Tuesday, July 7, 2009

Intraday Trading Call for 07th July

Stock Market India may open flat to positive and remains very volatile with positive bias for today.

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

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

INDIABULLS REALEST

Buy Above

204.75

210.15

216.00

Sell Below

201.55

196.25

190.00

GMR INFRA

Buy Above

134.25

140.15

145.00

Sell Below

132.10

128.40

122.00

IRB INFRA

Buy Above

161.70

166.45

172.00

Sell Below

158.35

153.55

148.00

POWER GRID

Buy Above

104.60

109.20

114.00

Sell Below

101.55

97.35

92.00

RNRL

Buy Above

80.10

83.55

87.00

Sell Below

78.35

75.45

72.00

SESA GOA

Buy Above

182.10

188.45

194.00

Sell Below

178.20

174.10

168.00

TATA STEEL

Buy Above

400.60

412.75

425.00

Sell Below

392.45

381.65

370.00

Buy GMR INFRA at decline (532754) CMP Rs. 132/- for Short Term Target Rs. 170+.

GOOD LUCK

Budget 2009: Impact

FERTILISER

ADVANTAGES

Nutrient based fertilizer pricing

Subsidy to be given directly to farmer

Good move but difficult to implement



FACT, Nagarjuna Fertilizers, Tata Chemicals, SPIC, Zuari Chemicals, Chambal Fertilizer, RCF & GSFC

AGRICULTURE

ADVANTAGES

Increased allocation for irrigation and farmer oriented policies

Farmer loan waiver period extended by 6 months



Jain Irrigation, Finolex, United Phosphorus, KSB Pumps

RAILWAYS

ADVANTAGES

Allocation to railway increased by to Rs.15,800 crore from 10,800 crore


Kalindee Rail, Kernex, Texamaco, Titagarh Wagon

FMCG

ADVANTAGES

NREGA outlay hiked by 144%; provided work to 4 crore people

HLL, ITC, DABUR, P&G,

PSU BANKS

DISADVANTAGES

Farmer loan waiver period extended by 6 months

Bond yields up on additional spending plan




SBI, Dena,Bank, UCO Bank, Vijaya Bank, Andhra Bank, IDBI, PNB, Bank of India & Canara Bank

POWER

ADVANTAGES

Rajiv Gandhi Vidyutikaran Yojana allocation hiked to Rs.7000 crore


Siemens, REC, BHEL, Voltamp

INFRASTRUCTURE

ADVANTAGES

Rs.31,280 crores allocated to Bharat Nirman.

Corpus of Rural Infrastructure Development fund to be raised to Rs.14,000 cr.

Rs.12,966 crores National Highway Plan






Lanco Infra, GVK Power, GMR Infra, IRB, Mundra Port, Marg Construction, Gammon India & IVRCL Infra.

BRANDED JEWELLERY

ADVANTAGES

Full exemption for branded gold, silver jewellery from excise duty


Titan Industries, Gitanjali Gems,

REALTY

ADVANTAGES

Allocation to Common Wealth up at Rs.3172 crore

Rs.2000 crore allocated for rural housing

100,000 houses to be provided for paramilitary forces

Huge infra fillip




DLF,JP Associates, Unitech, HDIL,HCC

AUTO

NEUTRAL

Additional excise duty on cars with engine capacities of 2,000cc and above reduced by Rs 5,000 per unit

Duty of petrol-driven trucks to 8 per cent from 20 per cent



Ashok Leyland, Tata Motors, Eicher Motors, M&M

TEXTILES

NEUTRAL

Extension of the existing 2% interest subvention scheme for exporters till March 2010

restored an optional 4% duty on cotton textiles beyond the fibre stage

Levy of 8% duty on man-made fibres and yarn from existing 4%






Arvind Mills, Alok Textiles, Century Textiles

GAS

ADVANTAGES

To develop a blueprint for long distance gas highways leading to a National Gas Grid. This would facilitate transportation of gas across the length and breadth of the country.

Gas distribution pipeline




Gail, LNG Petronet, Gujarat Gas

Jindal Saw

MEDIA

ADAVANTAGES

DAVP scheme for print media extended


Jagran Prakashan, Deccan Chronicle, HT Media


DEFENCE


ADVANTAGES

Increase outlay for defence will increased the demand for Defence related Equipments


BEL,BEML, Ashok Leyland, M&M & Astra Microwaves

OIL EXPLORATION

ADVANTAGES

Tax holiday on commercial production of mineral oil and natural gas on NELP VIII

Sec 801B benefit extended to Natural gas



ONGC,Hind Oil Exploration, Videocon Industries, Assam Co,

Aban.Offshore, Great Offshore, Jindal Drilling & Shiv Vani.


INFRASTRUCTURE


ADVANTAGES

IIFCLto be given greater flexibility

Increase infra investment to 9% of GDP by 2014

Investments to the tune of Rs.100,000 crore to come into the sector

NHAI allocation raised by 23%

JNNURM allocation stepped up by 87% to 12,887 crore









GMR Infra, L&T, GVK , Gammon, IRB Infra, Patel Engg, IVRCL Infra, RIIL


SET TOP BOXES


DISADVANTAGE



Customs duty hiked by 5%



Dish TV, Wire & Wireless, Sun TV

LCDs

ADVANTAGE


Customs duty reduced from10% to 5%


Videocon,

WIND FARM

ADVANTAGE

2.5% cut in CD for wind power equipments


Suzlon,

AVIATION

ADVANTAGES

Increased the budget allocation to the civil aviation ministry to almost Rs12,165 crore.

Abolition of FBT will save tax on staff hotel accomodation


Jet Airways, Spice, Kingfisher

Source: www.premiuminvestments.in

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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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