Wednesday, June 2, 2010

Intraday Trading Calls for 02nd June

Indian Stock Market may open flat to positive and remains very volatile 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
WOCKHARDT
Buy Above
130.25
134.75
140.00
Sell Below
127.70
123.15
120.00
CIPLA
Buy Above
326.50
332.70
338.00
Sell Below
321.40
316.45
310.00
APTECH  LTD.
Buy Above
133.60
138.25
144.00
Sell Below
131.40
127.30
124.00
SELAN EXPLO (530075)
Buy Above
352.65
360.10
368.00
Sell Below
347.30
340.45
332.00
CAIRN INDIA
Buy Above
292.65
299.20
305.00
Sell Below
289.45
285.10
280.00
ESCORTS
Buy Above
178.20
183.65
188.00
Sell Below
176.50
172.20
168.00
DCB
Buy Above
50.00
52.75
55.00
Sell Below
49.05
47.25
45.00

GOOD LUCK

Stock Idea: Yuken India

Yuken India manufactures hydraulic devices, used in the heavy engineering industry for automation. With automation the buzz all around, Yuken’s products have a good demand and this has been seen in its spectacular numbers for FY10 and especially Q4FY10 where, YoY, net profit has shown a surge of over 17 times. And for FY10, net profit rose over 8 times.

The company is very small, given the fact that its equity base as tiny as Rs.3 crore but its reserves as at 31st March 2010 stood at Rs.35.66 crore. Yuken has been around for the last 32 years, with most manufacturers of Original Equipment using Yuken as their preferred partners for hydraulics. The stock touched a new high yesterday at Rs.210.50. On the current EPS of Rs.27.4, this discounts the price by less than 8 times, making it a good buy with potential in the coming months.
Source: Internet (premiuminvestments.in by SP Tulsian)

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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