Thursday, March 5, 2009

Stock Trading Tips-6th March 2009

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

Tips:

Sell Icici Bank: Tgt: 255
Stpls: 305
Buy Bank of India: Tgt:235
Stpls: 182
Buy MRPL: Tgt: 45
Stpls: 36
Buy Marico: Tgt: 72
Stpls: 55
Buy Ranbaxy: Tgt 180
Stpls: 138
Buy Renuka Sugars: Tgt: 82
Stpls: 68

Hot Stocks:
Punj Lloyd, Renuka Sugars, Axis Bank, Unitech, Andhra Bank, Indian Overseas Bank, Rolta, Rei Agro, Uco Bank.

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. Ranbaxy dips 9% in mid-day trade
2. JSW Steel output up 8.50% in Feb
3. Tata Motors ties up with PNB for car finance
4. Pudumjee Pulp fixes RD for stock split
5. Inflation eases to 3.03%
6. Steel demand likely to go up in Feb on auto, construction orders
7. Mahindra Renault launches ‘Logan Edge Connect’

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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