Stock Trading Tips-17th July 2009

Suggestion: Time to be very careful in Market. Keep coming Budget in Mind and buy stocks with good analysis of budget.

Tips:
Buy NTPC
Tgt: 212
Stpls: 198
Sell Unitech
Tgt: 66
Stpls: 76
Sell RPower
Tgt: 155
Stpls: 170
Sell Opto Circuits.
Tgt: 160
Stpls: 177
Buy Ranbaxy Labs
Tgt: 280
Stpls: 245
Buy Reliance Infra
Tgt: 982
Stpls: 1091

HOT STOCKS:
To Buy:3i Infotech, PowerGrid, IDBI, PFC, Polaris
To Sell: Reliance Industries, GMR Infra, Bank of India, Central 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

NEWS FRONT
1. CMIE lowers GDP rate to 5.8% on bleak monsoon
2. Tata Steel hikes stake in Riversdale to 19.38%
3. Gujarat NRE Coke buyout of Oz coal co on track
4. `BHEL cash-surplus, govt may bring in FPO next fiscal’
5. Sterlite to make $1.5 b ADS offer
6. Inflation rises to -1.21%
7. MTNL takes franchise route to sell 3G services
8. SBI Life eyes 55% rise in insurance premium income

CORPORATE RESULTS
1. Ansal Properties net dips 81%
2. Unitech net down 28%
3. Greenply net down 1% at Rs 8.5 cr
4. Resurgence Mines & Minerals net dips 66%
5. Motherson Sumi Q3 profit up 19.47%
6. Patel Engineering Q4 net up 25% at Rs 63.22 cr
7. Tulip Telecom Q4 net up 60%
8. Hindalco Industries consolidated net down 78%
9. Ackruti City net profit dips 12% at Rs 264.73 cr
10. Fortis Healthcare Q4 net profit at Rs 6.69 cr
11. Gitanjali Gems consolidated net dips 6%
12. Bombay Rayon Fashions consolidated net profit at Rs 136 cr
13. Gemini Communication consolidated net dips 63%
14. Simplex Infra Q4 net at Rs 29 cr
15. Koutons Retail posts Rs 35.82 cr net in Q4
16. Geojit BNP Paribas Q1 net up 86%
17. Shiv Vani Oil Q1 net profit up 16%
18. IDBI Bank Q1 net up 76% at Rs 172 cr
19. PFC Q1 net up 87%
20. IBN18 Broadcast Q1 net profit at Rs 5.90-cr
21. Bajaj Auto Q1 net profit jumps 67%
22. Polaris June quarter net rises 18%
23. L&T Q1 net profit rises to Rs 1,598-cr
24. Welspun-Gujarat Stahl Q1 net up 94% at Rs 138-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