Morning Note

29 MAY 2013
make more, for sure.

DATA MATRIX OF LAST SESSION

INDEX Sensex Nifty Midcap Smallcap Close 20161 6111 6499 6069 %Chg 0.65 0.46 0.60 0.48

FIRST LIGHT HEADINGS

VALUE TRADED (Rs Crs)

BSE NSE F& O Total Total Volume 1829 11681 236756 250266

%Chg
-3.07 26.21 21.62 21.60

MARKET INSIGHT
On Tuesday 29 May 2013, Closer home, the wild swings of benchmarks could be attributed to

NET INFLOWS (Rs Crs)

FIIs DIIs 711.0 (508.0)

%Chg
75.12 -1.55

FII OPEN INTEREST (Crs)

FII Index Futures FII Index Options FII Stock Futures FII Stock Options

%Chg
-100.00 -100.00 -100.00 -100.00

World Indices
Dow Jones Nasdaq FTSE 100 15409 3488 6762

%Chg
0.69 0.84 1.62

the May derivatives contract expiry this Thursday as Sensex after dipping sub 20k level, recovered considerable ground to end past 20100 level, while Nifty after sinking to 6050 level, gained ground to conclude past 6100 level. Immense support was rendered by stocks from Oil & Gas, Auto and Public Sector Undertaking (PSU) counter, mainly fuelled the rally at D-Street. Led by the gains of BHEL and GAIL, PSU counter stocks witnessed good demand. However, Health Care counter remained the sole dark spot in otherwise bright trade. Meanwhile, Banking and Auto counters which languished at bottom for the most part of the day staged significant recovery by the end of the trade. The market breadth on the BSE ended positive; advances and declining stocks were in a ratio of 1204: 1149, while 164 scrips remained unchanged. On the global front, Japanese stocks strengthened and Asian shares edged higher on Tuesday, although investors were still awaiting direction from US markets when they resume trade after holidays, following last week's turbulence. Meanwhile, European shares rebounding after a two-days drop were trading in green with investors in Britain catching up with the previous day's gains after returning from a long weekend, and with comments by a top European Central Bank official of improving sentiment. The BSE Sensex gained 136.77 points or 0.68% to settle at 20167.54.The index touched a high and a low of 20209.82 and 19963.23 respectively. Among the 30-share Sensex pack, 19 stocks gained, while 10 ended in red and 1 stock remains unchanged. The BSE Mid cap and Small cap indices ended higher by 0.67% and 0.49% respectively. On the BSE Sectoral front, Oil & Gas up by 1.72%, Auto up by 1.33%, PSU up by 1.27%, Consumer Durables up by 1.11% and Power up by 0.99% were the top gainers, while Health Care down by 0.60% and Bankex down by 0.04%, were the only losers in the space. (Provisional) India VIX, a gauge for markets short term expectation of marginally gained 0.52% at 17.12 from its previous close of 17.03 on Monday. The CNX Nifty gained 28.60 points or 0.47 % to settle at 6,111.75. The index touched high and low of 6,127.65 and 6,055.40 respectively. 27 stocks advanced against 23 declining and one stock remains unchanged on the index. (Provisional) Most of the European markets were trading in green with, Germany's DAX up by 1.09%, the United Kingdom's FTSE 100 up by 1.63% and France's CAC 40 up by 1.49%.

Commodity
Crude (US$/bl)

%Chg
104.2 1381.3 1.63 -0.58

Gold (US$/oz) Top 5 Movers HEROMOTOCO JPASSOCIAT BHEL COALINDIA M&M

Close Price
1770 71.9 204.00 323 975.7

%Chg
6.99 4.2 3.58 2.93 2.5

Top 5 Loser
RANBAXY ULTRACEMCO KOTAKBANK SBIN SESAGOA

Close Price
394 1,974.25 775.35 2128.3 161.4

%Chg
-2.67 -1.96 -1.79 -1.56 -1.53

Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

Mansukh Securities and Finance Ltd

Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar, New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710, Email: research@moneysukh.com, Website: www.moneysukh.com

SEBI RegnBSE: No.INB BSE: INB010985834 / NSE: INB230781431 SEBI Reg.No: 010985834, F&O: INF 010985834
PMS Regn No. INP000002387 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

Morning Note
make more, for sure.

MARKET OUTLOOK- CAUTIOUSLY OPTIMISTIC

QUANTITATIVE ANALYSIS: Buying which picked up pace in the second half of the session led to third consecutive session of gains for major equity indices at D-street. After dilly-dallying in the first half of the session, markets gathered momentum in the latter part, tracing the positive opening of European markets. Although gains of Asian pacific shares also contributed to the rally, investors also drew support from Finance Minister P Chidambaram's statement that India's growth story to stay. He said that the country has a huge potential and although it would continue to grow at 5-6% in the coming decades, good governance can raise this trajectory to 6-8%. By the end of the session, benchmark 30 share index, Sensex, on BSE, added over hundred of points to its kitty, to end above the crucial 20150 level, while 50 share index, Nifty, too adding over quarter percent, concluded past the crucial 6100 level. For the upcoming sessions we believe spot index may continue its upward journey however 5930 followed by 5850 could be near term support levels. Any drift below these levels may further drag spot index towards 5700 where we might see some consolidation. On the flip side 6190-6250 could be the crucial resistance zone. HAPPY TRADING........

TODAY'S MARKET LEVELS

Index
SENSEX NIFTY BANKNIFTY

Support 2
19505 5952 12302

Support 1
19705 6018 12512

Previous Close
20161 6111 12895

Resistance 1
20431 6162 13204

Resistance 2
20615 6196 13448

Trend
Rangebound Rangebound Rangebound

Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

Mansukh Securities and Finance Ltd

Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar, New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710, Email: research@moneysukh.com, Website: www.moneysukh.com

SEBI RegnBSE: No.INB BSE: INB010985834 / NSE: INB230781431 SEBI Reg.No: 010985834, F&O: INF 010985834
PMS Regn No. INP000002387 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

Morning Note
make more, for sure.

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

For more copies or other information, please send your query at research@moneysukh.com

Note: Please refer our Derivative Report for recommendation on OPTION STRATEGIES.

Additional Information with respect to the securities referred in our derivative calls is uploaded on our website. Please note that our technical calls are totally independent of our fundamental calls. Technical Trends calls are based on momentum, Investors/Traders are requested to observe following discipline to take maximum advantage of the products. -Entry/exit will be on the basis of price or time priority -Use strict stop loss at 15% from your average acquisition price This report is prepared for the exclusive use of Mansukh Group clients only and should not be reproduced, recirculated, published in any media, website or otherwise, in any form or manner, in part or as a whole, without the express consent in writing of Mansukh Securities and Finance Ltd. Any unauthorized use, disclosure or public dissemination of information contained herein is prohibited. This data sheet is for private circulation only and the said document does not constitute an offer to buy or sell any securities mentioned herein. While utmost care has been taken in preparing the above, we claim no responsibility for its accuracy. We shall not be liable for any direct or indirect losses arising from the use thereof and the investors are requested to use the information contained herein at their own risk.

Please refer to important disclosures at the end of this report

For Private circulation Only

For Our Clients Only

Mansukh Securities and Finance Ltd

Mansukh House, Plot No. 6, Opp. Mother Dairy Plant, Patparganj Road, Pandav Nagar, New Delhi-110002, Phone: 91-11-30211800, 47617800, Fax: 011-30117710, Email: research@moneysukh.com, Website: www.moneysukh.com

SEBI RegnBSE: No.INB BSE: INB010985834 / NSE: INB230781431 SEBI Reg.No: 010985834, F&O: INF 010985834
PMS Regn No. INP000002387 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