Equity Morning Note 30 October 2013-Mansukh Investment and Trading Solution

7/27/2019 Equity Morning Note 30 October 2013-Mansukh Investment and Trading Solution

1/3

m a k e m o r e , f o r s u r eMorning Note 30 Oct 2013

S E BI R e gn N o . B S E: I N B0 1 09 8 5 83 4 / N S E: I N B2 3 0 78 1 4 31P M S R e g n N o. I N P 0 0 00 0 2 3 8 7

P l e as e r e f er t o i m p o rt a n t d i s cl o s u re s a t t h e e n d o f t h i s r e p or t F o r P r i v at e c i r c ul a t i on O n l y F o r O u r C l i en t s O n l y

F I R S T L I G H T H E A D I N G S

M A R K ET I N S I G HT

On 29 Oct 2013, T h e s e c u la r m o v e o f th e m a r k et s w as o n a c c o u nt o f a cr o s s th e b o a r d b u y i ng

t he b ou rs es , w hi ch t oo k t he e nt ir e 1 3 s ec to ra l i nd ic es i n g re en . O n t he s ec to ra l f ro nt , wh i

b a n k in g sh a r e s l e d t h e r a c e , o t h e r r a t e s e n s i ti v e R e a l t y a n d A u t o c o u n te r s f o l l ow e d t h e s u i

A b s e n ce o f a n y n e g a t i ve s u r p ri s e i n p o l i cy r e v i e w m a i nl y l i f t e d r a te - s e ns i t i ve c o u n te r s , w h i c

o t h e rw i s e w e r e c a u t io u s o n R B I ' s h a wk i s h t o n e i n i t s Ma c r o ec o n o m ic r e p o rt a d a y b e f o re p o l i c

m e et . R B I, i n i t s r ep o rt a d a y b e f or e u p pe d i t s i n fl a ti o n f o re c as t f o r F Y 14 t o 6 % , w h il e l o we r ini t s FY 1 5 gr o w t h f o r e ca s t t o 5 . 8 % f r o m 6 . 5 % e a r l ie r . A d d it i o n a ll y , A u t o s t o c k s a l s o w e r e i n t o

g e a r , m i an l y d r iv e n b y s t e l la r Q 2 p e r f or m a n ce o f M a r u t i S u z u k i. T h e c o m p a ny ' s s t o c k s r a ll i e

o v er 8 % af t er M a ru t i r e po r te d 3 fo l d j u mp in Q 2 n e t p r of i t a t R s 67 0 . 23 cr o re f o r t h e q u ar t er a

c o mp a re d t o R s 2 2 7 .4 5 c r or e f o r t h e s a m e q u a rt e r i n t h e p r ev i ou s y e ar . Th e m a rk e t b r ea d th o

t h e B S E en d e d po s i t i ve ; a d v a nc e s a n d d e c li n i n g st o c k s we r e i n a r a t i o o f 1 2 9 7 : 1 0 9 6 , w hi l e 1 6

scr ips r emained unchanged . ( Pr ov isional)

a hig

and a low of 20952.55 and 20493.66 r espectiv ely. Among the 30- shar e Sensex, 27 stocks gaine

w h i l e 3 s t o c k s de c l i ne d . T he B S E M id c a p a nd S m a l l c a p i n di c e s e nd e d h ig h e r b y 1 . 5 3 % an

0 . 5 6 % r e s pe c t i ve l y . O n t h e B S E S e ct o r a l f r o nt , B a n k e x u p b y 4 . 4 8 % , R e a lt y u p b y 2 . 6 6 % , A u t o u

b y 2 .4 6 % , M e t a l u p b y 2 . 2 3 % a n d P o w e r u p by 1 . 9 2% w e re t h e t o p ga i n e rs , w hi l e t h e r e w e r e n

loser s. ( Pr ov isional)

o

c o r p or a t e e a r n in g s , w h il e s e n t im e n t t u r n ed c a u t i ou s a h e a d o f W e dn e s d ay ' s F e d e ra l R e s e r v

p o l i cy d e c i si o n . J a pa n e s e r e t a il s a l e s f o r S e p t e m b e r r o s e 3 . 1 % f r om a y e a r e a r l ie r , w i th t h e r e s u

b e a t i ng a c o n s e n s us f o r e c a st f o r a 1 . 9 % r i s e . T h e s a l e s a t l a r g e r e t a i l e r s w e re u p 0 . 7 % f r o m a y e

e a r l ie r . J a p a n e s e h o u s e ho l d s p e n d i ng r o s e s h a r pl y i n S e p t em b e r , b e a t i ng e x p e c t a t i o ns , w h i

t h e u n e m pl o y m e nt r a t e t i c k ed s l i gh t l y lo w e r . S p e n di n g b y h o u s e ho l d s of t w o o r m o r e p e o p

r o s e a p r i c e -a d j u s te d 3 . 7 % f r o m a y e a r e a r l i e r , m a rk i n g t h e b e s t r e s u lt i n s i x m o n t hs .

f r om i

p r e v io u s cl o s e o f 2 1 . 2 9 o n T h u r sd a y . T h e C N X N i f t y g a i n ed 11 9 . 8 0 p o i n ts o r 1 . 9 6 % t o s e t t l e

6 , 2 2 0 . 90 . T he i n d e x t o u c he d hi g h a n d l o w o f 6 ,2 2 8 . 0 5 a n d 6 , 0 7 9 . 2 0 r e s p ec t i v el y . O u t o f t he 5

s t o c k s on t h e N i f t y, 4 7 e n d ed i n t h e g r e e n, w h i le 3 e n d ed i n t h e r e d .

I N DEX C lo se % C hg

Se nsex 2092 9 1.75Ni fty 6221 1.97

Mi dcap 6006 1.45

Sm al l cap 5827 0.52

VALUE T RADED (Rs Crs) % Chg

BSE 2243 33.12

NSE 1242 7 39.36

F & O To t al 3 00 81 1 93.74

T o t a l V o l u m e 315481 90.20

NET INFLO WS (Rs Crs ) % Chg

F I I s 1103 .0 73.22DIIs (894.0) -0.96

F I I OPEN I NTER EST (C r s) % C hg

F I I Inde x F utur e s 1981 5.13 20.12

F I I Inde x Opti o ns 6799 9.69 5.10

F I I Sto ck F utur e s 3110 3.83 4.58

F I I Sto ck Opti o ns 319 2.20 1.68

%Chg

Do w Jo ne s 1568 0 0.71

Nasdaq 3952 0.30

F TSE 100 6775 0.73Commodity %Chg

C r u de ( U S $ / b l) 97.7 -0.71

Go l d (US$/o z) 1340 .6 -1.40

T o p 5 Mo v e r s Clos e P ric e % Chg

MARUTI 1,64 5.75 8.75

JPASSOCIAT 46.5 7.76

IC I C IBANK 1,07 8.50 6.26

INDUSI NDBK 43 5.45 5.63

AX ISBANK 1,25 3.00 5.16

T op 5 Los e r Clos e Pric e % Chg RANBAXY 38 4.45 -0.9

ITC 327 -0.29

BH ARTIAR TL 33 8.95 -0.13

D A T A M A T RI X O F L A S T S E S SI O N

World Indices

M an su kh S ec ur it ie s a nd F in an ce L tdM an s uk h H o us e , P l ot N o . 6 , O p p. M o th er D a ir y P l an t , P a tp ar ga n j R o ad , P an d av N ag ar ,

Ne w De lhi-110002, Phone : 91-11-30211800, 47617800, Fa x: 011-30117710,

E m a il: re se a rc h@m one ysukh.c om , We bsite : www.m one ysukh.c om

SE BI Reg. No: BSE : INB 010985834, F&O: INF 010985834

NSE : INB 230781431, F&O: INF 230781431,

DP: IN-DP-CDSL-73-2000, IN-DP-NSDL -140-2000

MCX/TCM/CORP/0740 NCDEX/TCM/CORP/0293


2/3

M A R KET O U T LOO K - C A U T IO U SLY O PT I MI ST I C

m a k e m o r e , f o r s u r e

Inde x Support 2 Support 1 Pre vious Close Re s is ta nce 1 Re s is ta nc e 2 Tre ndSENSEX 20522 20705 20929 21098 21290 Rangebound

NIF TY 6102 6156 6221 6266 6308 Rangebound

B AN K N I F T Y 10805 11004 11265 11412 11690 Rangebound

QUANTITATIVE ANALYSIS: D a l a l S t r e et w i t n es s e d a r e l i e f r al l y a t o n T u e s da y , w h e r ei n b e n c hm a r k e q u it y i n d i ce s a f t e r r e v e rs i n g g e a rs p oR B I ' s s ec o n d q u ar t e r ly m o n e ta r y p o l i cy r e v ie w , e n d ed a t h i g h es t c l o s i ng l e v e l i n 2 0 1 3 . I nv e s t o rs ' w e r e h e a r te n e d a f te r I n d ia ' s A p e x b a n k , m u c h e x p e ct e d l i n e s, h i k e d p o l ic y r e p o r a t e u n d e r t h e l i q u id i t y a d j us t m e n t f a c i li t y ( L A F) b y 2 5 b a s i s p o i n t s f r o m 7 . 5 % t o 7 . 7 5 % w i t h i m m e di ae f f ec t , w h i l e f u r t he r u n w i nd i n g l i qu i d i ty t i g h t e ni n g m e a s u re s , r o l l ed b a c k M S F r a t e b y 2 5 b p s . M e a n w h il e , m o s t l y p o s it i v e g l o b a l c u e s a la d de d t o m a rk e t' s g l ee , w h ic h b y t h e e n d o f t he t r ad e p u ff e d o ve r p e rc e nt a ge a n d ha l f t o s h ut s h op a b o ve t h e p s yc h ol o gi c al 2 0 ,9 0 0 a n d 6 ,2l e v e ls r e s p e c ti v e l y. T h e b r o a de r i n d ic e s a l s o e n d ed w i t h m o d e s t g a i n s o f o v er o n e p e r ce n t ( M i d ca p i n d e x) a n d h a l f a p e r ce n t ( S m a ll c a p i n deF o r t h e u p c o m in g s e s s i on s s p o t i n d e x m a y c o n t in u e i t s r a n g e b o u n d j o u r ne y h o w e ve r 6 2 3 0 - 6 26 0 c o u l d b e t h e n e a r t e r m r e s i s ta n c e z o n e . As u bs t an t ia l b r ea k o ut a b ov e t h is r a ng e w i th d e ci s iv e v o lu m es m a y fu r th e r s t re n gt h en s t he c u rr e nt s e nt i me n t a n d we m i gh t s e 6 3 6 0- 6 39 0 i ns h o r t s p a n o f t i me . O n t h e f l i p si d e a n y s p ir a l s e l l in g b e lo w 5 8 6 0 -5 8 3 0 m a y at t r a ct s o m e b e a r s an d w e m i g h t s e e 5 6 3 0 - 5 65 0 t h o ug h a n y c or r e c tic o u l d b e u s e d a s a d e c e n t o p p o rt u n i t y t o g o l o n g .. . . .

Morning Note




NSE : INB 230781431, F&O: INF 230781431,

DP: IN-DP-CDSL -73-2000, IN-DP-NSDL -140-2000


M an su kh S ec ur it ie s a nd F in an ce L tdM an s uk h H o us e , P l ot N o . 6 , O p p. M o th er D a ir y P l an t , P a tp a rg an j R oa d, P an d av N ag ar ,




3/3

N o t e : P l e a se r e f er o u r D e r i va t i v e R e p o rt f o r r e c o mm e n d at i o n on O P T IO N S T RA T E G IE S .

F o r m o r e c o p i es o r o t h er i n f or m a ti o n , p l e as e s e n d y o u r q u e ry a t [email protected]

Additional Information with respect to the securities referred in our derivative calls is uploaded on our website.P le as e n ot e t ha t o ur t ec hn ic al c al ls a r e t ot al ly i n de pe nd en t o f o ur f un da me nt a l c al ls . T ec hn ic al T re nd s ca ll s a re b as ed o n m om en tu mI n v es t o r s / Tr a d e rs a r e r e q u es t e d t o o b s e rv e f o l l ow i n g d i s c i pl i n e t o t a k e m a x i m u m a d v a n t a g e o f t h e p r o d uc t s .

- E n tr y / e x it w i l l b e o n t h e b a s i s o f p r i c e o r t i m e p r i o r i t y- U s e s t r i c t s t o p l o ss a t 1 5 % f r om y o u r a v e r a g e a c q u i si t i o n p r i c e

T h i s r e p o rt i s pr e p a re d f o r t h e e x c l u si v e u s e o f Ma n s u k h G r o u p c l i e nt s on l y a n d s h o u l d n o t b e r e p ro d u c ed , re c i r cu l a t ed , pu b l i sh e d i n a nm e di a , w e bs i te o r o t he r wi s e, i n a n y f or m o r m a nn e r, i n p a rt o r a s a w h o le , w i th o ut t h e e x pr e ss c o n se n t i n w r it i ng o f M a ns u kh S e cu r it i es a nFinance L td . Any unauthor ized use, d isclosur e or public d issemination of inf or mation contained her ein is pr ohibited .

T h i s d a t a s h e e t i s f or p r i v at e c i r cu l a t i on o n l y a n d th e s a i d d o c u me n t d o e s n o t c o n s t it u t e a n o f f e r t o b u y or s e l l a n y s e c u ri t i e s m e n t io n e d h e r e inW h il e u t mo s t c a re h a s b e en t a ke n i n p r ep a ri n g t h e a b ov e , w e c l ai m n o r e sp o ns i bi l it y f o r i t s a c cu r ac y . W e s h al l n o t b e l i ab l e f o r a n y d i re c t oi n d ir e c t l o s s e s a r i s i ng f r o m t h e u s e t h e r eo f a n d t he i n v es t o r s a r e r e q u e s t ed t o u s e t h e i n f o rm a t i o n c o n t a i n ed h e r e in a t t h e i r o w n r i s k .

m a k e m o r e , f o r s u r e

N AM E D E SIG N A T IO N E -M A IL

V a r u n G u p t a H e a d - R e s e a r c h v a r u n g u p t a @ m o n e y s u k h . c o m

Mohit T aneja R e s e a r c h A n a l y s t [email protected]



Morning Note

M an su kh S ec ur it ie s a nd F in an ce L tdM an s uk h H o us e , P l ot N o . 6 , O pp . M o th er D a ir y P l an t , P a tp ar ga nj R o ad , P a nd a v N ag ar ,




NSE : INB 230781431, F&O: INF 230781431,

DP: IN-DP-CDSL -73-2000, IN-DP-NSDL -140-2000


Equity Morning Note 30 October 2013-Mansukh Investment and Trading Solution

Documents

Transcript of Equity Morning Note 30 October 2013-Mansukh Investment and Trading Solution