Friday, November 6, 2009

Intraday Trading Calls for 06th November

Indian Stock Market may positive and remains very volatile after mid-session but again a positive closing exptected.

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

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

SUZLON

Buy Above

63.25

67.40

70.00

Sell Below

61.70

58.55

56.00

BRFL

Buy Above

205.10

211.35

218.00

Sell Below

203.45

198.65

193.00

BAJAJ HIND

Buy Above

208.10

214.35

220.00

Sell Below

205.05

200.45

195.00

IRB INFRA

Buy Above

245.20

251.20

258.00

Sell Below

242.45

238.15

232.00

SELAN EXPLO

Buy Above

330.20

336.70

345.00

Sell Below

325.40

318.65

312.00

CAIRN INDIA

Buy Above

271.65

275.20

279.00

Sell Below

269.40

265.45

261.00

STC INDIA

Buy Above

310.55

317.65

325.00

Sell Below

305.45

296.70

290.00

GOOD LUCK

Thursday, November 5, 2009

Intraday Trading Calls for 05th November

Indian Stock Market may open flat to negative but remains very volatile and a positive closing exptected.

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

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

VOLTAS

Buy Above

154.10

157.55

162.00

Sell Below

151.55

148.25

145.00

BRFL

Buy Above

198.70

205.40

212.00

Sell Below

195.45

191.20

186.00

GMR INFRA

Buy Above

63.65

65.70

68.00

Sell Below

62.40

60.20

58.00

IRB INFRA

Buy Above

246.20

252.50

258.00

Sell Below

243.30

238.15

232.00

JAIPRAKASH ASSOCIATE

Buy Above

215.25

221.35

228.00

Sell Below

211.40

205.45

200.00

CAIRN INDIA

Buy Above

266.75

271.20

275.00

Sell Below

263.45

260.15

256.00

NAGARJUN CONSTRUCT

Buy Above

159.20

163.40

168.00

Sell Below

157.05

153.40

148.00

GOOD LUCK

Wednesday, November 4, 2009

Stock Idea: Mukand Ltd.

What has really helped this Bajaj company shore up its margins is the aggressive reduction in operating expenses. Despite a 11% (YoY) fall in net sales at Rs.518.81 crore, the company managed to show an over 11 times rise in net profit at Rs.16.31 crore. The operating expense of the company was reduced by 15% and this helped shore up the profit margins substantially. It managed to bring down costs on raw material, employee costs and power and fuel expenses, which helped the overall performance.
Reduction is excise duty during the stimulus package almost halved the excise duty collection of company from Rs.78.48 crore to Rs.40.92 crore and this in turn got down the gross sales. Lower realisation on steel products also reduced the overall sales.
The company has completed its Rs.350-crore expansion of capacity from 300,000 tonnes to 500,000 tonnes of high-quality speciality steel during Q2FY10 and by end of FY10, it would be able to stabilise the operations and start production at its full enhanced capacity. The full impact of this would be seen in the performance of FY11.
Reduction in raw material prices would have been easier in Q2 but now it would be difficult. The company has already started witnessing a surge in its raw material prices and has, in tandem, increased the prices of its specialty steel by 5-7% in October.
The company currently has a debt of around Rs.1500 crore and over the next 12 months, it plans to bring it down through sale of its surplus land, around 60-100 acres at its plant in Kalwa, Thane, which is estimated to fetch around Rs.700-800 crore. The company has a substantial land bank - 42 acres at Sinnar (Nashik), 40 acres at Lonand (Pune), 210 acres in the Thane-Belapur area and around 250 acres at Giningera in Karnataka.
The stock price has soared yesterday and then settled at Rs.49 as against its 52-week high of Rs.69.10. Stay invested or for long term, one can buy on dips.
Source: Internet (www.premiuminvestments.in by S P Tulsian)

Intraday Trading Calls for 04th November

Indian Stock Market may open positive and remains very volatile but a positive closing exptected.

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

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

VOLTAS

Buy Above

150.10

154.25

158.00

Sell Below

147.35

144.05

140.00

BRFL

Buy Above

190.55

195.40

201.00

Sell Below

188.40

184.10

180.00

BALRAMPUR CHINI

Buy Above

135.60

140.20

145.00

Sell Below

133.55

130.25

126.00

IDFC

Buy Above

148.25

151.35

155.00

Sell Below

145.45

142.05

139.00

JAIPRAKASH ASSOCIATE

Buy Above

195.75

201.45

208.00

Sell Below

193.45

188.45

183.00

YES BANK

Buy Above

220.10

226.40

232.00

Sell Below

216.35

211.05

205.00

NAGARJUN CONSTRUCT

Buy Above

147.60

153.20

158.00

Sell Below

145.40

142.10

138.00

GOOD LUCK

Tuesday, November 3, 2009

Stock Idea: Jindal Steel & Power Ltd (JSPL)

Jindal Steel & Power Ltd (JSPL) financial performance for the second quarter ended 30th September 2009 has not been as encouraging as expected. Net Profit on consolidated basis increased by just 6.05 % (YoY) at Rs. 808.36 crore. But what was more disappointing was that consolidated net sales dropped 14.48% at Rs.2445.28 crore.
DRI and pig iron production rose 5.01% but sales was down 21.94%. Steel products production grew 32.31% but sales was up by a marginal 2.14%. Net realisation from sale of steel products dropped during the quarter mainly due to drop in steel prices and this affected the overall performance. Steel prices on a YoY are down 43%. Production of power rose 2.57% at 701 kWh. And it is this division which really helped the company shore up the performance – sales was up 21.88%, which was 36% of the overall net sales earned by the company for Q2FY10. But net profit from the power unit was at Rs.514.71 crore, which was 64% of the net profit earned in current Q2. Clearly, power is what makes the company powerful today.
PLF (Plant Load Factor) was down at 84% in current Q2 compared to 96% in Q1FY10. This was because it two units were shutdown and due to the monsoon, power generation was lower. So this performance of the power unit could have been much higher than what it has come in Q2.
The power unit, Jindal Power is a wholly-owned subsidiary of JSPL and this company is planning on an IPO in early Jan 2010, to partly fund its 2,400 megawatt superthermal power project in Chhattisgarh. It already has 1000 MW operational. It has 10 units of 135 MW each of which the first unit would go on stream in January 2010 and then one unit every two months. It is also expanding its capacity by another 2400 MW which is scheduled to get operational in 2012-13. So by the end of 2013, Jindal Power will have 4750 MW.
Second half is expected to be better as the two units which were shutdown have re-opened. Realisations in steel are expected to be more volume driven. Stay invested.
Source: Internet (By S P Tulsian)

Intraday Trading Calls for 03rd November

Indian Stock Market may open negative and remains very volatile but some recovery can be seen at lower levels.

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

SCRIP NAME

TRIGGER

PRICE

TARGET 1

TARGET 2

VOLTAS

Buy Above

160.05

163.45

166.00

Sell Below

157.35

154.10

151.00

BRFL

Buy Above

189.10

195.40

201.00

Sell Below

186.45

181.25

175.00

GREAT OFFSHORE

Buy Above

518.60

528.20

540.00

Sell Below

511.40

500.00

485.00

IDFC

Buy Above

148.25

151.35

155.00

Sell Below

146.30

142.05

139.00

JAIPRAKASH ASSOCIATE

Buy Above

211.75

217.55

224.00

Sell Below

209.10

204.35

198.00

BAJAJ HIND

Buy Above

198.20

205.10

210.00

Sell Below

194.70

190.35

185.00

NAGARJUN CONSTRUCT

Buy Above

148.60

153.75

158.00

Sell Below

146.35

142.70

138.00

GOOD LUCK

Monday, November 2, 2009

Stock Idea: Real Strips Limited

BSE Code: 513558
Last close: 52.30
Real Strips Limited, AN ISO 9001: 2000 Accredited Company came in to existence in 1994 to cater the demand of cold rolled flat products of stainless steel, for quality conscious manufacturer. Real Strips Limited is situated on out skirt of hub city of Gujarat.
Stainless steel strips, stainless steel coils produced by Real Strips Limited are used in Automobiles, Food & Dairy Industries, Sugar Industries, Watch Industries, Pipes & Tubes Industries, Utensils, Furniture, Architectural Utilities, Thermo wares, Chemical process Industries, Electronic Industries, Surgical industries, etc for very specialized application.
It has an equity base of Rs.3.75crore that is supported by reserve of around Rs.13crore and it has a book value of around Rs.44.20. the promoters hold 51.17% while the investing public holds 40.05% stake in the company. For Q2FY10, it recorded net sales of Rs.53.74crore with net profit of Rs.1.72crore against net sales of Rs.44.39crore and net profit of Rs.75lacs in Q2FY09 respectively (Profit zoomed 129% on Quarterly basis). For H1FY10, it recorded net sales of Rs.100.95crore with net profit of Rs.3.22crore against net sales of Rs.68.02crore and net profit of Rs.1.48crore in H1FY09 respectively (Profit zoomed 117% on Half yearly basis). The quarterly EPS was Rs.4.55 while the half-yearly EPS was Rs.8.52. the stock is available at a forward P/E ratio of just 3. Investor can buy this stock with stop loss of Rs.44. on the upper side stock will go up to Rs.65-70 in the short-term and Rs.95-100 levels in the medium-term.
Source: Internet (Valuenotes by ProfitTrack.com)

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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