Stock Trading Tips-18th June 2009

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

Tips:

Sell Shipping Corp
Tgt:110
Stpls: 128
Buy Satyam Computers
Tgt: 85
Stpls: 73
Sell Sesa Goa
Tgt: 172
Stpls: 191
Sell IDFC
Tgt: 124
Stpls: 138
Sell HDIL
Tgt: 212
Stpls: 249
Buy PFC
Tgt: 202
Stpls: 192


HOT STOCKS:
To Buy:TTML, PFC, GVK Power and Infra, PowerGrid, RIL, Parsvnath, TCS
To Sell: Wipro, JP Associates, Unitech, Nagarjuna Fertilizers, Rastriya Chemicals, Balram Chini


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. Import of mobile phones without IMEI number banned
2. IRB Infra emerges lowest bidder for NHAI project
3. HDIL to raise $600 m via QIP
4. Omaxe subsidiary gets UP govt contracts
5. IL&FS Investsmart promoter makes offer for 6.14% stake
6. EPFO may retain 8.5% interest in 2009-10
7. Jet Airways hikes fuel surcharge by Rs 400

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