Archive for October, 2009

Short Term Investment – Seamec

SEAMEC – is a MNC outfit of Technip Group of France. Its leader in operating MSVs/DSV in India, with 4 out of 6 vessels belonging to it and balance 2 are with ONGC. There are just about 30-35 MSV’s operating in the world. They are specialized vessels used for undertaking any kind of underwater engg, [...]

Free Intraday Stock Tips – 30th Oct 09

BUY Orchid Chemicals and Pharmaceuticals Stop Loss 154 Target 178 BUY Escorts Stop Loss 106 Target 124 BUY IVRCL Infrastructure and Projects Stop Loss 336 Target 374 BUY Crompton Greaves Stop Loss 364 Target 398

Asian markets trading lower – 27th Oct 09

Asian markets trading lower. China’s Shanghai Composite slipped 1.18% or 36.76 points at 3,072.80. Hong Kong’s Hang Seng shed 1.64% or 370.12 points at 22,219.61. Japan’s Nikkei fell 1.46% or 151.77 points at 10,210.85. Singapore’s Straits Times was down 0.61% or 16.65 points at 2,699.97. South Korea’s Seoul Composite fell 0.95% or 15.75 points at [...]

ICRA Ltd – Short Term Investment

ICRA Ltd (BSE Code- 532835 NSE Code- ICRA) (P/E- 15, Market Cap- 790 cr., Moody’s Group stake-28.5%) ICRA, incorporated as Investment Information and Credit Rating Agency of India Ltd in 1991, is one of the recognized credit rating agencies in India with a wide portfolio of products and services. In close association with the Moody’s [...]

Free Day Trading Stock Tips – 26th Oct 09

Buy Dena Bank with stop loss of Rs 71 for targets of Rs 80-Rs 85 Buy Allahabad Bank with stop loss of Rs 121 for targets of Rs 144-Rs 150 Buy Tata Power around Rs 1453-Rs 1433. Stop Loss of Rs 1426, book profit at Rs 1480-Rs 1527 Sell Reliance Capital around Rs 884-Rs 898. [...]

Buy ULTRATECH CEMENT – Macquarie Research Stock Tips

ULTRATECH CEMENT Reco price: Rs 824.75 Current market price: 772.85 Target price: Rs 890 Upside: 15.2% Brokerage: Macquarie Research UltraTech Cement posted better-than-expected results, led by a lower-than-expected drop in realisation. For September 2009 quarter, it reported a 10 per cent y-o-y rise in net sales, driven by an improvement of 6.5 per cent in [...]

APOLLO TYRES – Short Term Investments

APOLLO TYRES Reco price: Rs 55 Current market price: 52.50 Target price: Rs 61 Upside: 16.2% Brokerage: IIFL Research Apollo Tyres’ September quarter results were above expectation with standalone sales up 24 per cent year-on-year (y-o-y) and net profit up 12 times due to volume growth of 24 per cent y-o-y on the back of [...]

Free Intraday Stock Tips – 23rd Oct 09

BUY KPIT Cummins Infosystems Stop Loss 83 Target 98 BUY Apollo Tyres Stop Loss 49 Target 58 BUY State Bank of India Stop Loss 2280 Target 2472 BUY Hero Honda Motors Stop Loss 1558 Target 1750 Sell Grasim, last close at Rs 2220, sell around Rs 2242-Rs 2269. Stop Loss of Rs 2292, cover short [...]

HCL Infosystems Ltd – Stocks To Watch

HCL Infosystems Ltd— BUY—179 Sector — Computer Hardware Regd.Off.— E4, 5,6, Sector- XI, Noida – 201301 Listed — NSE, BSE. Company overview— Incorporated in April 86, HCL Infosystems previously known as HCL Hewlett-Packard is promoted by group of technocrats. In 86 company took over, Hindustan Computers, Hindustan Reprographics, Hindustan Instruments and Indian Computer Software Co. [...]

Free Intraday Stock Tips – 22nd Oct 09

JINDALSTEL Buy above Stoploss Target1 Target2 Sellbelow Stoploss Target1 Target2 714.99 711.41 734.56 755.76 709.62 713.2 693.79 670.64 MONNETISPAT Buy above Stoploss Target1 Target2 Sellbelow Stoploss Target1 Target2 401.75 399.75 414.4 428.65 398.75 400.75 387.5 372.85 PSL Buy above Stoploss Target1 Target2 Sellbelow Stoploss Target1 Target2 169.64 168.8 172.52 176.3 168.38 169.22 165.86 162.14