The Sensex Outlook for the Week Starting 11-03-2019

An unfortunate terror attack on our forces followed by precise retaliatory strikes and a Hero's welcome to an Airman who brought down an F-16 and was a PoW for a brief period! One month is a very long time for the markets and the geo-political scenario in the sub-continent.The markets changed tracks and now we are looking at a rally even in the mid and small caps as well. The Sensex has wallowed in the sub-35500 zone for a very long time and the rally from that zone will run out of steam soon.

From being bearish on the markets one month ago, my outlook has changed to cautiously bearish.The indices are closer to the resistances now and it will not be advisable to remain long or initiate fresh longs at the current levels. Its better to be on the sidelines than to be caught with long positions when the tide changes. 

To put it bluntly, its too early to factor in the election results on the basis of the events of the last one-month and go long blindly.

Date	11-Mar-19
Index	Sensex	Nifty
S2	36,547	10,998
S1	36,619	11,020
Previous Close	36,671.43	11,035.40
R1	36,689	11,041
R2	36,750	11,059
Fair Value	27,897	8,395

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The Sensex Outlook for the Week Starting 25-02-2019

Expecting a mildy positive start to the week, however sustaining higher levels is still a concern for the markets. We see buying emerge at lower levels (~35300) and intense selling at higher levels (~36000). Do not carried away with any rallies, instead initiate shorts at higher levels.

Date	25-Feb-19
Index	Sensex	Nifty
S2	35,806	10,772
S1	35,842	10,783
Previous Close	35,871.48	10,791.65
R1	35,907	10,802
R2	36,023	10,837
Fair Value	32,336	9,728

FnO Calls | #StandWithForces #ForTheCountry #WontForget #Pulwama 

Mere Words cannot describe the Anger of a Nation or the Grief of the Families beavered in the Terror Attack in Pulwama. But we can take small mindful

actions to make a difference.

Till Monday, out of every subscription to Raghav's Picks F&O Calls, a portion will be transferred to the National Defence Fund (www.ndf.gov.in) in the name of the Subscriber. Alternatively, if you have already contributed to the fund, just deduct the contribution from the normal fees of our F&O Calls and pay the balance - no need to share the proof of your donation - your word and your conscience is good enough proof.

Service	Annual Fees (₹)	Quarterly Fees (₹)	Monthly Fees (₹)
Fees for All F&O Calls	17000	6000	3000
GST @ 18%	3060	1080	540
Total Fees	20060	7080	3540
Contribution to NDF in your Name	10000	2500	1000

FnO Calls are a mix of Intraday & Positional Trades on Index,Stock,Currency Futures as well as Options. All calls are Live-Market/Real-Time Calls and sent on WhatsApp.

http://blog.raghavs-picks.com/2019/02/fno-calls-22-02-2019-307538-20-02-2019.html

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Weekly Newsletter & Newswire - 24-02-2019

Weekly Change

Index	15-Feb-2019	22-Feb-2019	Change(Pts)	Average Daily Volume (₹  Crores)	Change in Volume (% over previous week)
Sensex	35,808.95	35,871.48	62.53	2471.6	6.77
Nifty	10,724.40	10,791.65	67.25	29912.2	-2.73

US$, 10 Year Bond Yield & Sensex Earnings Yield

Date	₹ /$	10 Year Bond Yield	Sensex Earnings Yield %
21-Feb-19	71.15	7.5440	4.344
22-Feb-19	71.22	7.6050	4.363

Inflation

The annual rate of inflation, based on monthly WPI	Inflation (%)
Jan-2019	2.76
Dec-2018	3.80

Weekly Wrap

Date		Outlook*	Index	% Change
18-Feb-2019		http://blog.raghavs-picks.com/2019/02/the-sensex-outlook-for-week-starting-18.html	S&P BSE SENSEX	-0.87
			NIFTY 50	-0.78
			S&P BSE MID CAP	-1.04
			NIFTY NEXT 50	-0.8
19-Feb-2019		http://blog.raghavs-picks.com/2019/02/the-sensex-outlook-for-day-19-02-2019.html	S&P BSE SENSEX	-0.41
			NIFTY 50	-0.34
			S&P BSE MID CAP	0.51
			NIFTY NEXT 50	0.16
20-Feb-2019		http://blog.raghavs-picks.com/2019/02/the-sensex-outlook-for-day-20-02-2019.html	S&P BSE SENSEX	1.14
			NIFTY 50	1.24
			S&P BSE MID CAP	0.91
			NIFTY NEXT 50	1.34
21-Feb-2019		http://blog.raghavs-picks.com/2019/02/the-sensex-outlook-for-day-21-02-2019.html	S&P BSE SENSEX	0.40
			NIFTY 50	0.51
			S&P BSE MID CAP	0.88
			NIFTY NEXT 50	0.86
22-Feb-2019		http://blog.raghavs-picks.com/2019/02/the-sensex-outlook-for-day-22-02-2019.html	S&P BSE SENSEX	-0.07
			NIFTY 50	0.02
			S&P BSE MID CAP	0.38
			NIFTY NEXT 50	0.77

*The Outlook is as that was given in my premium newsletter & on http://blog.raghavs-picks.com before the particular trading day.

Index Levels to Watch & Fair Value

Date	25-Feb-19
Index	Sensex	Nifty
S2	35,806	10,772
S1	35,842	10,783
Previous Close	35,871.48	10,791.65
R1	35,907	10,802
R2	36,023	10,837
Fair Value	32,336	9,728

Dividends, Rights & Stock Splits

Security Name	Purpose	Ex-Date
MISHTANN	Interim Dividend - ₹ 0.0020	25-Feb-19
SANDESH	Interim Dividend - ₹ 5.0000	25-Feb-19
TRIVENI	Interim Dividend - ₹ 0.7000	25-Feb-19
ADVANIHOTR	Interim Dividend - ₹ 0.6000	26-Feb-19
AVTNPL	Interim Dividend - ₹ 0.2000	26-Feb-19
BANCOINDIA	Interim Dividend - ₹ 5.0000	26-Feb-19
MAXIMUS	Bonus issue 1:1	26-Feb-19
NICCOPAR	Interim Dividend - ₹ 0.2000	26-Feb-19
YASHCHEM	Interim Dividend - ₹ 0.3000	26-Feb-19
AMBUJACEM	Final Dividend - ₹ 1.5000	27-Feb-19
ONGC	Interim Dividend - ₹ 5.2500	28-Feb-19
VISHALBL	Bonus issue 4:5	28-Feb-19
ACC	Dividend - ₹ 14.0000	5-Mar-19
TECHM	Buy Back of Shares	5-Mar-19
PBMPOLY	Buy Back of Shares	7-Mar-19
DENABANK	Amalgamation	8-Mar-19
VIJAYABANK	Amalgamation	8-Mar-19
SUKHJITS	Bonus issue 1:1	27-Mar-19

FnO Calls | #StandWithForces #ForTheCountry #WontForget #Pulwama 

Mere Words cannot describe the Anger of a Nation or the Grief of the Families beavered in the Terror Attack in Pulwama. But we can take small mindful

actions to make a difference.

Till Monday, out of every subscription to Raghav's Picks F&O Calls, a portion will be transferred to the National Defence Fund (www.ndf.gov.in) in the name of the Subscriber. Alternatively, if you have already contributed to the fund, just deduct the contribution from the normal fees of our F&O Calls and pay the balance - no need to share the proof of your donation - your word and your conscience is good enough proof.

Service	Annual Fees (₹)	Quarterly Fees (₹)	Monthly Fees (₹)
Fees for All F&O Calls	17000	6000	3000
GST @ 18%	3060	1080	540
Total Fees	20060	7080	3540
Contribution to NDF in your Name	10000	2500	1000

FnO Calls are a mix of Intraday & Positional Trades on Index,Stock,Currency Futures as well as Options. All calls are Live-Market/Real-Time Calls and sent on WhatsApp.

http://blog.raghavs-picks.com/2019/02/fno-calls-22-02-2019-307538-20-02-2019.html