Suggestion: Global Market doesn’t seem to be in good shape. Indian market is in consolidating stage and results are also that as good as in previous quarter. But still consider 30% risk all over and accordingly make 50% of total cash invested.
TIPS:
Sell Idea Cellular
Tgt: 60
Stpls: 70
Buy Shree Asthvinayak Cine Vision Ltd
Tgt: 17
Stpls: 13
Sell HDIL
Tgt: 257
Stpls: 275
Buy Educomp Solution Ltd
Tgt: 625
Stpls: 598
Buy Zee News
Tgt: 14.5
Stpls: 13
Buy Bajaj Hindustan Ltd
Tgt: 121
Stpls: 105
HOT STOCKS:
To Buy:Suzlon, NHPC, Hilton Metal Forging, Broadcast Initiatives
To Sell:MRPL, Indian Oil,
MFs to Buy:
Diversified 1) Birla SL Dividend Yield (G) , 2) ICICI Pru Discovery Fund (G)
ELSS: 1) Canara Robeco Tax Saver (G), 2) HDFC Tax Saver Equity Fund (G)
Debt: 1) LIC MF Floating Rate (G) 2) Can Robeco Income (G)
New Fund Offers: 1) Canara Robeco Large Cap+ (G), 2) Axis Triple Advantage Fund (G)
Upcoming IPO’s: 1) Engineers India Ltd.(Jul 27- 10Jul 30) 5.00
2) SKS Microfinance Ltd.(Jul 28- 10Aug 02) 10.00
NEWS FRONT
1. Maruti Suzuki Q1 PAT down 20.37% at Rs 465cr
2. Maharashtra, UP sugar cos decide to hike prices: Sources
3. ‘India to generate 1,000-MW solar power by 2013’
4. Reliance Life ties up with NetAmbit for distribution
5. Triveni in advanced stage of talks to bag Rs 500 cr order
6. Apollo to decide on overseas partner for Wellness shortly
CORPORATE RESULTS
1. BHEL Q1 net up 42% to Rs 667.6cr, beats estimates
2. Maruti Suzuki Q1 PAT down 20.37% at Rs 465cr
3. IOC posts Rs 3,388-cr loss as refining margin slumps
4. United Bank Q1 profits rise 53.5%
5. Indian Bank Q1 net up at Rs 368-cr on interest income
6. RINL posts Rs 10,635 cr turnover
Remarks: My best wishes are with all the traders and hope you would like them. For any queries contact me personally on +91-9873233952
No comments:
Post a Comment