Stock Trading Tips-15th June 2009

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

Tips:

Sell Satyam Computers
Tgt:72
Stpls: 83
Buy Essar Oil
Tgt: 200
Stpls: 165
Sell Tech Mahindra
Tgt: 688
Stpls: 741
Sell IDFC
Tgt: 131
Stpls: 142
Sell Infosys
Tgt: 1700
Stpls: 1740
Sell Wipro
Tgt: 384
Stpls: 422
Sell Tata Motors
Tgt: 325
Stpls: 372

HOT STOCKS:
To Buy:TTML, UCO Bank, Cairn India.
To Sell: Tata Motors, Suzlon, JP Associates, Yes 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. L&T makes Rs 1,037 cr by exiting UltraTech
2. Reliance, Essar Oil keen on lifting Cairn’s Mangala crude
3. April industrial growth at 1.4%
4. Vedanta to up stake in Sesa Goa to 55%
5. McNally bags Rs 300 crore order
6. BHEL bags Rs 4,015 crore Hindalco order
7. Steel Min to spend Rs 70,000 cr on PSUs revamp
8. BlackRock to acquire Barclays Global Investors for $13.5 b
9. Tim Morse to be new Yahoo! CFO

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
28 Srei Infra Q4 net dips 38%


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