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

Intraday Trading Calls for 06th July

Stock Market India may open positive and remains very volatile 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	218.55	224.80	232.00
	Sell Below	214.35	208.60	200.00
COROMANDAL FERTILIZERS	Buy Above	203.75	210.15	216.00
	Sell Below	199.40	193.65	188.00
POWER GRID	Buy Above	113.55	118.10	124.00
	Sell Below	111.45	107.35	102.00
GMR INFRA	Buy Above	141.25	145.20	150.00
	Sell Below	139.35	135.10	130.00
RNRL	Buy Above	87.25	90.60	95.00
	Sell Below	85.70	82.15	78.00
REL POWER	Buy Above	177.60	182.70	188.00
	Sell Below	175.40	171.20	166.00
TATA STEEL	Buy Above	442.75	455.35	470.00
	Sell Below	434.15	425.45	410.00

GOOD LUCK

HIGHLIGHTS OF THE RAILWAY BUDGET

 

Ø          Focus on passenger safety, amenities and punctuality

Ø          To develop 50 stations at tourist and religious places with internal facilities via PPP

Ø          Upgrade CST, Pune, new Delhi, Jaipur, Howrah

Ø          Computerised tickets from 5000 post offices

Ø          50 mobile vans to sell train tickets

Ø          AC double decker trains for inter city transfers

Ø          To give automated tickets vending services at 200 stations

Ø          Security plan at 140 stations

Ø          Anti-collision devices to be installed on 1780 km lines

Ø          To acquire 18,000 wagons in FY10

Ø          To form expert panel for rail optic fibre network

Ø          Encouragement to private ops for freight terminals

Ø          Vast land bank of railway to be used for Industrial Purpose

Ø          Done viability study for 4 dedicated freight corridors

Ø          New coach factory to be set up with state-of-art-facility to make 500 coaches pa in a JV with the private sector

Ø          To setup 1000MW power plant with NTPC

Ø          SMS updates for wait-listed passengers

Ø          Unreserved ticketing systems to be expanded from 5,000 to 8,000 terminals

Ø          Super fast parcel express trains to be started on a pilot basis between Delhi and Chennai and Delhi and Mumbai

Ø          Seven nursing colleges to be set up on railway land in places including Delhi, Kolkata and Mumbai

Ø          ATMs on 200 mid and small sized stations

Ø          Railway to provide infotainment services for Rajdhani and Shatabdi Express

Ø          309 stations to be developed as ideal stations

Ø           Aim for 1300 km of gauge conversion in FY10 and to spend Rs.1750 crore for this

Ø          Proposal for 53 new lines

Ø          Aim for 700kms lane doubling in FY10, proposal for doubling 12 lines

Ø          Tatkal period reduced from five days to two days

Ø          No change in freight tariff

Ø          No increase in passenger fares

Ø          To expand Calcutta Metro

Ø          Hiked Railway Budgetary support by Rs 5,000 crore

 

Source: www.premiuminvestments.in (S P Tulsian)

Intraday Trading Calls for 03rd July

Stock Market India may open Negative but recovery expected from lower levels from mid-session.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
POLARIS	Buy Above	106.75	111.45	116.00
	Sell Below	104.35	100.20	96.00
REC LTD	Buy Above	175.25	180.15	186.00
	Sell Below	172.50	168.25	164.00
POWER GRID	Buy Above	110.70	114.55	120.00
	Sell Below	108.35	104.45	100.00
GMR INFRA	Buy Above	140.10	145.20	150.00
	Sell Below	137.40	134.15	130.00
RNRL	Buy Above	81.75	84.65	88.00
	Sell Below	80.10	77.50	75.00
REL POWER	Buy Above	174.20	179.45	185.00
	Sell Below	170.10	166.40	160.00
ROLTA INDIA	Buy Above	128.55	133.75	138.00
	Sell Below	126.35	122.15	118.00

GOOD LUCK

Intraday Trading calls for 02nd July

Stock Market India may open positive and remains positive with very high volatility 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
CORE PROJECTS	Buy Above	132.75	138.20	144.00
	Sell Below	131.20	127.35	122.00
GREAT OFFSHORE	Buy Above	440.10	448.75	460.00
	Sell Below	433.40	425.10	415.00
IRB INFRA	Buy Above	164.55	170.15	175.00
	Sell Below	162.35	157.60	152.00
HPCL	Buy Above	313.75	322.60	332.00
	Sell Below	309.40	303.55	295.00
IOC	Buy Above	545.20	555.70	570.00
	Sell Below	538.45	530.15	520.00
REL POWER	Buy Above	172.60	177.55	184.00
	Sell Below	170.20	166.40	160.00
ROLTA INDIA	Buy Above	130.10	135.25	141.00
	Sell Below	127.35	123.40	118.00

GOOD LUCK