Market to remain volatile in the run up to the union budget - throwing up lot of trading/investment opportunities during the process

Market to remain volatile in the run up to the Union Budget - throwing up a lot of trading/investment opportunities during the process

Markets have moved up 19% YTD on expectation and hope that the stable government at the centre will be able to aliveate India’s woes. Off late uncertainty related to Iraq voilence and poor progress of monsoon are adding to the market volatility.  

FIIs have been net buyer to the tune of ~ $ 10 bn – higest in AP region. Market is expected to move into the next leg of rally post budget once the Reforms and Policies are spelt. Fiscal consolidation and Inflation focus are likely to remain the major focus areas. Some of the likely policy  announcement/structural reforms in the budget are :

1.      Cut/better focus in the subsidies

2.      O&G reforms

3.      Insurance/Pension regulations

4.      Road map for GST rollout

5.      Infrastructure/urbanization focus

6.      Manufacturing focus through reforms liked to Land, Labour and speedier Environment Clearence

7.      Banking sector reforms including PSU Bank recapitalisation

8.      Focus on FDI through clarity on FDI in number of sectors

Budget is expected to be instrumental in bringing growth focus in the coming years. Till budget we expect the market to consolidate with high intraday volatility. It would essentially remain tradars delight. Investors should use this volatility to keep adding to their portfolio.   Some of the key buys for Short Term and Delivery include :

Short term Trading Idea with 5-10% upside : Tata Power(Cmp : Rs. 104), Zee Entertainment(Cmp : Rs. 277), Petronet LNG(Cmp : Rs.163), Supreme Ind( Cmp : 519), NCC (Cmp : 75)

Medium Term buys with possibility of 20% +++ upside :

Maruti(Cmp : 2385), RIL(Cmp : Rs.1045) , LNT(Cmp : Rs. 1672), ICICI Bank(Cmp : Rs.1412) , Yes Bank(Cmp : Rs. 543), Lupin(Cmp : Rs. 1000), Sun Pharma(Cmp : Rs. 630)

Supreme Ind (Cmp : Rs.519), ING Vysya( Cmp : Rs. 634) , Motherson Sumi (Cmp : Rs. 322), Titan (Cmp : Rs.315), Oberoi Reality(Cmp : Rs. 255), JK Cement( Cmp : Rs. 235), ITNL(Cmp Rs. 205), Tata Power(Cmp : 104), NCC(Cmp Rs. 75), Heidelberg Cem(Cmp : Rs. 62)

WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!