Stock Trading Tips-07th January 2009

Wishing you a very Happy New Year!

Suggestion: Try to avoid long term positions for next 10-15 days. For these days market will remain highly volatile and probably will be going down.

Tips:
Buy Punj LLoyd: Tgt: 162
Stpls: 145
Sell RNRL: Tgt: 52
Stpls: 68
Sell Unitech: Tgt: 45
Stpls: 52

Buy Tata Power: Tgt: 830

Stpls: 800

Buy Cairn India: Tgt: 185

Stpls: 165

MFs to Buy:

Diversified: 1) IDFC Imperial Equity (G), 2) Birla SL Dividend Yield (G)

ELSS: 1) Sundaram Tax Saver (G), 2) Reliance Tax Saver (G)

Balanced: 1) UTI Childrens Career Balanced (G)

Debt: 1) HDFC Floating Rate Inc- LTP (G)

New Fund Offers: 1) Bharti Axa Tax Advtg- RP (G)

Upcoming IPO’s:

Nil

Remarks: My best wishes are with all the traders and hope you would like them. For any queries contact me personally on +91-9873233952