Stock Idea: Everest Kanto Cylinder (EKC)

SKP Securities has recommended a buy rating on Everest Kanto Cylinder (EKC) with a target of Rs 229 in its December 1, 2008 research report. "EKC has planned a capacity expansion of 2,05,000 cylinders including the capacity for 5000 jumbo cylinders, industrial cylinders at Gandhidham with an estimated capital expenditure of Rs 650 million. EKC has made an aggressive capital expenditure plan in China, through EKC Industries (Tianjin) Co. Ltd, the company’s wholly owned subsidiary in China."

"At the current market price of Rs 140, the stock is trading at a P/E of 15.05x and 12.32x of FY09E and FY10E earnings of Rs 13.37 and Rs 16.34 respectively. We recommend BUY rating on the stock with a target price of Rs 229/- (63% upside) in 18 months implying a P/E multiple of 14x of FY10E earnings," says SKP Securities' research report.

Source: Moneycontrol.com

Intraday Trading Calls for 01st December

Indian Stock Market may open flat to positive and remains very volatile through out the day today. A flat to positive closing expected.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
SESA GOA	Buy Above	75.60	77.75	80.00
	Sell Below	73.20	71.15	68.00
HCL TECH	Buy Above	138.80	143.35	148.00
	Sell Below	135.40	132.15	128.00
RPOWER	Buy Above	111.20	114.45	118.00
	Sell Below	107.50	104.35	100.00
BANK OF BARODA	Buy Above	260.10	265.45	272.00
	Sell Below	255.05	251.35	246.00
SATYAM COMPUTER	Buy Above	245.20	249.60	255.00
	Sell Below	241.35	237.50	232.00
INDIABULLS REALEST	Buy Above	95.80	99.40	105.00
	Sell Below	93.30	90.40	86.00

Short to Med. Term Delivery Buy Adhunik Metaliks CMP Rs. 25/- Target Rs. 45+.

GOOD LUCK

Intraday Trading Calls for 28th November

Indian Stock Market may react on Mumbai Bomb Blast and it may open gap down but a smart recovery expected in Mid-Session if trading continue.
Buy at lower levels with strict Stop Loss:
BANK OF BARODA
HDIL
RCOM
REL INFRA
AXIS BANK
SATYAM COMPUTER

GOOD LUCK

Intraday Trading Calls for 26th November

Indian Stock Market may open Positive. A good rally & positive closing expected today in Stock Market India.

Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):

INDIABULLS REALEST (87)

Buy Above 88.70 Target 92.20, 97.00

Sell Below 85.45 Target 82.35, 78.00

DLF (188)

Buy Above 190.50 Target 195.25, 202.00

Sell Below 185.70 Target 182.15, 177.00

RELICANCE CAPITAL (447)

Buy Above 450.75 Target 457.45, 465.00

Sell Below 444.20 Target 438.40, 432.00

ROLTA INDIA (171)

Buy Above 172.60 Target 176.10, 180.00

Sell Below 169.40 Target 165.50, 162.00

STERLITE INDUSTRIES (204)

Buy Above 206.80 Target 212.50, 220.00

Sell Below 201.45 Target 196.50, 190.00

Zee ENTERTAINMENT (122)

Buy Above 123.85 Target 127.65, 132.00

Sell Below 120.45 Target 116.70, 112.00

Others for Intraday: Chambal Fertilizer, Alembic Pharma, Taneja Aerospace.

GOOD LUCK.

Intraday Trading Calls for 21st November

Indian Stock Market may open Nagetive but small recovery expected from lower levels in mid session.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
HPCL (222)
Buy Above 224.80 Target 230.35, 236.00
Sell Below 220.15 Target 215.75, 210.00
BPCL (312)
Buy Above 314.65 Target 320.75, 328.00
Sell Below 309.20 Target 304.15, 296.00
RELICANCE CAPITAL (422)
Buy Above 425.55 Target 432.80, 440.00
Sell Below 419.45 Target 413.60, 405.00
ROLTA INDIA (167)
Buy Above 169.20 Target 173.15, 178.00
Sell Below 165.40 Target 162.20, 158.00
ONMOBILE (204)
Buy Above 206.70 Target 212.40, 220.00
Sell Below 201.40 Target 196.50, 190.00
NTPC (138)
Buy Above 139.65 Target 142.35, 145.00
Sell Below 137.05 Target 134.50, 131.00
GOOD LUCK.

Intraday Trading Calls for 20th November.

Indian Stock Market may open gap down but a smart recovery expected from lower levels. A high volatility contineous.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
GAIL (191)
Buy Above 192.90 Target 197.20, 202.00
Sell Below 189.15 Target 185.55, 180.00
INDIABULLS REALEST (101)
Buy Above 103.20 Target 106.45, 110.00
Sell Below 99.40 Target 96.20, 92.00
HPCL (228)
Buy Above 230.25 Target 234.80, 240.00
Sell Below 226.25 Target 222.15, 216.00
BPCL (315)
Buy Above 317.80 Target 322.65, 328.00
Sell Below 313.20 Target 308.70, 302.00
CHENNAI PETRO (116)
Buy Above 117.80 Target 121.45, 125.00
Sell Below 114.45 Target 111.30, 107.00
BANK OF BARODA (263)
Buy Above 265.55 Target 270.35, 276.00
Sell Below 261.10 Target 257.45, 252.00
GOOD LUCK.

Intraday trading Calls for 19th November

Indian Stock Market may open flat to Positive and a small recovery expected today.
Today's Intraday Trading Calls / Stock Tips (Keep Appropriate Stop Loss for each trade):
STERLITE INDUSTRIES (217)
Buy Above 219.80 Target 225.45, 232.00
Sell Below 215.20 Target 210.35, 205.00
INDIABULLS REALEST (98)
Buy Above 100.00 Target 104.75, 110.00
Sell Below 97.10 Target 94.45, 90.00
RANBAXY (212)
Buy Above 214.65 Target 220.15, 225.00
Sell Below 209.45 Target 205.20, 200.00
NTPC (139)
Buy Above 140.50 Target 143.70, 148.00
Sell Below 137.60 Target 134.20, 130.00
PUNJ LLOYD (161)
Buy Above 162.75 Target 168.15, 175.00
Sell Below 159.40 Target 155.40, 150.00
BANK OF INDIA (250)
Buy Above 252.60 Target 258.35, 265.00
Sell Below 247.55 Target 242.25, 235.00
GOOD LUCK.