Intraday Trading Calls for 01st January

WISHING YOU ALL A VERY HAPPY NEW YEAR 2009.

Indian Stock Market may open flat to positive and a good 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
JET AIRWAYS	Buy Above	204.20	210.40	218.00
	Sell Below	199.20	193.50	188.00
PTC INDIA	Buy Above	70.10	74.25	78.00
	Sell Below	67.40	64.35	60.00
BATA INDIA	Buy Above	108.60	114.35	120.00
	Sell Below	105.40	101.15	95.00
CHENNAI PETRO	Buy Above	130.15	135.45	142.00
	Sell Below	126.70	122.15	116.00
HIND OIL EXPLORATION	Buy Above	66.50	69.35	74.00
	Sell Below	64.40	61.35	58.00
VIDEOCON INDUSTRIES	Buy Above	122.80	128.40	134.00
	Sell Below	119.60	116.10	112.00
CAIRN INDIA	Buy Above	173.60	178.25	184.00
	Sell Below	170.35	166.50	162.00

Short to Med Term Delivery Buy (Multibagger Stock for 2009):

Buy Indowind Energy (532894) CMP Rs. 22/- Target Rs. 50+.

GOOD LUCK

Stock Idea: Reliance Communications (RCom)

Reliance Communications (RCom) stock surged more than 8% yesterday on news that it will buyback FCCBs at a discount of 52.5% for $25 million, becoming the first Indian company to do so after RBI relaxed the norms. R-Com had issued zero-coupon FCCBs in February 2007, to raise USD 1 billion. The premature buy back does not just reduce the liability, but this would mean that the Rcom after buying back these FCCBs, would now go for new FCCBs at today’s rates, thus keeping its capex plans intact and at the same time, adjusting liabilities to current rates.
RCom is the number two operator in the market of more than 320 million mobile users. And hence its growth is watched with a lot of interest and the pressure of growth and the slowdown seems to have crept in during Q2FY09. This quarter has reported the slowest profit growth rate ever.
For the second quarter ended 30th September 2008, revenue growth was to the tune of 23.3% at Rs. 5,645 crore from Rs. 4,579 crore in Q2FY08. While the company’s broadband business grew by 37.8 per cent, its wireless grew by 16.5% and global practices by 28.6%.
EBITDA was at Rs. 2,302 crore, up 17.3% on a YoY. EBITDA margin was at 40.8%, with strong contributions across all businesses - Wireless, Global and Enterprise. It ended the quarter with a net profit of Rs. 1,531 crore, up higher by 17.3%.
On the face of it, looks good but when you delve deeper you realise that the company has been quite smart and has presented a 17% growth in PAT due to non provision of MTM forex loss. Had the company followed AS-11, its net profit would have been lower by Rs 284 crore for realised and Rs 1,451 crore for unrealised currency fluctuations during the quarter, said the company’s notes to the accounts.
In November 08’, the company added 1.77 million new mobile phone subscribers, taking its total user base to 59.57 million.
The slowing down of profit growth rate was attributed to falling average revenue per user (ARPU), which fell by 3.9% to Rs.271 crore from Rs.282 crore in Q2FY08. The average minutes of use a customer (on a per month basis) was almost flat at 423 against 424 in Q2FY08.
FY09 is the peak of the company’s capex plans, it has spent Rs.4,773 crore during the quarter and these are being funded through long term borrowings and forex bonds. Interest costs would be an area of concern in the coming months.

Source: sptulsian.com

Intraday Trading Calls for 30th December

Indian Stock Market may open flat to positive but remains very volatile.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
ROLTA INDIA	Buy Above	112.50	118.15	124.00
	Sell Below	109.70	106.15	102.00
REL COM	Buy Above	214.80	220.05	228.00
	Sell Below	210.60	205.15	200.00
RANBAXY	Buy Above	234.20	240.15	248.00
	Sell Below	230.05	225.50	220.00
MAYTAS INFRA	Buy Above	170.20	175.65	182.00
	Sell Below	166.40	161.35	156.00
HIND OIL EXPLORATION	Buy Above	65.30	68.45	72.00
	Sell Below	63.40	61.15	58.00
VIDEOCON INDUSTRIES	Buy Above	115.70	120.15	125.00
	Sell Below	112.50	109.35	105.00
CAIRN INDIA	Buy Above	173.60	178.25	184.00
	Sell Below	170.35	166.50	162.00

Short to Med Term Delivery Buy (Penny Stock):

LG Balakrishnan & Bros Ltd
(500250)
CMP Rs. 9.50/- Target Rs. 15-18/-

ELECTROSTEEL CASTING (500128) CMP Rs. 14/- Target Rs. 28-35/-.

GOOD LUCK

Intraday Trading Calls for 29th December

Indian Stock Market may open flat to positive but remains very volatile.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
HDIL	Buy Above	128.65	133.45	138.00
	Sell Below	125.40	121.55	118.00
INDIABULLS REALEST	Buy Above	130.80	135.10	140.00
	Sell Below	127.55	124.20	120.00
RANBAXY	Buy Above	218.75	223.15	228.00
	Sell Below	215.30	211.45	207.00
SATYAM COMPUTER	Buy Above	137.20	142.35	148.00
	Sell Below	133.60	130.15	125.00
HPCL	Buy Above	273.50	279.15	285.00
	Sell Below	269.20	265.45	260.00
SUN TV	Buy Above	166.50	171.15	176.00
	Sell Below	163.40	160.05	156.00
OPTO CIRCUIT	Buy Above	88.60	93.15	98.00
	Sell Below	85.70	83.15	80.00

Short to Med Term Delivery Buy (Penny Stock):

LG Balakrishnan & Bros Ltd
(500250)
CMP Rs. 9.40/- Target Rs. 15-18/-

ELECTROSTEEL CASTING (500128) CMP Rs. 15/- Target Rs. 28-35/-.

GOOD LUCK

Intraday Trading Calls for 26th December

Indian Stock Market may open positive & good positive closing expected. But high volatility can be seen in today's trade.

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

SCRIP NAME	TRIGGER	PRICE	TARGET 1	TARGET 2
HDIL	Buy Above	131.80	136.20	142.00
	Sell Below	128.40	125.15	121.00
INDIABULLS REALEST	Buy Above	133.75	138.15	144.00
	Sell Below	129.70	125.30	121.00
RENUKA SUGAR	Buy Above	65.50	68.45	72.00
	Sell Below	62.80	60.15	57.00
GSFC	Buy Above	70.80	74.05	78.00
	Sell Below	68.70	65.50	63.00
HPCL	Buy Above	283.60	288.35	295.00
	Sell Below	279.20	275.15	270.00
ROLTA INDIA	Buy Above	123.70	128.10	134.00
	Sell Below	120.60	116.35	112.00
BANK OF BARODA	Buy Above	270.60	276.45	282.00
	Sell Below	266.40	261.25	255.00

Short to Med Term Delivery Buy (Penny Stock):

LG Balakrishnan & Bros Ltd
(500250)
CMP Rs. 9.20/- Target Rs. 15-18/-

GOOD LUCK

Stock Idea: Crompton Greaves

Electrical engineering goods manufacturer Crompton Greaves, was beaten down by the investors on the bourses yesterday. It was down by around 4% on news that it has decided to scale down its capital expenditure, due to a softening demand, in the aftermath of the global economic crisis. It has decided to scale down its capex for the fiscal to Rs 150 crore from the earlier target of Rs 220 crore. Till date, the company has spent Rs 130 crore but given the volatility in the market, by March 2009, it will only spend another Rs 20 crore. For the fiscal 2009-10, the company will continue to have a capex in the range of Rs 200 crore. If the macro situation is not too good, it makes more economic sense to scale down rather than engage that money which might not even earn the returns. Crompton is not an isolated company which has scaled down capex, it is like the rest of the world, a victim of the global crisis and slowdown.

The company overall remains strong, fundamentally. For the second quarter ended 30th September 2008, it posted a PAT of 120.12 crore, up 32.09% on a YoY and total income rose to Rs.2,098.35 crore, up from Rs.1,583.61 crore in Q2FY08. On a consolidated basis, total income stood at Rs.2,105.28 crore against Rs 1,589.58 crore in the earlier year and PAT was up 32.09% at Rs 120.12 crore. Most importantly, in this era of high interest costs, this company remains totally debt free.

Crompton’s total order book position for current fiscal stands at Rs 7,400 crore with the international business contributing Rs 4,400 crore and the rest from domestic market, to be executed over the next 12 months. By then the slump, especially in the domestic markets would have corrected and being a major supplier to the power sector, slowdown or no slowdown, this is one sector which in India will continue to attract business. It hopes to end the fiscal with a growth of 18-20% in topline and bottomline.
Cutting down the capex is not a huge negative and those convinced about the fundamentals of the company should stay invested.

Source: sptulsian.com

Intraday Trading Calls for 24th December

Indian Stock Market may open negative but sharp recovery expected from lower levels in mid session today & a good 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
GPIL	Buy Above	73.20	76.15	80.00
	Sell Below	71.40	68.35	65.00
RCOM	Buy Above	218.60	224.50	230.00
	Sell Below	214.70	209.15	205.00
BALAJI TELE	Buy Above	65.20	68.45	72.00
	Sell Below	62.80	60.15	57.00
BAJAJ HINDUSTAN	Buy Above	63.50	66.40	70.00
	Sell Below	61.70	58.60	56.00
HCL TECH	Buy Above	126.70	131.50	136.00
	Sell Below	123.10	119.50	115.00
ROLTA INDIA	Buy Above	124.70	129.20	134.00
	Sell Below	120.60	116.35	112.00
BANK OF BARODA	Buy Above	262.80	268.45	275.00
	Sell Below	257.40	252.60	246.00

Short to Med Term Delivery Buy (Penny Stock):

LG Balakrishnan & Bros Ltd
(500250)
CMP Rs. 9.20/- Target Rs. 15-18/-

GOOD LUCK