Friday, July 31, 2009

Intraday Trading Calls for 31st July

Today Indian Stock Market (BSE & NSE) may open positive and remains good positive for the day today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

IDBI

Buy Above

105.25

109.70

114.00

Sell Below

103.35

100.05

96.00

ABG SHIPYARD

Buy Above

208.70

214.35

220.00

Sell Below

206.15

201.35

195.00

CHENNAI PETRO

Buy Above

181.25

186.45

192.00

Sell Below

178.50

174.15

168.00

ESSAR OIL

(500134)

Buy Above

146.20

151.30

156.00

Sell Below

144.15

140.60

136.00

BRFL

(532678)

Buy Above

177.60

183.10

190.00

Sell Below

174.70

170.05

165.00

CAIRN INDIA

Buy Above

234.50

240.15

245.00

Sell Below

232.20

228.45

224.00

REL POWER

Buy Above

170.60

175.05

180.00

Sell Below

168.35

164.20

160.00

GOOD LUCK

Wednesday, July 29, 2009

Intraday Trading Calls for 29th July

Stock Market India may open negative and remains negative with high volatility for today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

IDBI

Buy Above

107.20

110.55

115.00

Sell Below

105.45

102.10

98.00

HPCL

Buy Above

332.60

340.10

350.00

Sell Below

327.35

320.45

312.00

CHENNAI PETRO

Buy Above

179.75

184.25

190.00

Sell Below

176.40

171.65

165.00

ESSAR OIL

(500134)

Buy Above

142.60

148.40

154.00

Sell Below

140.00

136.20

131.00

MADRAS CEMENT (500260)

Buy Above

120.55

124.75

130.00

Sell Below

118.35

114.05

110.00

PSL LTD.

(526801)

Buy Above

126.80

131.65

136.00

Sell Below

124.35

119.45

115.00

REL POWER

Buy Above

175.05

180.35

186.00

Sell Below

173.25

169.20

165.00

Short Term Delivery Buy:

Buy BRFL (532678) at CMP Rs. 179/- & at decline for Short Term Target Rs. 230-245/-.

GOOD LUCK

Stock Idea: Century Textiles & Industries Ltd

The company reported a phenomenal performance for the first quarter ended 30th June 2009. During the quarter, the net profit of the company surged 2.27 times to Rs.141.62 crore as against Rs.62.50 crore in Q1FY09. Net sales increased to Rs 1,121.7 crore versus Rs 951.8 crore, YoY.

Its biggest earner has been cement, contributing 64% to the net sales at Rs.717.90 crore. EBIT from this division for the quarter was at Rs.255.66 crore, up over 117% on a YoY. EBIT margin at 36% is one of the best in the cement sector. The other two –pulp & paper and textiles have not really done too well. Pulp division posted a sales of Rs.235.70 crore, which is 21% of the net sales. On this, it posted an EBIT of merely Rs.1.02 crore, which is much below the EBIT of Rs.30.45 crore it had in Q1FY09. The textiles unit continues to suffer the most. Sales was at Rs.174.62 crore, which is today just 15% of the net sales. And its losses mounted in this division to Rs.19.86 crore during Q1FY10, up from Rs.9.31 crore loss in Q1FY09. The results for today thus means that though it is known as 'Century Textiles', its bread winner is the cement unit and that has been the case for some time now. The promoters of the company must quickly change its name to Century Industries Ltd.

Starting Feb 09', the company had temporarily suspended production of Tyre Yarn production at its Kalyan factory. This has been started partially from 1st July 2009 but overall capacity has been reduced to about 12% pa as against 25% pa reported earlier. The company has also deferred the expansion project for Multi-layer Packaging Board plant till the economic scenario improves. This had an outlay of Rs.775 crore and was scheduled to go on stream by Q2 of current fiscal.

Century is sitting on prime property of 40 acres in Worli, Mumbai. The company closed its textile mill at Worli, paid off all the labours, and obtained the closure permission from Labour Commissioner and Government of Maharashtra. Hence, property is all set for development and once the realty sector improves, this could become the biggest earner for Century. The company is not planning to sale any significant portion but is planning to lease it and this can give it an annual rental income of around Rs.800 crore. In addition to Worli property, Century owns Century Bhavan at Prabhadevi, having area available for development of close to 2 lakh sq. ft. and about 1.5 lakh sq. ft. at Shivaji Park known as Century Flats. Both these properties have present value of close to Rs.1500 crore and would see development in the near future.
We have been recommending this stock all along and maintain our 'buy' at current levels.
Source: www.premiuminvestments.in By S P Tulsian

Tuesday, July 28, 2009

Intraday Trading Calls for 28th July

Stock Market India may open positive and remains Flat with high volatility for today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

NAGARJUNA CONSTRUCTION

Buy Above

141.60

147.05

152.00

Sell Below

139.20

135.15

130.00

BANK OF BARODA

Buy Above

420.15

428.35

440.00

Sell Below

413.40

405.25

395.00

JP ASSOCIATES

Buy Above

241.75

247.70

254.00

Sell Below

239.35

234.15

228.00

SELAN EXPLO

Buy Above

187.80

194.35

201.00

Sell Below

184.35

180.10

175.00

VISHAL INFO

(533011)

Buy Above

45.55

48.35

51.00

Sell Below

44.35

42.05

40.00

PSL LTD.

(526801)

Buy Above

121.20

126.45

132.00

Sell Below

119.05

113.70

108.00

GMR INFRA

Buy Above

148.65

152.75

158.00

Sell Below

145.35

141.25

136.00

GOOD LUCK

Monday, July 27, 2009

Intraday Trading Calls for 27th July

Stock Market India may open positive and remains Positive with high volatility for today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

IDFC

Buy Above

132.10

136.55

142.00

Sell Below

130.05

125.45

121.00

CAIRN INDIA

Buy Above

247.25

252.15

258.00

Sell Below

244.50

240.35

236.00

JP ASSOCIATES

Buy Above

242.60

247.70

254.00

Sell Below

239.35

234.15

228.00

SELAN EXPLO

Buy Above

192.25

198.15

205.00

Sell Below

189.60

184.20

178.00

NILKAMAL

(523385)

Buy Above

90.25

95.15

100.00

Sell Below

88.30

85.10

81.00

ABG SHIPYARD

(532682)

Buy Above

197.25

203.15

210.00

Sell Below

194.35

190.05

185.00

GMR INFRA

Buy Above

142.50

148.35

154.00

Sell Below

140.00

136.05

131.00

Buy SELAN EXPLORATION (530075) CMP Rs. 191/- Very Short Term Target Rs. 250/-.

GOOD LUCK

Friday, July 24, 2009

Stock Idea: BHEL

A Navratna PSU, this is one of the best jewels in the crown. The company has done well for itself in Q1FY10. The company, on a YoY showed a growth of 23% at Rs 5,800 crore. Net profit jumped by over 22% at Rs 471 crore. But when one looks at the company on a sequential basis, it is evident that the company has suffered. It net sales, on a QoQ was down 48% but it managed to stem down a steeper fall in the net profit , which was down by just 4%. This was possible only because the company cut its tax provision by 67% at Rs.248.08 crore as against Rs.747.06 crore in Q4FY09. The company did not make provisions for fringe benefit tax, which is consequent to the abolition of fringe benefit tax in the Budget for the fiscal 2009-10.

At the end of Q4FY09, the company was sitting on inventory worth Rs.172.19 crore and this has been reduced to Rs.30.05 crore in Q1FY10. Like most of the PSU's, employee cost is a huge outgo for BHEL. At the end of 30th June 2009, it stood at Rs.1113.68 crore, up from Rs.895.30 crore in Q1FY09. Wage revision has surely eaten up quite a chunk of the income but hopefully by the end of Q2, it would have finished with all the provisioning.
In current Q1, 100% of the orders to the company came only from the private sector. The elections and the code of conduct prevented any Govt orders. But now that the elections are over, BHEL expects major chunk of order to come in from the Govt and we could see huge orders coming in Q2. Infact the company is go gungho about the orders that its has raised its previously given guidance of Rs.50,000 crore worth of orders to Rs. 55,000 crore during the current financial year. The company has an outstanding order book position of about Rs 124000 crore at the end of Q1.
Order book was never a problem with BHEL. The problem was too much order which led to inability to execute them. Infact BHEL was one of the reasons why the power sector missed its targets last fiscal. To rectify the situation, BHEL is expanding its capacity which is expected to go stream by 2011. Also given the priority which the power sector today has in our country, BHEL will only stand to gain. The company is also expecting six new orders for power equipment with a capacity to generate 600 Mw any time now. Power sector will thus light up BHEL. Stay invested.
Source: www.premiuminvestments.in (S P Tulsian)

Intraday Trading Calls for 24th July

Stock Market India may open positive and remains flat with high volatility for today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

IDFC

Buy Above

131.55

136.10

142.00

Sell Below

129.40

125.45

121.00

CAIRN INDIA

Buy Above

239.65

244.60

250.00

Sell Below

237.15

232.55

227.00

JP ASSOCIATES

Buy Above

230.75

235.15

241.00

Sell Below

227.50

223.15

218.00

SELAN EXPLO

Buy Above

192.25

198.15

205.00

Sell Below

189.60

184.20

178.00

HDIL

Buy Above

253.25

259.15

268.00

Sell Below

249.40

242.65

235.00

GSPL

(532702)

Buy Above

63.65

66.50

70.00

Sell Below

62.35

59.55

57.00

IRB INFRA

Buy Above

182.55

188.10

195.00

Sell Below

180.10

175.45

170.00

Buy GTL Infra (532775) CMP Rs. 36/- Very Short Term Target Rs. 45-48/-.

GOOD LUCK

Thursday, July 23, 2009

Intraday Trading Calls for 23rd July

Stock Market India may open positive and remains positive with high volatility for today.

Today's Intraday Stock Tips / Trading Calls (Keep strict Stop Loss for Each Trade):

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

SAIL

Buy Above

167.60

171.55

176.00

Sell Below

165.05

161.75

158.00

MOSER BAER

Buy Above

82.25

85.55

89.00

Sell Below

80.35

77.45

74.00

JP ASSOCIATES

Buy Above

220.20

226.45

232.00

Sell Below

217.35

212.45

205.00

SELAN EXPLO

Buy Above

190.75

197.60

205.00

Sell Below

187.60

183.15

178.00

IDEA

Buy Above

75.60

79.65

84.00

Sell Below

73.35

70.15

66.00

WELSPUN GUJARAT

Buy Above

201.60

208.45

215.00

Sell Below

198.40

192.45

186.00

IRB INFRA

Buy Above

182.55

188.10

195.00

Sell Below

180.10

175.45

170.00

GOOD LUCK

Disclaimer

The information in this publication is provided by http://www.moneybazzar.blogspot.com/ is intended for use for Readers & Traders . Every effort is made to provide accurate information, but http://www.moneybazzar.blogspot.com/ cannot guarantee the accuracy of the information or of the market analysis. This is a newsletter and is for informational purposes only. It is not a solicitation or offer to buy or sell futures. There is a high risk of loss in trading futures. You should not trade with money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this newsletter. The past performance of any trading system or methodology is not necessarily indicative of future results.



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