Stock Trading Tips-22nd 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 Yes Bank
Tgt: 162
Stpls: 143
Sell Unitech
Tgt: 76
Stpls: 84
Buy JP Hydro
Tgt: 89
Stpls: 78
Sell Guj Nre Coke.
Tgt: 47
Stpls: 53
Buy Ranbaxy Labs
Tgt: 280
Stpls: 245
Sell PowerGrid
Tgt: 102
Stpls: 113

HOT STOCKS:
To Buy:SBI, GMR Infra, Infosys, Wipro
To Sell: JP Associates, Suzlon, Parsvnath

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. Ranbaxy gets Canada's nod to market cholesterol drug
2. Reliance Cap to sell stake in life insurance biz
3. Dr Reddys Labs Net jumps to Rs 239 cr
4. HDFC Bank cuts lending rates by 25 bps
5. Overseas investors buy Rs 234 cr worth derivatives
6. Essar Oil ties up $ 920 million to fund refinery expansion
7. Suzlon Energy raises $202 m via GDRs, FCCBs
8. Solane Robinson hikes stake in Glenmark to 5.31%

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
25. Era Infra Q1 profit zooms 86%
26. Ultratech Cement Q1 net up 58%
27. DCSL Q1 net profit jumps to Rs 21.2 crore
28. Yes Bank Q1 profit up 84%

Remarks: My best wishes are with all the traders and hope you would like them. For any queries contact me personally on +91-9873233952