012) 24 23 22 21 20 19 18 17

Net FII / DII Equity Activity (Rs Cr) Upto 20.04.12

Total Apr 2012 Total 2012

FIIs
218.5 39,451

DIIs
-87.7 -21,850

Weekly Sector Movement

Sectors
Auto Bankex CD CG FMCG Healthcare IT Metal Oil & Gas PSU Realty
WEEK AHEAD

Close
10,753 12,050 6,687 9,874 4,805 6,816 5,461 11,279 7,944 7,403 1,771

%
5.88 1.39 0.72 -0.27 2.98 1.82 1.05 3.33 -0.47 1.56 0.38
In the sectoral space, the Auto counter rallied in top gear with BSE auto index rising for a seventh straight session to a new all-time high on expectations that sales will improve after the RBI's 50 basis points cut in repo rate. Conversely, Oil & Gas sector remained top laggard for the week ahead of heavyweight Reliance Industries fourth quarter earnings announcement. On NSE, Bank Nifty up 150.25 points or 1.46% to 10456.50, CNX IT up 66.60 points or 1.15% to 5849.45 while CNX mid- cap up 46.80 points or 0.62% to 7626.40 and CNX Nifty Junior up 40.65 points or 0.39% to 10458.90.

For the up coming week, the Volatility is expected to be at the fore as traders are expected to adjust their position with expiry of April F&O contracts on Thursday April 26, 2012. Nevertheless, quarterly earnings of Reliance Industries, which has reported 21% drop in net earnings is also expected to guide the markets in the coming week. Furthermore, trader's are expected to brace up for petrol price hike in the coming week as state-run oil companies have served an ultimatum to the government stating that they would hike petrol price by almost Rs 10 per litre, if the government did not reduce excise duty or did not compensate their Rs 49-crore daily loss on the fuel. Meanwhile, market men too would eye the EGoM meet for 'sugar export policy' on April 25. The minister would discuss the mechanism for exports of 1 million tonnes of sugar, allowed for overseas sales on 26 March. On the global front, investors would eyeing the release of key economic data from US, starting from New Home Sales data on April 24,2012 followed by Durable Goods Orders , FOMC Meeting Announcement coupled with Jobless Claims data along with GDP data would be released in the coming. On the Technical view for the coming week, 5200 followed by 5120 are likely to be good support levels for the Nifty, while the index may face resistance at 5360 and 5440 levels. HAPPY TRADING...
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only

Mansukh Securities and Finance Ltd

Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com Website: www.moneysukh.com

SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, INDP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Weekly Market Outlook

make more, for sure.

SENSEX 30-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 27th April Feb 2012
SUPPORT SCRIP
Bajaj Auto Ltd Bharat Heavy Electricals Ltd. Bharti Airtel Ltd. Cipla Ltd. Coal India Ltd. DLF Ltd. GAIL (India) Ltd. HDFC Bank Ltd. Hero MotoCorp Ltd. Hindalco Industries Ltd. Hindustan Unilever Ltd. Housing Development Finance Corporation Ltd. ICICI Bank Ltd. Infosys Ltd. ITC Ltd. Jindal Steel & Power Ltd. Larsen & Toubro Ltd. Mahindra & Mahindra Ltd. Maruti Suzuki India Ltd. NTPC Ltd. Oil & Natural Gas Corpn. Ltd. Reliance Industries Ltd. State Bank Of India Sterlite Industries (India) Ltd. Sun Pharmaceutical Inds. Ltd. Tata Consultancy Services Ltd. Tata Motors Ltd. Tata Power Company Ltd. Tata Steel Ltd. Wipro Ltd.

CLOSE PRICE 1st 1672 242 321 318 358 194 357 546 2169 123 417 677 851 2372 243 495 1275 711 1376 163 262 727 2236 108 581 1076 313 92 465 421 20.04.12 1708.85 246.05 324.15 321.10 362.55 197.30 360.80 551.10 2187.90 125.00 422.50 684.50 860.50 2406.25 245.30 505.75 1292.05 726.65 1390.85 165.50 266.15 731.45 2260.45 109.05 588.85 1089.40 316.70 105.00 470.40 424.40 1st

RESISTANCE 2nd 1794 256 332 326 369 206 367 563 2234 130 432 700 888 2462 250 528 1333 745 1430 171 280 744 2311 113 613 1121 325 121 480 430 3rd 1873 265 339 331 378 213 374 575 2275 135 442 715 912 2525 255 550 1371 771 1465 176 291 754 2361 117 633 1151 333 142 490 436
INCLINATION

3rd 1557 230 309 311 344 184 347 529 2109 117 402 653 818 2274 236 463 1219 670 1326 156 246 712 2163 102 553 1033 300 57 449 412

2nd 1636 239 317 316 353 191 354 540 2151 121 412 669 842 2337 240 485 1257 695 1360 161 258 722 2213 106 573 1062 309 78 459 418

1751 251 328 323 366 201 364 557 2211 128 427 692 874 2434 248 517 1313 736 1411 168 273 738 2286 111 601 1105 321 113 475 427

Positive Negative Neutral Positive Positive Negative Neutral Positive Positive Neutral Neutral Neutral Neutral Neutral Neutral Negative Neutral Positive Positive Neutral Neutral Negative Neutral Positive Negative Neutral Positive Positive Neutral Neutral

Mansukh Securities and Finance Ltd

Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com Website: www.moneysukh.com

SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, INDP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Weekly Market Outlook

make more, for sure.
NSE MIDCAP 50-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 27th April 2012
SCRIP 3rd SUPPORT 2nd
67 946 181 368 122 30 129 30 526 308 257 475 810 196 245 17 23 83 104 91 219 62 59 82 726 17 27 378 53 2604 115 145 440 72 53 91 60 79 107 335 117 14 697 231 1424 27 126 58 113 128

CLOSE PRICE 1st

68 970 183 379 123 31 131 30 540 314 260 480 822 200 251 17 24 85 105 93 222 63 60 85 738 17 27 381 55 2632 117 149 442 73 54 92 61 80 108 339 119 14 704 234 1442 27 127 59 114 130

20.04.12
69.20 994.70 184.55 390.35 124.10 31.20 133.15 30.55 554.00 319.75 262.90 485.20 834.70 203.55 256.65 17.75 24.45 87.00 106.00 95.45 224.15 63.50 61.70 86.80 750.55 17.25 27.60 384.90 56.20 2660.00 119.05 152.85 444.95 73.50 55.05 93.20 62.25 80.70 109.35 343.30 121.60 14.33 710.70 237.45 1461.25 28.00 127.85 59.70 115.30 132.00

1st
71 1019 187 402 125 32 135 31 564 327 268 490 851 208 265 19 25 90 108 98 228 64 63 91 765 18 28 390 58 2700 122 158 448 74 57 94 64 82 111 350 125 15 721 242 1474 29 129 61 117 136

RESISTANCE 2nd
74 1043 188 414 127 32 137 32 575 335 274 494 868 213 273 19 26 93 110 100 232 65 65 95 780 18 29 395 60 2739 125 162 450 75 58 96 67 83 112 356 128 15 732 246 1486 29 130 62 119 139

Market Cap
3rd
77 1091 192 437 129 33 140 34 599 349 282 503 897 221 287 21 27 98 112 105 239 67 68 101 807 19 30 403 63 2807 131 171 455 76 61 98 70 85 115 367 134 15 750 254 1517 31 132 64 122 145

(Rs Crore)
15086 11291 9228 2616 6944 8301 3876 1953 2307 7444 3285 13450 11079 1957 3909 2803 1483 3645 10437 2932 9633 4823 1647 3517 16746 4153 1739 8084 1442 22337 831 11464 7678 1310 1828 1504 2900 2203 6582 8746 7520 2719 9060 21080 40048 7326 5904 2958 3815 3007

Adani Power Ltd. 63 Aditya Birla Nuvo Ltd. 898 Allahabad Bank 178 Alstom Projects India Ltd. 345 Andhra Bank 119 Ashok Leyland Ltd. 29 Aurobindo Pharma Ltd. 126 Bajaj Hindusthan Ltd. 28 BEML Ltd. 501 Bharat Forge Ltd. 295 CESC Ltd. 248 Cummins India Ltd. 466 DiviS Laboratories Ltd. 781 Educomp Solutions Ltd. 188 Great Eastern Shipping Company Ltd. 231 GVK Power & Infrastructure Ltd. 15 Hindustan Construction Company Ltd. 22 Housing Development & Infrastructure Ltd. 78 IDBI Bank Ltd 101 India Cements Ltd. 86 Indian Bank 212 Indian Hotels Company Ltd. 61 IVRCL Ltd. 55 Jain Irrigation Systems Ltd. 76 JSW Steel Ltd. 699 Lanco Infratech Ltd. 16 Mahanagar Telephone Nigam Ltd. 26 Mphasis Ltd. 369 NCC Ltd. 50 Oracle Financial Services Software Ltd 2537 Patel Engineering Ltd. 110 Petronet LNG Ltd. 137 Piramal Healthcare Ltd. 434 Praj Industries Ltd. 71 Punj Lloyd Ltd. 50 Rolta India Ltd. 89 Shipping Corpn. Of India Ltd. 56 Sintex Industries Ltd. 77 Syndicate Bank 105 Tata Chemicals Ltd. 324 Tata Global Beverages Ltd 111 Tata Teleservices (Maharashtra) Ltd. 14 Tech Mahindra Ltd. 679 Titan Industries Ltd. 223 Ultratech Cement Ltd. 1392 Unitech Ltd. 26 United Phosphorus Ltd. 124 Vijaya Bank Ltd 56 Voltas Ltd. 110 Welspun Corp Ltd. 122

Mansukh Securities and Finance Ltd

Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com Website: www.moneysukh.com

SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, INDP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Weekly Market Outlook

make more, for sure. FORTHCOMING CORPORATE ACTIONS
Ex-Date Company Name NSE- Symbol
HCLTECH PSL ESABINDIA CRISIL PAPERPROD ITDCEM RANBAXY SUNCLAYTON ABB GMBREW HCL-INSYS BOC FOSECOIND ABBOTINDIA MARICO GODREJCP CHEMFALKAL BOSCHLTD BATAINDIA DICIND INFY RIIL BOSCHLTD BATAINDIA DICIND INFY HDFCBANK GOACARBON

Purpose
INTERIM DIVIDEND RS.2/- PER SHARE (PURPOSE REVISED) INTERIM DIVIDEND RS. 2/- PER SHARE ANNUAL GENERAL MEETING
FIRST INTERIM DIVIDEND RS.3/- & SPECIAL DIVID RS.3/-

23-Apr-12 HCL Technologies Limited 23-Apr-12 PSL Limited 24-Apr-12 Esab India Limited 24-Apr-12 CRISIL Limited 24-Apr-12 The Paper Products Limited 25-Apr-12 ITD Cementation India Limited 26-Apr-12 Ranbaxy Laboratories Limited 26-Apr-12 Sundaram Clayton Limited 2-May-12 2-May-12 3-May-12 4-May-12 4-May-12 4-May-12 8-May-12 9-May-12 ABB Limited GM Breweries Limited HCL Infosystems Limited BOC India Limited Foseco India Limited Abbott India Limited Marico Limited Godrej Consumer Products Limited

AGM AND DIVIDEND RS.2.40 PER SHARE AGM AND DIVIDEND RS.2/- PER SHARE ANNUAL GENERAL MEETING INTERIM DIVIDEND AGM AND DIVIDEND RS.3/- PER SHARE AGM AND DIVIDEND RS.2.50 PER SHARE 3RD INTERIM DIVIDEND AGM AND DIVIDEND RS.1.50 PER SHARE INTERIM DIVIDEND AGM AND DIVIDEND RS.17/- PER SHARE 2ND INTERIM DIVIDEND INTERIM DIVIDEND ANNUAL GENERAL MEETING DIVIDEND-RS.50 PER SHARE AGM/FINAL DIVIDEND RS.5/- P/S & SPECIAL DIVID RE.1/DIVIDEND - RS.4/- PER SHARE AGM / DIVIDEND - FINAL RS 22 + SPECIAL RS 10 AGM AND DIVIDEND RS.3.50 PER SHARE DIVIDEND-RS.50 PER SHARE AGM/FINAL DIVIDEND RS.5/- P/S & SPECIAL DIVID RE.1/DIVIDEND - RS.4/- PER SHARE AGM / DIVIDEND - FINAL RS 22 + SPECIAL RS 10 AGM AND DIVIDEND RS.4.30 PER SHARE AGM AND DIVIDEND RS.4/- PER SHARE

10-May-12 Chemfab Alkalis Limited 11-May-12 Bosch Limited 14-May-12 Bata India Limited 17-May-12 DIC India Limited 24-May-12 Infosys Limited 28-May-12 Reliance Industrial Infrastructure Limited 11-May-12 Bosch Limited 14-May-12 Bata India Limited 17-May-12 DIC India Limited 24-May-12 Infosys Limited 28-Jun-12 HDFC Bank Limited 20-Jul-12 Goa Carbon Limited

Mansukh Securities and Finance Ltd

Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com Website: www.moneysukh.com

SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, INDP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293

Weekly Market Outlook

make more, for sure.

EQUITY CALLS PERFORMANCE FOR THE WEEK ENDED 20th Apr 2012
Total No. of Calls
31

Profitable Calls
23

Positional/Hold
0

Exit/Stop Loss
8

Success Rate
74.19%

NAME
Varun Gupta Pashupati Nath Jha Vikram Singh

DESIGNATION
Head - Research Research Analyst Research Analyst

E-MAIL
varungupta@moneysukh.com pashupatinathjha@moneysukh.com 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 information is subject to change without any prior notice. MSFL reserves the right to make modifications and alterations to this statement as may be 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.

Mansukh Securities and Finance Ltd

Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com Website: www.moneysukh.com

SEBI Regn No. BSE: INB010985834 / NSE: INB230781431 SEBI Reg.No: BSE: INB 010985834, F&O: INF 010985834 NSE: INB 230781431, F&O: INF 230781431, DP: IN-DP-CDSL-73-2000, INPMS Regn No. INP000002387 DP-NSDL-140-2000 MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293