The penultimate week of the year 2011 brought some sigh of relief for the Indian benchmark indices as they finally managed to halt the declining streak of two previous weeks and amassed around one and half a percentage points in the period. Despite settling only twice in the green zone out the five sessions trading week,the key gauges negotiated a positive finish by the end. However, the broader markets failed to match the fervor with which their larger peers traded and underperformed them, suffering losses of around one and half a percent. The week was characterized by high amount of volatility as the frontline indices traded in a broad range and even tried hard to sail beyond the 15,900 (Sensex) and 4,750 (Nifty) levels but it seemed like the bears had the last say as they stalled the resurgence of the benchmarks and took profits off the table. Market participants also rejoiced as government released weekly inflation data which showed that India's food inflation plunged to a near four-year low to 1.81% for the week ended December 10 from 4.35% in the previous week.

1. Weekly Market Outlook 24 Dec 2011
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SNAPSHOT
DATA MATRIX FOR THE WEEK
The penultimate week of the year 2011 brought some sigh of relief for the Indian benchmark indices
19th Dec 2011 - 23rd Dec 2011 as they finally managed to halt the declining streak of two previous weeks and amassed around one
and half a percentage points in the period. Despite settling only twice in the green zone out the five
sessions trading week,the key gauges negotiated a positive finish by the end. However, the broader
Weekly Markets markets failed to match the fervor with which their larger peers traded and underperformed them,
suffering losses of around one and half a percent. The week was characterized by high amount of
Sensex 15,739 1.60%
volatility as the frontline indices traded in a broad range and even tried hard to sail beyond the
Nifty 4,714 1.33% 15,900 (Sensex) and 4,750 (Nifty) levels but it seemed like the bears had the last say as they stalled the
resurgence of the benchmarks and took profits off the table. Market participants also rejoiced as
Gold(US$/oz) 1,608.5 0.44% government released weekly inflation data which showed that India's food inflation plunged to a
near four-year low to 1.81% for the week ended December 10 from 4.35% in the previous week.
Re/US$ 52.78 0.55%
Dow 12,294 3.61% 2000 Volume* & Volatility Index (Nifty - Dec 2011) 31
30
Nasdaq 2,619 2.50% 1500 29
28
FX Res (US$ Bn) 302.100 -1.52% 1000
27
500 26
25
Net FII / DII Equity Activity (Rs Cr)
0 24
Upto 23.12.11 FIIs DIIs 12-Dec 13-Dec 14-Dec 15-Dec 16-Dec 19-Dec 20-Dec 21-Dec 22-Dec 23-Dec
Total Dec 2011 -1602.4 649.1 *NSE
Cash Volume (Rs bn) F & O Volume (Rs bn) Volatility Index %
Total 2011 -26,088 27,536
S o urce: bs eindia.co m
Weekly Sector Movement
Sectors Close %
Auto 8,274 2.06
Bankex 9,527 1.13
CD 5,326 1.91
CG 8,225 -2.40
FMCG 4,085 3.12
Healthcare 5,863 -0.17
IT 5,651 -1.07
Metal 9,533 -1.55
Oil & Gas 7,951 3.58
Domestic sentiments also got boosted by growing evidence of a rebound in the US economy as reports showed
PSU 6,426 -0.05 US initial jobless claims fell last week to their lowest in more than 3-1/2 years while consumer sentiment there
improved in December to its highest level in six months, also US housing starts unexpectedly jumped in
Realty 1,426 -1.50
November.
WEEK AHEAD
However, volatility is expected to remain at the forefront for the coming week as traders are expected to settle their position with expiry of
December F&O contracts on Thursday, December 29, 2011. Meanwhile, the government on December 29, 2011 will unveil data on some
wholesale price indices viz. the food price index, the primary articles index and the fuel price index for the year through December 17, 2011. Also
aviation stocks are expected to hog some limelight in the coming week. Few media reports suggested that government could soon help the
financially pressed aviation sector by allowing airlines to import fuel directly. Meanwhile, movement of Indian rupee would too be watched by
investor's. On the global front, investor's will be eyeing few economic data from US, starting from Consumer Confidence data on December 27,
2011, Jobless Claim data and finally the Pending Home Sales Index data on December 29, 2011. On the whole 4515-4860 could be the trading
range for the upcoming week however volume will remain sluggish due to x-mas holidays. HAPPY TRADING & MERRY CHRISTMAS…
Please refer to important disclosures at the end of this report For Private circulation Only For Our Clients Only
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Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 / NSE: INB230781431
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2. Weekly Market Outlook
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SENSEX 30-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 30th Dec 2011
SUPPORT CLOSE PRICE RESISTANCE
SCRIP 3rd 2nd 1st 23.12.11 1st 2nd 3rd INCLINATION
Bajaj Auto Ltd 1543 1573 1587 1600.35 1617 1634 1664 Negative
Bharat Heavy Electricals Ltd. 226 234 238 241.95 246 251 259 Positive
Bharti Airtel Ltd. 313 322 326 330.45 336 342 351 Negative
Cipla Ltd. 318 324 328 330.60 334 338 345 Neutral
Coal India Ltd. 292 296 298 300.10 303 305 309 Neutral
DLF Ltd. 177 187 190 193.95 200 205 215 Neutral
HDFC Bank Ltd. 419 430 434 437.60 444 451 461 Positive
Hero MotoCorp Ltd. 1734 1789 1820 1850.65 1875 1899 1954 Neutral
Hindalco Industries Ltd. 112 117 120 121.75 125 128 133 Neutral
Hindustan Unilever Ltd. 400 406 409 411.60 414 417 423 Positive
Housing Development Finance Corporation Ltd. 639 650 655 660.45 666 671 682 Positive
ICICI Bank Ltd. 686 705 713 721.95 732 742 761 Neutral
Infosys Ltd. 2598 2652 2673 2694.85 2726 2758 2811 Neutral
ITC Ltd. 199 201 203 203.90 205 206 209 Positive
Jaiprakash Associates Ltd. 48 51 52 53.65 55 57 60 Negative
Jindal Steel & Power Ltd. 448 469 477 486.00 498 511 532 Negative
Larsen & Toubro Ltd. 928 973 991 1008.70 1036 1062 1107 Negative
Mahindra & Mahindra Ltd. 669 684 690 696.40 705 713 728 Positive
Maruti Suzuki India Ltd. 941 959 967 974.40 985 996 1014 Positive
NTPC Ltd. 146 153 156 158.50 163 168 176 Negative
Oil & Natural Gas Corpn. Ltd. 249 256 259 261.55 265 269 276 Positive
Reliance Industries Ltd. 699 726 736 746.45 763 780 807 Neutral
State Bank Of India 1551 1605 1627 1648.35 1681 1713 1767 Neutral
Sterlite Industries (India) Ltd. 86 89 90 91.55 94 96 99 Neutral
Sun Pharmaceutical Inds. Ltd. 487 493 496 498.45 501 503 508 Negative
Tata Consultancy Services Ltd. 1108 1130 1143 1156.30 1165 1174 1197 Neutral
Tata Motors Ltd. 175 180 182 184.65 187 189 194 Positive
Tata Power Company Ltd. 82 85 87 88.00 90 92 96 Neutral
Tata Steel Ltd. 322 336 342 347.25 356 364 378 Negative
Wipro Ltd. 377 390 398 405.30 411 416 429 Positive
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NSE MIDCAP 50-TECHNICAL LEVELS FOR THE UPCOMING WEEK ENDED 30th Dec 2011
SUPPORT CLOSE PRICE RESISTANCE Market Cap
SCRIP 3rd 2nd 1st 23.12.11 1st 2nd 3rd (Rs Crore)
Adani Power Ltd. 64 66 67 67.85 69 70 72 14792
Allahabad Bank 108 114 117 119.50 124 128 135 5691
Alstom Projects India Ltd. 279 296 303 310.25 321 331 349 2079
Andhra Bank 76 81 82 84.10 87 90 94 4706
Ashok Leyland Ltd. 22 23 23 23.60 24 25 25 6279
Aurobindo Pharma Ltd. 82 86 87 88.00 90 92 95 2562
Bajaj Hindusthan Ltd. 24 25 26 26.05 27 27 28 1666
BEML Ltd. 439 453 459 464.80 473 481 494 1936
Bharat Forge Ltd. 235 244 248 252.25 258 263 273 5872
CESC Ltd. 182 195 200 204.80 213 221 234 2559
Cummins India Ltd. 331 339 342 345.00 350 354 362 9563
DiviS Laboratories Ltd. 737 747 753 758.95 763 767 777 10072
Educomp Solutions Ltd. 175 185 189 193.30 200 206 216 1856
Great Eastern Shipping Company Ltd. 183 191 194 197.65 202 207 215 3010
GVK Power & Infrastructure Ltd. 10 11 11 11.01 11 11 12 1739
Hindustan Construction Company Ltd. 15 16 17 17.35 18 19 20 1052
Hotel Leela Venture Ltd. 25 28 29 30.65 32 34 37 1189
Housing Development & Infrastructure Ltd. 53 56 57 57.35 59 60 62 2403
IDBI Bank Ltd 76 79 81 82.20 84 87 90 8094
India Cements Ltd. 63 66 68 69.05 71 73 76 2121
Indian Bank 166 175 179 183.70 188 192 201 7895
Indian Hotels Company Ltd. 51 53 54 54.25 55 56 58 4120
IVRCL Ltd. 26 27 28 28.80 30 31 33 769
Jain Irrigation Systems Ltd. 69 76 79 81.45 86 90 98 3300
JSW Steel Ltd. 464 491 502 513.35 529 545 573 11454
Lanco Infratech Ltd. 8 9 9 9.84 10 11 11 2369
Mahanagar Telephone Nigam Ltd. 22 23 24 23.90 24 25 26 1506
Mphasis Ltd. 283 296 301 306.30 314 322 335 6432
NCC Ltd. 32 34 35 35.40 37 38 40 908
Oracle Financial Services Software Ltd 1698 1763 1786 1809.70 1851 1893 1958 15191
Patel Engineering Ltd. 71 75 77 78.30 81 83 87 547
Petronet LNG Ltd. 155 158 159 160.70 162 164 167 12053
Piramal Healthcare Ltd. 358 369 373 377.00 384 390 401 6304
Praj Industries Ltd. 65 69 71 72.75 76 79 83 1344
Punj Lloyd Ltd. 38 39 40 40.85 42 43 44 1357
Rolta India Ltd. 51 53 53 54.15 55 56 58 874
Shipping Corpn. Of India Ltd. 48 50 51 51.50 53 54 56 2399
Sintex Industries Ltd. 55 62 65 68.15 72 76 82 1860
Syndicate Bank 62 69 72 74.10 79 83 90 4248
Tata Chemicals Ltd. 296 306 310 313.85 321 327 338 7996
Tata Global Beverages Ltd 83 86 87 88.65 91 93 96 5482
Tata Teleservices (Maharashtra) Ltd. 13 13 13 13.10 13 13 14 2485
Tech Mahindra Ltd. 552 561 566 570.25 575 579 588 7260
Titan Industries Ltd. 155 164 168 171.25 177 182 191 15203
Ultratech Cement Ltd. 1090 1131 1155 1178.50 1196 1213 1254 32298
Unitech Ltd. 18 19 19 19.85 20 20 21 5193
United Phosphorus Ltd. 124 129 131 134.20 136 138 142 6197
Vijaya Bank Ltd 45 47 48 49.20 51 52 55 2326
Voltas Ltd. 73 77 79 80.35 82 84 87 2659
Welspun Corp Ltd. 75 80 81 82.75 85 88 92 1885
3
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Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com

4. Weekly Market Outlook
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FORTHCOMING CORPORATE ACTIONS
Ex-Date Company Name NSE- Symbol Purpose
26-Dec-11 Alfa Laval (India) Limited ALFALAVAL INTERIM DIVIDED - RS.30/- PER SHARE
26-Dec-11 Gujarat State Financial Corporation GUJSTATFIN ANNUAL GENERAL MEETING
26-Dec-11 Ahmednagar Forgings Limited AHMEDFORGE AGM AND DIVIDEND RS.2/- PER SHARE
26-Dec-11 Amtek Auto Limited AMTEKAUTO AGM AND DIVIDEND RE.1/- PER SHARE
26-Dec-11 Coral Hub Limited CORAL-HUB ANNUAL GENERAL MEETING
26-Dec-11 Sarthak Industries Limited SARTHAKIND ANNUAL GENERAL MEETING
26-Dec-11 JHS Svendgaard Laboratories Limited JHS DIVIDEND-RE.0.75 PER SHARE
26-Dec-11 Amtek India Limited AMTEKINDIA AGM AND DIVIDEND RE.0.40 PER SHARE
26-Dec-11 Shri Lakshmi Cotsyn Limited SHLAKSHMI AGM / DIVIDEND RS 3 PER SHARE
27-Dec-11 Tricom India Limited TRICOM AGM AND DIVIDEND RE.0.20 PER SHARE
27-Dec-11 Neha International Limited NEHAINT ANNUAL GENERAL MEETING
27-Dec-11 Ashco Niulab Industries Limited ASHCONIUL ANNUAL GENERAL MEETING
28-Dec-11 K S Oils Limited KSOILS ANNUAL GENERAL MEETING
28-Dec-11 Clutch Auto Limited CLUTCHAUTO ANNUAL BOOK CLOSURE
29-Dec-11 Munjal Auto Industries Limited MUNJALAU FACE VALUE SPLIT FROM RS.10/- TO RS.2/-
3-Jan-12 Oil India Limited OIL INTERIM DIVIDEND RS.25/- PER SHARE
5-Jan-12 S.E. Investments Limited SEINV SCHEME OF ARRANGEMENT
6-Jan-12 Oil & Natural Gas Corporation Limited ONGC INTERIM DIVIDEND
11-Jan-12 NELCO Limited NELCO ANNUAL GENERAL MEETING
12-Jan-12 Automotive Axles Limited AUTOAXLES DIVIDEND-RS.10/- PER SHARE
16-Jan-12 Siemens Limited SIEMENS DIVIDEND - RS.6/- PER SHARE
4
Mansukh Securities and Finance Ltd SEBI Regn No. BSE: INB010985834 /NSE: INB230781431
Office: 306, Pratap Bhavan, 5, Bahadur Shah Zafar Marg, New Delhi-110002 PMS Regn No. INP000002387
Phone: 011-30123450/1/3/5 Fax: 011-30117710 Email: research@moneysukh.com
Website: www.moneysukh.com

5. Weekly Market Outlook
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EQUITY CALLS PERFORMANCE FOR THE WEEK ENDED 23rd Dec 2011
Total No. of Calls Profitable Calls Positional/Hold Exit/Stop Loss Success Rate
23 20 0 3 86.96%
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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