Stock Trading Tips-12th June 2009

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

Tips:

Buy Satam Computers
Tgt:98
Stpls: 80
Sell Punjab National Bank
Tgt: 592
Stpls: 622
Sell IDBI Bank
Tgt: 91
Stpls: 109
Sell Punj Lloyd
Tgt: 214
Stpls: 232
Buy Gitanjali Gems
Tgt: 144
Stpls: 128
Buy Tata Steel
Tgt: 462
Stpls: 432

HOT STOCKS:
To Buy:Tata Chemicals, Bhushan Steel, HT Media, TV 18, Idea
To Sell: Tata Motors, TCS, Infosys, Canara Bank, GMR Infra, Suzlon

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. Pranab sees merit in bank consolidation for stability
2. BSNL shortlists consultants for M&A, overseas forays
3. Inflation slips to 0.13 per cent
4. L&T sells 11.49% stake in UltraTech
5. REC plans to raise around Rs 3,000 cr via FPO
6. ARINC bags order for deploying systems at IGI airport
7. Satyam board not for recommending support to open offer
8. Compucom bags Rajasthan govt order

CORPORATE RESULTS
1. Deepak Fertilisers net up 26% at Rs 39.63 cr
2. Varun Shipping net up 51% at Rs 122.97 cr
3. Bajaj Holdings & Investment Q4 net at Rs 86 cr
4. Somany Ceramics Q4 net at Rs 2.11 cr
5. Bajaj Auto Q4 net dips 50% at Rs 69 cr
6. Jet Airways Q4 profit at Rs 53 crore
7. Sharp India Q4 net up 55%
8. NIIT Tech March qtr net dips 58.50%
9. Agro Tech Foods FY'09 net up 28%
10 Bank of Baroda consolidated net up by 54%
11 Jindal Steel net up at Rs 1,536 cr in FY 09
12 BHEL Q4 net up 21% at Rs 1,347 cr
13 MRPL Q4 net up at Rs 608 cr
14 Bajaj Electrical Q4 net up 43%
15 M&M Q4 net up 89% at Rs 418 cr; to pay Rs 10
16 L&T Q4 net up 3% at Rs 998.50 cr
17 SAIL Q4 net down 37% at Rs 1,487 cr
18 Nava Bharat Q4 net dips 16% at Rs 108 cr
19 Yamaha Motor sales rise 82% in May
20 TVS Motor sales up 5% in May
21 Hyundai sales down 4% in May
22 Shiva Cement dispatches up 21%
23 Hero Honda sales up 22% in May
24 Maruti sales up 15%
25 Kalpataru Power Q4 net dips 54%
26 HPCL Q4 net jumps 13-fold at Rs 5,104 cr
27 McLeod Russel Q4 net loss at Rs 88.61 cr


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