Stock Trading Tips-19th June 2009

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

Tips:

Buy Satyam Computers
Tgt: 85
Stpls: 73
Buy Marico
Tgt: 80
Stpls: 66
Sell TTML
Tgt: 32
Stpls: 39
Sell HDIL
Tgt: 201
Stpls: 232
Sell JP Associates
Tgt: 181
Stpls: 199
Sell TCS
Tgt: 391
Stpls: 368
Sell Suzlon
Tgt: 92
Stpls: 105


HOT STOCKS:
To Buy:GMR Infra, Hindustan Unilever, Powergrid, RNRL
To Sell: Renuka Sugars, Tulip Telecom, Idea, Guj Nre Coke


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. Inflation turns negative on base effect. The WPI fell 1.61 per cent during the week ended June 6, sharply below previous week’s annual rise of 0.13 per cent
2. Shree Renuka Sugar to expand refining capacity
3. Deep Ind bags ONGC order worth Rs 29.62 crore
4. ONGC to resume operations in Nagaland
5. India eligible for a pie of ADB's $3 bn addl funds
6. HDFC, HDFC Bank cut deposit rates
7. Online air travel bookings fall post fuel surcharge hike

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
30 Spice Comm 15-month net loss at Rs 1,015 cr
31 Dish TV Q4 net loss at Rs 79 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