Stock Trading Tips-8th May 2009

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

Tips:
Sell ICICI Bank: Tgt: 518
Stpls: 542
Buy Balrampur Chini: Tgt: 82
Stpls: 72
Sell United Spirits: Tgt: 684
Stpls: 725
Sell JP Associates: Tgt: 136
Stpls: 152
Buy GMR Infra: Tgt: 128
Stpls: 112
Sell Unitech : Tgt: 46
Stpls: 57
Sell Dena Bank: Tgt: 42
Stpls: 49

HOT STOCKS:
To Buy:Uco Bank , Bajaj Hindustan, Renuka Sugars, GTL Infra
To Sell: Dena Bank, Icici Bank

MFs to Buy:
Diversified: 1) UTI Dividend Yield Fund (G) (G), 2) Birla SL Dividend Yield (G)
ELSS: 1) Sundaram Tax Saver (G), 2) HSBC Tax Saver Equity Fund (G)
Balanced: 1) UTI Childrens Career Balanced (G) 2) UTI CRTS 81(G)
Debt: 1) HDFC Floating Rate Inc- LTP (G) 2) LIC MF Floating Rate Fund (G)
New Fund Offers: NIL
Upcoming IPO’s:NIL

ECONOMIC TIMES
1. MF assets grow 12% in April; regains Rs 5-lakh cr mark
2. Suzlon bags GSPC's 52 MW wind power plant contract
3. Elecon bags order from BGR Energy
4. SEL posts highest ever sales of Rs. 208 cr in 2008-09
5. Tata Steel, RINL increase prices
6. Kingfisher dues: IOC encashes Rs 50 cr bank guarantee

CORPORATE RESULTS
1. Sesa Goa Q4 net dips 32%
2. Merck Q1 net dips 46% at Rs 8.61 cr
3. Pepsico Q1 profits dip; sees volume growth in India
4. Polaris Q4 net up 50% at Rs 32 cr
5. Hero Honda Q4 net up 34% at Rs 402.17 cr
6. GTL 4th quarter net dips 42%
7. Hindustan Zinc Q4 net dips 53%
8. ACC March quarter net at Rs 399.3 crore
9. Marico Q4 net up 9% at Rs 44 cr
10. HCL Q3 net dips 42% at Rs 152.57 cr
11. Yes Bank Q4 net up 24%
12. Bosch Q1 net dips 69% at Rs 49 cr
13. R Systems Q1 net up 20% at Rs 9.6 cr
14. Bartronics India March quarter net dips 53%
15. Noida Toll Bridge Co Q4 net up 20%
16. MIC Electronics net dips 57% at Rs 13 crore
17. Jaiprakash Associates net jumps 83%
18. HDFC Q4 net dips 4.50% to Rs 733 cr
19. Allahabad Bank Q4 net up 56% to Rs 264 cr
20. Kajaria Ceramics 4th quarter PAT down 87.76%
21.
Remarks: My best wishes are with all the traders and hope you would like them. For any queries contact me personally on +91-9873233952