Sunday, October 2, 2016

The Sensex Outlook for the Week Starting 03-10-2016


The markets were spooked for multiple reasons last week, the Surgical Strikes being one of them. Going forward into the 1st week of October, the RBI policy as well as the global news-flow, especially with regards to Deutsche Bank will set the near term trend for the markets. In a neutral case scenario, I do not see the Sensex trading out of the 27700-28000 band in the near term. Stock specific trading opportunities will abound. The near term outlook will turn bearish only with a close below 27612.

Date
3-Oct-16
S2
27,717
S1
27,846
Sensex Previous Close
                                    27,865.96
R1
27,955
R2
28,270
Sensex Fair Value
27,212



Review of Recent Investment Calls:-
Date
Stock
Price
CMP : 30-09-2016
Change %
Current View
19-Jun-15
BAJAJFINSV
1517
3,065.00
102.0
Book Part Profits
22-Jan-16
CAIRN
112.9
200.35
77.5
Book Part Profits
19-Jun-15
LAKSHVILAS
93.8
154.1
64.3
Book Part Profits
15-May-15
IBREALEST
56.4
92.35
63.7
Exit
15-May-15
JISLJALEQS
56.8
89.45
57.5
Book Part Profits
27-Mar-15
L&TFH
61.35
91.25
48.7
Book Part Profits
12-Feb-16
BANKBARODA
114.15
167.7
46.9
Exit
27-Mar-15
JISLJALEQS
60.95
89.45
46.8
Book Part Profits
22-Jan-16
GRAVITA
22.7
32.7
44.1
Book Part Profits
10-Jun-16
VAKRANGEE
166.8
239
43.3
Book Part Profits
19-Jun-15
HINDZINC
167.05
234.8
40.6
Book Part Profits
12-Feb-16
NMDC
78.8
106
34.5
Hold
27-Mar-15
RELIANCE
811.75
1081.78
33.3
Hold
10-Jun-16
DEEPIND
182.45
226
23.9
Book Part Profits
12-Feb-16
RELIANCE
904.85
1081.78
19.6
Hold
27-Mar-15
TATASTEEL
315
375.55
19.2
Hold
15-May-15
KTKBANK
123.95
147.65
19.1
Hold
12-Feb-16
INDIGO
783.75
918.15
17.1
Hold
28-Aug-15
ITI
23.9
27.05
13.2
Exit
28-Aug-15
JINDALSTEL
67.55
76.35
13.0
Exit
22-Jan-16
ICICIBANK
232.75
252.4
8.4
Hold
23-Oct-15
NMDC
100.95
106
5.0
Hold
10-Jun-16
RELIGARE
275.55
282.4
2.5
Hold



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