Share Trading Tips

Company Buy/ Sell Price Target S/L SUZLON Buy Above 90.60 93/95/99 87.80 IDBI Buy Above 85 87/89/91 82

Expect Indian Markets to have a gap up opening again. A gap up of 400 points on Sensex. The support for the Sensex is 13500 and the resistance to the up move is at 14452-16046 Nifty: (4323) the support for the Nifty is at 4000 and the resistance to the up move is at 4305-4650-4775 [...]

No change in circuit filter norms for today; No settlement related problems seen: Sebi sources Sebi Sources say there will be no change in circuit filter norms for tomorrow. The prevailing policy to be followed & tehre will be no midway change. No settlement related problems are seen.

FY09 Industrial Production ends year on dismal note; down 2.3%YoY in March on back of Capital Goods contraction Mar industrial production — Industrial production contracted by 2.3% in March, higher than our (+0.1%) as well as consensus expectations (-0.7%); largely due to a surprise contraction in capital goods (-8.2%yoy). On a MoM seasonally adjusted basis [...]

Target price achieved: We had initiated Buy on TCI (Well integrated, dated 11 Dec 2008), with a target price of Rs51, providing an upside of 34.2%. The stock touched a high of Rs53 on 12 May 2009 and closed at Rs51. Rating changed to Hold: Our target price of Rs51 was based on a P/E [...]

We remain positive on HT Media even as the stock has risen 51% since our upgrade on 29 March 2009. While continued strength in readership for Hindustan Times, Hindustan, and Mint provides support to our estimates, a surge in radio ratings is a positive surprise. Concerns on private treaties (advertising for equity deals) expressed recently [...]

G E Shipping’s (GES) stand-alone results for Q4FY09 were below expectations due to an impairment loss of Rs700mn. Net sales declined by 24% to Rs5.6bn on back of lower revenue days. OPM contracted 550bps YoY to 47.3% while expanding by 400bps sequentially. Adj. net profits dipped 67% to Rs1.1bn. Reduced tonnage and rates depress revenues [...]

Asian Markets Trading Lower Asian markets open lower on Tuesday following Wall Street cues.Japan’s Nikkei 225 Average was down 1 percent.Australian stocks was down 1.1 percent, as banks and miners trading lower.Mitsubishi UFJ Financial Group Inc. down 3.1 percent.Mining shares trading lower with BHP Billiton Ltd., the world’s No. 1 mining company, down 2.4 percent.Sony [...]

Buy Dabur >112.1,112.6,113.3,114.3 SL 109.9 (It is a slow mover stock) Buy SREI Infrastructure>46.1,46.8,47.4,49 sl 42.8 Buy BRFL>171.75,173.4,175 sl 169.3 Buy Dish TV>36.1,36.8,38 sl 34.9 (Shahrukh Khan is doing good for its business) Sell DLF<225.9,222,214 sl 233.1

Commodities Ended Lower As Markets Slide Crude oil futures closed lower on Monday for the first in four session.Crude for June delivery ended down 0.2 percent, to $58.50 a barrel on the New York Mercantile Exchange.Crude rallied more than 10% last week.Natural gas for June delivery down 0.5 percent.COMEX gold for June delivery was down [...]