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Aditya Trading Solutions recommend model portfolio for December 2016

Aditya Trading Solutions | 07 Dec, 2016  | Follow Author | Add to my Favourites 
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November was an eventful month on both the global and domestic front. On the global front, the most awaited one was the U.S Presidential elections and on the domestic front it was the surprise move by government of India to make old Rs.500 and Rs.1000 notes illegal from midnight of November 8, 2016. The S&P BSE Sensex and CNX Nifty fell 4.6% and 4.77% respectively in the month of November 2016. Even though Indian stock markets managed to stage a recovery in the last few trading sessions of the month, it was among the worst performers in emerging Asian equities, both in terms of absolute fall and foreign outflows.

We are expecting temporary disruptions to economic activity due to the recent currency demonetization step by the government of India. Q3FY17, economic activity will be hit because of cash crisis. This surprise currency demonetization is coming at a time when most of the foreign and domestic fund managers and institutions expected a rise in GDP on the back of 7th pay commission and a prospective GST implementation. While, parliament logjam over demonetization issue continues to have a negative impact, December series expiry started off with a bang allowing the benchmark indices to snap 4-week losing streak. However, going forward, we believe that any development on the demonetization issue including parliamentary proceedings, Fed rate hike will drive the markets. GDP and PMI data from other major economies like the US, China and Japan will also weigh on markets. Globally, US Fed’s stance on interest rates is the most awaited event. On the domestic front, earnings recovery, implementation of the Goods and Services Tax (GST), Reserve Bank of India’s (RBI) take on interest rates and upcoming State elections would be closely tracked by market participants. We believe that they are likely to have short term impact and not de -rail long term growth prospect as the structural drivers of Indian economy continue to remain intact.

We at ATS are bullish on the markets and think that the dips should be used by long term investors to add for riding the subsequent upmove. However investors need to be careful about the quality of stocks they invest in as the broader market and stocks may still keep underperforming (due to over investment, high leverage, high cost acquisitions, poor governance practices etc in a host of companies) while the top 150 odd stocks may outperform. Below given are some of our picks for the month of Dec 2016.

  • CCL Products


Buy at cmp (Rs.277.50) and further add on declines towards Rs.260 levels for a target of Rs.320.Holding period 1-2 quarters.

  • CEAT

Buy at cmp (Rs.1266.85) and further add on declines to around Rs.1200 levels for sequential targets of Rs.1350 and Rs.1410,holding period 1 quarter.

  • Siyaram Silk Mills


Buy at cmp (Rs.1242) and further add on declines towards Rs.1200 levels for a target of Rs.1350 and Rs.1425.Holding period 1-2 quarter.

  • Eicher Motors


Buy at cmp (Rs.22480) and further add on declines to Rs.21530 levels for a target of Rs.25000.Holding period 1 quarter.

  • Hind Zinc


Buy at cmp (Rs.276.50) and further add on declines to Rs.260 levels for a target of Rs.310.Holding period 1 quarter.


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About Aditya Trading Solutions

Aditya Trading Solutions (ATS) is a full spectrum INVESTMENT MANAGEMENT house specializing in equity and commodity trading. We are one of the earliest members of MCX and pioneers of online commodity broking in Tamilnadu. Services offered include trading in Equity, Commodity, Currency, PMS and SIP. ATS is promoted by young and dynamic entrepreneurs who have years of proven experience in international derivative markets like NYMEX and worked with several FORTUNE 500 companies. ATS is the largest online commodity trading company in Tamilnadu. Its client base consists of a long list of satisfied institutional and retail client base broking. Headed by Mr. Rethish Varma S, who has several years of experience in Equity Research after having worked with COPAL AMBA a Moody's Analytics Company, HDFC Securities Ltd and Doha Brokerage and Financial Services Ltd. ATS possess an experienced and qualified team of research professionals offering unbiased advice on investment decisions. ATS can be accessed at


For more information please write in to [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

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