Stock Trading Tips-2nd 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 Selmcl
Tgt: 92
Stpls: 62
Buy Satyam Computers and Services
Tgt: 80
Stpls: 70
Buy Suzlon
Tgt: 118
Stpls: 101
Buy India Infoline
Tgt: 142
Stpls: 122
Buy HDIL
Tgt: 248
Stpls: 231
Buy GVK Power Infra
Tgt: 51
Stpls: 38


HOT STOCKS:
To Buy:Unitech, GMR Infra, Uco Bank, Maruti, Infosys, RIL.
To Sell: Hindalco, ICICI Bank, Chambal Fertilisers, Nagarjuna Fertilisers.


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. Hindalco net down 78% on dip in demand
2. Unitech to raise Rs 2,789 cr thru QIP
3. Days before the general budget, the Government on Wednesday hiked the
petrol and diesel prices by Rs 4 and Rs 2 per litre, respectively
4. Gammon consortium bags Rs 500-cr Paradip project
5. McNally Bharat bags order worth Rs 82 cr
6. M&M automotive sales grow 18.72% in June
7. Rel Infra bags IT consultancy projects in Karnataka
8. ABB bags Rs 165 cr Uttarakhand power projects order
9. L&T bags two orders worth Rs 651 cr
10. HCC to raise Rs 480 cr via QIP

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


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