Stock Trading Tips 7th August 2009

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

Tips:
Buy Suzlon
Tgt: 98
Stpls: 88
Buy JP Hydro
Tgt: 92
Stpls: 83
Buy FirstSource Solutions Ltd
Tgt: 32
Stpls: 24
Buy Selmcl
Tgt: 74
Stpls: 62
Sell Unitech
Tgt: 82
Stpls: 96

HOT STOCKS:
To Buy:Reliance Infra, UCO Bank, NTPC, GMR Infra
To Sell: Voltas, Welspun Gujrat, Nestle.

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. Inflation declines 1.58%
2. Infosys pursuing 12-15 deals in $1-b range
3. Govt to release Rs 2,546-cr subsidy for textiles in three days: Maran
4. Hindustan Dorr bags order worth Rs 39.5 crore
5. Punj Lloyd to raise Rs 670 cr thru QIP
6. Thermax bags $20 m contract from Egyptian firm
7. Oilmeal exports dip 63% in July

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. 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. Sterlite Industries Q1 net profit dips 42% at Rs 673 cr
26. Hero-Honda Q1 net zooms 83% to Rs 500 cr
27. Aditya Birla Nuvo posts loss in Q1
28. IVRCL Infra Q1 net down at Rs 35.10 cr
29. HDIL Q1 net down at Rs 107.50 cr
30. Greenply Q1 net up 56.96% to Rs 10.92 crore
31. Reliance Infra Q1 net up 25% to Rs 317 cr
32. SAIL Q1 net down 28% at Rs 1,326 cr
33. PTC India Q1 net up at Rs 33.30 cr
34. 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