Stock Trading Tips-23rd July 2009

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

Tips:
Sell ITC
Tgt: 212
Stpls: 221
Sell Voltas
Tgt: 126
Stpls: 140
Buy JP Hydro
Tgt: 89
Stpls: 76
Buy Punj Lloyd.
Tgt: 247
Stpls: 235
Buy GMR INfra
Tgt: 152
Stpls: 137
Buy Bharti Shipyard
Tgt: 152
Stpls: 137

HOT STOCKS:
To Buy:Wipro, Suzlon, Guj Nre Coke, Marico, MRPL
To Sell: TCS, Reliance Industries, United Spirits

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. Govt raises 2008-09 foodgrain output estimates by 4 mt
2. Govt to re-launch NELP VIII on August 8
3. Tech Mahindra's Q1 net halved; debt at Rs 2,380 cr
4. Binani Cement to invest $125 m on China JV
5. GAIL to buy gas from ONGC at $5.5/mmBtu
6. Tata Power raises $335 mn for ongoing projects
7. TNPL net slips 7 per cent
8. Indiabulls Financial Services raises $200 mn via QIB

CORPORATE RESULTS
1. Tech Mahindra's Q1 net halved; debt at Rs 2,380 cr
2. Unitech net down 28%
3. Spice Communications posts Rs 35 cr Q1 net loss
4. Piramal Healthcare Q1 net up 25% at Rs 85 cr
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. GTL June quarter net up 77% at Rs 59 crore
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