Alert For Clients Service For Mansukh Securities

Introduction
Mansukh Securities has brought Alert for Clients Service for its customers to remain informed and connected with
the stock market while on move.

Jaamoon Alc Features:
1. Conditional Alerts - This feature allows users to set alerts based on price trends.
2. Periodic Alerts - This feature allows users to set time-based alerts.
3. Market Open and Market Close Alerts - This feature allows users to set alerts based on Market Open and
Market Close conditions.

Steps To Register And Use Alc Platform

a.    Click http://www.moneysukh.com.

b.    Click

c.    Click on New user click here and register yourself by entering your mobile number, first name and last name.

d.    SMS having your username and system generated password will be sent to your registered mobile number.

e.    Using the login details you can now enter username and password and click Signin.

f.    Once you login into the application for the first time, you will be asked to change your password. It is recommended to change the password although you may ignore the warning by clicking Ignore.

g.    You can then click “Create alert” link to create your own alerts

h.    You can also view the alerts you have created using “View alerts” link

The Indian Gold Market Still Glitters

The Indian Gold market has reaffirmed its dominance in 2010 and will continue in 2011. Expect China to overtake the sub-continent in demand for gold. The love of gold in India goes far beyond a simple source of future profits. It is an expression of wealth, financial security and family stability. It also carries religious overtones. Gold remains the wealth of the wife -men only inheriting assets. It represents her and her family's financial security. It is difficult to make a distinction between investment and jewelry demand because in India, these two ideas are inseparable. Gold jewelry is usually 24-carat.

Indian Gold Demand18,000 tonnes of gold in India are held by households. Indian gold demand has grown 25% despite a 400% Rupee price rise in the last decade. Gold demand is strong and is expected to increase 30% by 2020. By 2020, cumulative annual demand for gold in India will increase to in excess of 1,200 tonnes or approximately Rs. 2.5 trillion, at current price levels. India's rapid growth, which will have significant impact on income and savings, will lead to more gold being purchased by almost 3% per annum over the next decade. Indian growth is expected to be around 10% GDP in the next decade, which will feed through into gold demand/savings.

India is now experiencing the rapid growth of the Middle class and urbanization. This movement has quickened its pace in the last ten years to the extent that the U.N. believes that 41% of India's total population will be living in towns and cities by 2030--up from the current level of 30%. More importantly, a good proportion of these will join the middle classes.

Gold Price PerformanceConsider the belief that 'gold brings good fortune'. The performance of gold over the last decade appears to have highlighted that belief in a remarkable way. In 2000, the gold price was just under $300. It now stands at $1,525. Imagine you are the mother of the bride and look at your gold holdings and at today's value. Wouldn't you feel this had served your family well and must surely serve your daughters family as well? This belief will continue for generations to come and Indian demand will continue growing.

Tracking equity markets and the path of other investments alongside gold over the same period confirmed the wisdom of gold investing.Indian gold investors are far more advanced than their developed world counterparts who have not yet appreciated gold's value to the same extent.

Conclusion:Because gold is more than just money, its price is irrelevant in light of its demand. This demand is limited by an individual's access to money to purchase it. Indian demand for gold will be driven (like in the last decade) by savings and real income levels, not by price. In local currency terms, Indian jewelry demand more than doubled in 2010 to Rs.1,342 billion compared to Rs. 669 billion in 2009.

Likewise, gold will continue to be purchased in the future Indian wedding seasons. It is all part of the social fabric of India. A wedding is the social highlight of the nation and can last for days. 50% of the population is under 25, and there will be 15 million weddings per annum over the next decade. At present gold prices and exchange rates, this will drive around 500 tonnes per annum with a further 500 tonnes of existing gold being gifted by one family to the next, which is not recorded in recycling.

“Always live within your income, even if you have to borrow money to do so”

Options Strategies To Know

It is too common for traders who jump into the options game with little or no understanding of how many options strategies are available which can minimize their risk and maximize return. With a little bit of extra effort, however, traders can learn how to take advantage of the flexibility and full power of options as a trading vehicle. While keeping this in the mind, we have tried to gather most useful & popular option strategies which we hope will shorten the learning curve and point you in the right direction.  There are some option strategies which might be useful for traders to hedge their positions and minimize the risk. In this addition of our market tutorial we will discuss only the type and brief description of some option strategies however in further additions we will discuss in detail.

Covered Call
Apart from purchasing a naked call option, you can also engage in a basic covered call or buy-write strategy. In this strategy, you would purchase the assets outright, and simultaneously sell a call option on those  same  assets.  Your  volume  of assets  owned  should  be equivalent to the number of assets underlying the call option.Investors will often use this position when they have a short-term position and a neutral opinion on the assets, and are looking to generate additional profits, or protect against a potential decline in the underlying asset's value.

Married Put
In a married put strategy, an investor who purchases a particular shares, simultaneously purchases a put option for an equivalent number of shares. Investors will use this strategy when they are bullish on the asset's price and wish to protect themselves against potential short-term losses. This strategy essentially functions like an insurance policy, and establishes a floor should the asset's price plunge dramatically.

Bull Call Spread
In a bull call spread strategy, an investor will simultaneously buy call options at a specific strike price and sell the same number of calls at a higher strike price. Both call options will have the same expiration month and underlying asset. This type of vertical spread strategy is often used when an investor is bullish and expects a moderate rise in the price of the underlying asset.

Bear Put Spread
The bear put spread strategy is another form of vertical spread. In this strategy, the investor will simultaneously purchase put options as a specific strike price and sell the same number of puts at a lower strike price. Both options would be for the same underlying asset and have the same expiration date. This method is used when the trader is bearish and expects the underlying asset's price to decline. It offers both limited gains and limited losses.

Long Straddle
A long straddle options strategy is when an investor purchases both a call and put option with the same strike price, underlying asset and expiration date simultaneously. An investor will often use this strategy when he or she believes the price of the underlying asset will move significantly, but is unsure of which direction the move will take. This strategy allows the investor to maintain unlimited gains, while the loss is limited to the cost of both options contracts.

Long Strangle
In a long strangle options strategy, the investor purchases a call and put option with the same maturity and underlying asset, but with different strike prices. The put strike price will typically be below the strike price of the call option, and both options will be out of the money. An investor who uses this strategy believes the underlying asset's price will experience a large movement, but is unsure of which direction the move will take. Losses are limited to the costs of both options

Butterfly Spread
All the strategies up to this point have required a combination of two different  positions  or contracts.  In a butterfly  spread options strategy, an investor will combine both a bull spread strategy and a bear spread strategy, and use three different strike prices.

Iron Butterfly
The final options strategy we will demonstrate here is the iron butterfly. In this strategy, an investor will combine either a long or short straddle with the simultaneous purchase or sale of a strangle. Although similar to a butterfly spread, this strategy differs because it uses both calls and puts, as opposed to one or the other. Profit and loss are both limited within a specific range, depending on the strike prices of the options used. Investors will often use out-of-the-money options in an effort to cut costs while limiting risk.

“There are three ways to obtain wealth: inheritance, luck, and hard work. None is guaranteed, but you have no influence over the first two”

Fundamental Pick

Andhra Bank                                                                                                  Target Price: 164
Andhra Bank, registered in Nov 20, 1923 is one of the oldest public sector banks of India. As of 31 March 2011 with the total business of Rs1636 billion and total number of 1657 branches Andhra Bank offers almost all basic banking services with some extra and attractive benefits to the customers. Bank also has partnered with various designated private financial institutions for assisting them in sales of their Mutual Fund products. Andhra Bank is the first bank in India to have launched mobile biometric ATMs which enables even the illiterate or uneducated customers of the bank to enjoy the ATM facility being offered by the bank.

FINANCIALS:  The interest income of Andhra Bank has been grown at CAGR of 29.5% during FY05-FY11, the growth has also been maintained in Net Interest Income (NII) and Profit after Tax, both grew by 26% and 19.5% respectively during the same period. In FY11 the Interest Income grew 30% to Rs 8291 crore, NII 47% to Rs 3221 crore and PAT 21% to Rs 1267 crore. The NIM for the same period marginally up by 59bps to 3.21% while PAT margin declined by 113bps. In Q4FY11 the interest income and PAT both surged by 38% and 30% respectively from Q4FY10 while owing to interest margin pressure NII slightly down by 4.4% for the same period.

INVESTMENT GROUNDS 
Industry Outline
The key growth driver of banking industry, credit growth has shown a decent growth in the past years. The credit portfolio is further expected to grow at CAGR of 16% from Rs 34.9 lakh crore in 2010 to Rs 164.1 lakh crore by 2020. The Govt is also trying to expand the banking sector to the rural sector of India, currently there are around 6 lakhs un-banked villages and only 38% of all bank branches are in rural areas. Although efforts have been made to expand the branch network from 8,700 at the time of nationalisation in 1969 to 87,000 now, only 32,000 branches are present in rural India. Banks are also experimenting with various incentives for furthering financial inclusion but have not been able to make a significant impact, given the magnitude of the problem and difficulties in reaching the excluded population but still there is lot of scope for banks to do so many things to expand their business especially in rural market. Currently banking sector in India also well capitalized with both core capital adequacy and leverage ratios at comfortable level. However right now in the near term on account of tight monetary policy the banks are facing margin pressure due to numerous rate hikes and the trend may continue for another one more quarter, Actually RBI is trying to control the inflation which is hovering above the comfort level, in the last 15 months RBI has increase the key policy rates 10 times and further may continue to ease from the inflation.

Capital Infused by Govt of India to improve CAR As a part of recapitalization plan by Govt of India, Andhra bank has also got the capital infusion of Rs 1173 crore in Q4FY11. This effusion has improved the Capital Adequacy Ratio Basel II at 14.38% from 13.93% in Q4FY10. This infusion has been done by the Govt at Rs 157 per share and increased the govt's stake at 58% in Q4FY11.

Addition of Branches will generate new business Andhra Bank is ready to expand its branches especially in one of most populated state of India Uttar Pradesh (UP). In UP by this year bank plans to double its branches from existing 24 to 48, bank will also increase the business to Rs 2,500 crore from existing Rs 1,225 crore.

Strong Business Growth in the last five years The business of the Andhra Bank has been grown at CAGR of 20% is last five years (FY08-FY11). As on 31st March 2011 the total deposits of the bank grew by 22% to Rs 921.56 bn while the Advance for the same period grew at 26% to Rs 714.35 bn. The Credit over every deposit ratio of the bank also stood at 77.5% for the FY11.

Strengthening its Agriculture financing in North region also After expanding its presence in southern states Andhra Bank is now looking to expand its business in northern states also. Bank is expert is financing agricultural infrastructure projects and therefore ready to in UP also it is ready to carve a niche in lending to rice mills, sugar mills, cold storage and ware-housing projects.

“To get profit without risk, experience without danger, and reward without work is as impossible as it is to live without being born”

Quantitative Analysis

Rajesh Exports Ltd has announced the following results for the quarter & year ended March 31, 2011: The Unaudited results for the Quarter ended March 31, 2011 The Company has posted a net profit of Rs 506.95 million for the quarter ended March 31, 2011 as compared to Rs 985.57 million for the quarter ended March 31, 2010. Total Income has increased from Rs 63017.83 million for the quarter ended March 31, 2010 to Rs 63649.26 million for the quarter ended March 31, 2011. The Audited results for the Year ended March 31, 2011 The Company has posted a net profit of Rs2479.58 million for the year ended March 31, 2011 as compared to Rs 1934.11 million for the year ended March 31,2010. Total Income has increased from Rs 185294.48 million for the year ended March 31, 2010 to Rs 208643.81 million for the year ended March 31, 2011. Leading gold jewellery- maker and exporter -- Rajesh Exports-- has earmarked its ambitious plan of retail expansion across India. The company has set aside Rs 6,500 crore to set up a 550-store network pan-India over the next three years.

On technical perspective, after taking significant correction from the highs of Rs 140, scrip has shown crucial resistance below Rs 80 level and we might see some buying opportunities in the near term. Nevertheless its technical indicators i.e. RSI and MACD also revealed some technical pull back in near term.

Shree Renuka Sugars is looking to commence its 1 million metric tonne (mmt) plant at Gujrat in middle of this year, company officials quoted. With the commencement of this plant, the company's total capacity will increase to 9,000 tonne a day. The plant will supply sugar to sugar- deficit countries around India and meet local demand during years of shortage.  Shree Renuka Sugars has reported results for the second quarter March 31, 2011. The company's net profit for the second quarter has decline by 85.09% at Rs 29.20 crore as compared to Rs 195.90 crore for the quarter ended March 31, 2010. Its total income has decreased by 22.91% at Rs1234.70 crore for the quarter under review from Rs 1601.70 crore in the corresponding previous quarter. On consolidated basis, the group's net profit after minority interest for second quarter has plummeted 73.51% at Rs 59.40 crore as compared to Rs 224.20 crore for the quarter ended March 31, 2010. Total income for the quarter has increased by 6.84% at Rs 1930.50 crore as compared to Rs 1806.90 crore for the corresponding previous quarter. .

On technical viewpoint, stock has shown upward bias after having double bottom formation around Rs 55. In close proximity we believe stock is well poised to move in upward direction. Moreover it's RSI and other technical indicators stands in the positive territory where possibility of turnaround couldn't be rule out. Hence investors are advised to BUY this stock for a price target of Rs 75-80 in near term.

“As a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you're a financial genius”

Food Inflation Drops To 7.78% For Week Ended June 18 2011

Food inflation was in double digits for the most of last year,before showing signs of moderation since March this year. However, it has again started going up since the second half of May. While January-March  economic growth stood at 7.8%, the lowest in five quarters, industrial output also slowed down to 6.3% in April. According to the data released by the Ministry of Commerce and Industry on June 30, food price index declined to 7.78% on annual basis during week ended June 18, from an annual rise of 9.13% recorded in the last week. However, the index for 'Food Articles' group, which has a weight of 14.34%, declined by 0.8 % to 189.8 (Provisional)  from 191.3 (Provisional)  for the last week due to lower prices of poultry chicken (4%), masur (3%), tea, condiments & spices and jowar (2% each) and arhar, mutton and fish-inland (1% each).  But, the prices of egg, gram, urad, ragi and fish-marine  (2% each) and wheat and barley (1% each) moved up.  The annual rate of inflation, calculated on point to point basis, stood at 11.84 percent (Provisional) for the week ended June 18 as compared to 12.62 percent (Provisional) for the previous week.

The index for primary articles group which has the highest weightage of 20.12% in WPI cooled to 11.84 percent for the week from 12.62 for the previous week.The index for 'Non-Food Articles' group eased to 17.91 percent from 18.43 percent for the previous week due to lower prices of flowers  and  raw  cotton  (3%  each),  cotton  seed  (2%)  and  raw  jute,soyabean  and raw silk (1% each). The index for Fuel & Power group which carries a weightage of 14.91%, rose to 12.98 percent for the week against  12.84  recorded  in the previous  week  due  to higher  prices  of aviation turbine fuel (3%), naphtha (2%) and furnace oil (1%).   On the other side Bank credit grew by around 20.9% to Rs 41 lakh crore and deposits increased by 17.7% to Rs 54.94 lakh crore, in the 12 month period ended June 17, 2011, the increased bank credit indicates the increase in the industrial activities. Bankers, however, say that there is an absence of demand for new projects and adequate liquidity is preventing them from raising interest rates despite the Reserve Bank of India's measures. As per the data released by the Reserve Bank of India, credit off-take during the period stood at Rs 41.23 lakh crore against Rs 34.10 lakh crore in the same period  of  the  previous  year.  Simultaneously,   outstanding   deposits reached to a record Rs 54.94 lakh crore, an increase of 17.7% from Rs 46.64 lakh crore in the corresponding period last year.

Meanwhile expressing concern over the fragile global economic environment,  Prime Minister Manmohan Singh said, it was possible to raise economic growth rate to 9-10% annually on the back of improved physical  and social  infrastructure.  While  interacting  with  a group  of editors, he said, "We are committed to a growth rate of 9 to 10 percent per annum. Our savings rate is about 34 to 35 percent of our GDP...with an investment rate of 36 to 37 percent (and) capital output ratio of 4:1, we can manage to have a growth rate of 9 percent".

The Prime Minister (PM), however, said raising economic growth rate to double digits would require strong commitment to improving infrastructure  and upgrading  education  and healthcare  facilities.  His assertion comes in the wake of the RBI lowering the economic growth projection to 8% for the current fiscal as against 8.5% achieved in 2010-11. Also The Free Trade Agreement (FTA) between India and Malaysia will come into effect from July 01 2011. This FTA will provide access to Indian professional  like accountants,  engineers  and doctors to the key South- East Asian nation. As per the official statement released by Ministry of commerce and industry on June 30, 'the Comprehensive Economic Cooperation   Agreement   (CECA)  envisage  liberalization   of  trade  in goods, trade in services, investments and other areas of economic cooperation.' This is the fourth FTA with key Asian country, before this India  has  also  entered   into  similar   agreement   with  South  Korea, Singapore and Japan, while FTA with Japan will come into effect from August.

“Academic qualifications are important and so is financial education. They're both important and schools are forgetting one of them”

S&P To Deeply Cut Us Ratings If Debt Payment Missed

Fears of a technical default have been rising after budget negotiations between Democrats and Republicans fell apart in Washington earlier this week. Even a brief default by the United States would immediately increase the country's borrowing costs, weighing on the fragile economic recovery and eroding the dollar's status as a reserve currency. On Aug. 4, the Treasury Department is due to pay off $30 billion in maturing short-term debt. With the debt talks stalled, new ideas are surfacing such as prioritizing debt payments. But Treasury Secretary Timothy Geithner warned lawmakers on Wednesday that such a move would still cause investors to shun U.S. Treasury securities.

United States now borrows roughly 40 cents of every dollar it spends; prioritizing payments with no debt limit increase would require cutting 40 percent of all government expenditures. S&P is not the first agency to say it will downgrade the United States if a payment is missed. Rival credit rater Moody's on June 2 was the first to say it would downgrade the United States shortly after a possible ceiling-related default, but not as deeply -- to the Aa range.

US MARKETS:  The US markets closed higher for the fourth straight day on Thursday (30.06.2011), all the major indices were up by over a percent after Greece cleared the final hurdle needed to receive its next installment of emergency loans. Greek lawmakers passed a cost-cutting bill that had to be approved before international lenders would release $17 billion in rescue funds to Greece. The investors' morale was also boosted by a report of pickup in manufacturing around Chicago. A Chicago-area manufacturing gauge unexpectedly accelerated in June, according to data released Thursday, the Chicago business barometer, which also is called the Chicago PMI, rose to a 61.1% reading from a 56.6% level in May to break a three-month losing run. The Dow Jones Industrial Average surged by 152.92 points, or 1.25 percent, to 12,414.34. The S&P 500 added 13.23 points, or 1.01 percent, to 1,320.64 and the Nasdaq composite gained 33.03 points, or 1.21 percent, to 2,773.52. Crude prices moved higher on Thursday, extending their rally for a second day on expectations Greece's debt crisis would be resolved. Though, the prices were down by 7 percent for the month and 10 percent for the quarter. A weak dollar, Greece's passage of an austerity plan and supportive Chicago manufacturing data collectively lent support to crude prices. Benchmark crude for August delivery ended up 65 cents, or 0.69 percent, at $95.42 a barrel, after trading in a range from $93.88 to $95.82 on the New York Mercantile Exchange. In London, August Brent crude rose 8 cents, or 0.1%, to $112.48 a barrel on the ICE.

Bank of America Corp. reached an $8.5 billion settlement with investors over claims it sold them bad loans. The investors said Bank of America violated agreements with them by selling them low-quality mortgage-backed securities that lost value when the housing market collapsed.Meanwhile Asian equities carried forward the gaining momentum this Thursday as investors continued to show buying interests on being encouraged by the headway seen in Greece which inched closer towards adopting the crucial but harsh package of austerity measures to avoid a default. The overnight Wall Street too exhibited optimistic trends thereby supporting the regional sentiments. The benchmarks in China and Hong Kong gained a lot of traction in the morning trades amassing around one and half a percent points as funds contnued to chase out performers to make portfolios look healthier. The Japanese stocks advanced led by utilities companies which rose on expectations of more nuclear reactor restarts.

“A tragic irony of life is that we so often achieve success or financial independence after the chief reason for which we sought it has passed away”