Monday, March 16, 2009

Stock Trading Tips-17th March 2009

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

Tips:

Buy Suzlon: Tgt: 48
Stpls: 32
Buy Glenmark Pharma: Tgt:149
Stpls: 127
Sell PFC: Tgt: 132
Stpls: 146.5
Buy DLF: Tgt: 172
Stpls: 145
Buy Syndicate Bank: 62
Stpls: 39
Buy Unitech: 34
Stpls: 24.5
Buy Cairn India: Tgt: 172
Stpls: 134

Hot Stocks:
Punj Lloyd, Renuka Sugars, Balrampur Chini Mills, Axis Bank, JP Associates, 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. Tata Motors credit rating may be downgraded by S&P
2. LIC hikes stake in Cummins India to 7.60%
3. LIC hikes stake in IOB to 9.96%
4. Coca Cola to leverage digital media to promote Thums Up
5. Bhushan Infra hikes stake in Bhushan Steel to 3.29%
6. Everonn receives LoI from Bangalore College

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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