Stock Trading Tips-5th June 2009

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

Tips:

Buy Satam Computers
Tgt:82
Stpls: 66
Buy GVK Power Infra
Tgt: 510
Stpls: 46
Buy IDBI Bank
Tgt: 111
Stpls: 94
Sell Suzlon
Tgt: 108
Stpls: 139
Sell Infosys
Tgt: 1600
Stpls: 1662

HOT STOCKS:
To Buy:Polaris, ICICI bank, RIL.
To Sell:
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. ICICI Bank slashes benchmark lending rate by 50 bps
2. Inflation falls to 0.48%
3. Shipments from EoUs shrink nearly by 3%
4. Anu's lab to invest Rs 250-cr for expansion
5. Parsvnath bags Rs 19-cr order from DMRC
6. Subhash Projects bags Rs 105-cr orders from NTPC
7. Orbit Corpn to raise Rs 500 crore thru private placement
8. Flawless Diamond bags Rs 33-cr orders

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