Stock Trading Tips-17th 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
Sell MRPL
Tgt: 85
Stpls: 99
Sell Tech Mahindra
Tgt: 751
Stpls: 809
Sell IDBI
Tgt: 101
Stpls: 114
Sell Union Bank of India
Tgt: 202
Stpls: 227
Sell TCS
Tgt: 372
Stpls: 402


HOT STOCKS:
To Buy:TTML, UCO Bank, Cairn India, PFC
To Sell: Tata Motors, Suzlon, JP Associates, Yes Bank, Satyam, GVK Power, IVRCL Infra


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. Court directs Reliance to sell gas to RNRL at $2.34
2. Nomura agrees to buy 30.5% stake in LIC MF
3. Coal ministry mulls divesting stake in CIL
4. Bank Muscat to sell remaining stake in HDFC Bank
5. Flawless Diamond bags Rs 11 cr orders
6. Unitech targets sale of 20 mn sqft in FY'10
7. IVRCL Infra bags orders worth Rs 432 crore

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%
29 RCF Q4 net drops at Rs 39.35 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