Stock Trading Tips 29th 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 Unitech
Tgt: 102
Stpls: 88
Sell Gammon India
Tgt: 131
Buy Shree Renuka Sugars
Tgt: 180
Stpls: 150
Buy Prism Cement
Tgt: 49
Stpls: 42
Sell JP Associates
Tgt: 232
Stpls: 246
Buy PFC
Tgt: 232
Stpls: 218

HOT STOCKS:
To Buy:Dhampur Sugars, Tata Motors, Ashok Leyland
To Sell: Gammon India, Orbit Corp, HUL

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. RBI survey projects higher growth in 2009-10 at 6.5%. RBI leaves key rates unchanged
2. Cairn may be allowed to sell Rajasthan oil to non-PSU refiners
3. RNRL shareholders join Anil in bashing Deora
4. SRF board approves buy back at Rs 160
5. Maruti produces 1 lakh KB series engines in 10 months
6. Reliance Power raises Rs 20k cr for funding projects

CORPORATE RESULTS
1. Ackruti City net profit dips 12% at Rs 264.73 cr
2. GTL June quarter net up 77% at Rs 59 crore
3. Gitanjali Gems consolidated net dips 6%
4. Bombay Rayon Fashions consolidated net profit at Rs 136 cr
5. Gemini Communication consolidated net dips 63%
6. Simplex Infra Q4 net at Rs 29 cr
7. Koutons Retail posts Rs 35.82 cr net in Q4
8. L&T Q1 net profit rises to Rs 1,598-cr
9. Welspun-Gujarat Stahl Q1 net up 94% at Rs 138-cr
10. Era Infra Q1 profit zooms 86%
11. Ultratech Cement Q1 net up 58%
12. DCSL Q1 net profit jumps to Rs 21.2 crore
13. Yes Bank Q1 profit up 84%
14. ITC Q1 net up 17% at Rs 879 cr
15. Maruti Suzuki Q1 net jumps 25.26%
16. Bank of Baroda Q1 net zooms 85% to Rs 685 cr
17. Tata Motors Q1 net soars 57% to Rs 513.76 cr
18. Balrampur Chini Q3 net profit jumps four-fold to Rs 66 cr
19. Punj Lloyd Q1 net profit up 13% at Rs 127 cr
20. Dabur India Q1 net up 15%
21. Zydus Cadila Q1 net rises 39% to Rs 124 cr
22. HUL Q1 net down nearly 3% at Rs 543.19 cr
23. Deutsche Bank quarterly profit surges 67% to €1.1 bn
24. Orbit Corp Q1 net dips to Rs 18 crore
25. Everest Kanto Q1 net halves to Rs 17 crore

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