Sunday, March 15, 2009

Stock Trading Tips-16th March 2009

Suggestion: Time to accumulate good stocks in small volumes to get 20%-30% by year end.

Tips:

Buy ICICI Bank: Tgt: 328
Stpls: 286
Buy Satyam Computers: Tgt:49
Stpls: 36
Buy Pyramid Saimira (PSTL): Tgt: 18.5
Stpls: 13.25
Buy ONGC: Tgt: 722
Stpls: 656
Buy Syndicate Bank: 62
Stpls: 39
Buy Punj Lloyd: 102
Stpls: 69
Buy Cairn India: Tgt: 172
Stpls: 134

Hot Stocks:
Punj Lloyd, Renuka Sugars, Balrampur Chini Mills, Axis Bank, Unitech, Andhra Bank, Indian Overseas Bank, Rolta, Rei Agro, Uco Bank, Sterlite Inductries, RIL, RPL

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

ECONOMIC TIMES
1. UN in talks with Satyam for contract termination
2. Oil firms raise ATF prices by Rs 158 per kl
3. No tax concession on gains in Satyam open offer
4. HPL's Supermax cost escalates; shutdown delayed
5. FIIs net sell Rs 9217 cr in equities year to date
6. Mkt outlook: Experts see further upmove next week

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

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