Stock Trading Tips 18th August 2009

Suggestion: Global market is in deep red, so probably there would be gap down opening for Indian market too. So avoid long run in stocks. Better clear your position EOD.

Tips:
Buy Suzlon
Tgt: 92
Stpls: 78
Buy JP Hydro
Tgt: 86
Stpls: 77
Sell DLF
Tgt: 352
Stpls: 374
Sell HDIL
Tgt: 254
Stpls: 276
Sell JP Associates
Tgt: 194
Stpls: 208
Sell Punj Lloyd
Tgt: 204
Stpls: 228
HOT STOCKS:
To Buy:Polaris, NTPC, PFC, Raj Oil Mills.
To Sell: Edserv, PSTL, FSL

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:Adani Power (Price Band: 90-100), NHPC (Price Band: 35-45 (Expected))

NEWS FRONT
1. Sensex tanks 627 points on selling spree
2. Airtel invests over $500 m to connect global telcos
3. Centre wants EPFO to invest 5% funds in stocks
4. BHEL, Trichy eyeing Rs 10,000 cr turnover
5. McNally Bharat Engg bags Rs 151 cr order from BHEL
6. Cairn JV seeks $6.75 per mmBtu of Ravva gas
7. Japan's GDP rises 3.7% in April-June
8. MIC Electronics to raise Rs 218 cr via warrants, GDRs

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. Shriram EPC Q1 net up 10% to Rs 8-cr
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. Punj Lloyd Q1 net profit up 13% at Rs 127 cr
17. Dabur India Q1 net up 15%
18. Zydus Cadila Q1 net rises 39% to Rs 124 cr
19. HUL Q1 net down nearly 3% at Rs 543.19 cr
20. Orbit Corp Q1 net dips to Rs 18 crore
21. Sterlite Industries Q1 net profit dips 42% at Rs 673 cr
22. Hero-Honda Q1 net zooms 83% to Rs 500 cr
23. Aditya Birla Nuvo posts loss in Q1
24. IVRCL Infra Q1 net down at Rs 35.10 cr
25. HDIL Q1 net down at Rs 107.50 cr
26. Greenply Q1 net up 56.96% to Rs 10.92 crore
27. Reliance Infra Q1 net up 25% to Rs 317 cr
28. SAIL Q1 net down 28% at Rs 1,326 cr
29. PTC India Q1 net up at Rs 33.30 cr
30. Voltas Q1 net slips

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