Saturday, July 4, 2009

Weekly call performance for week starting 29June09

All the weekly stocks recommended last week was on fire even in volatile market.

It was advised here last week that Nifty will move up during the day of the budget and yesterday market was on fire.. Hope people have made a good profits in nifty 4800 calls which was advised last week around 42-48 which closed at 75 Rs..

It was advised on Thursday to start booking profits and see what happened yesterday. All railway stocks were down by 4-5%

Weekly performance of last week
STOCK Reco. Price Tgt Reached Lot Size Profit
Buy Axis Bank 818 879 900 450 Rs.36,900
Buy Financial Tech 1378 1510 1398 150 Rs.93,000
Buy BEML 905 1025 1153 375 Rs.10,000
Buy L&T 1610 1650 1660 200 Rs.48,600
Buy Infosys 1827 1920 2070 200 Rs.28,600
Buy BPCL 421 450 473 550 Rs.3,000


Positional picks for week starting 6 July 2009
For coming week, I expect a budget rally to continue.. Nifty heading towards 4800 - 5000 levels. Nifty would open with huge GAP of 80++ points on Monday..

Note: If budget is not as per expectation, then you might see some profit booking up to 4000 levels..

Sure shot: Buy Jet Airways for good upmove of 20-30 rupees on Monday & Tuesday

1) Buy SBI @ 1809 SL 1775 Target 1843, 1898
2) Buy LIC Hsg. @ 653 SL 642 Target 668, 689
3) Buy Nag Fert. @42 SL 40 Target 46, 52
4) Buy IDFC @ 144 SL 141 Target 154, 163
5) Buy ONGC @ 1136 SL 1112 Target 1158, 1187

Have a happy trading day..

Friday, July 3, 2009

We expect Mamta Banerjee not to make significant changes to the fares of second class passengers. We could see some huge hikes on first class and AC fares. The government is likely to implement new projects and heavy infra spending and modernisation of existing railway infrastructure. Kalindee Rail RS 224, Titagarh Wagons, Kernex Micro and GDL are the stocks to watch out in today's trade, as these stocks will be the key beneficiaries of the new spending.

Overall, an exciting day for the markets as the indices are likely to be very volatile intraday. JP Hydro, Emco Ltd, Prakash Ind, Moser Baer and Praj Ind are some of the stocks that are worth keeping on radar.

Short term buy:
  1. Buy CMC @800 for short term. Target 15-20 %
  2. Don’t Forget to buy Opto Ckt, Welspun Gujarat on dips

Intraday:
  1. Buy Kaveri Telecom Products: CMP 49.3 Target 50.5, 51.5 Stop Loss 48.7
  2. Buy Jindal Stainless (JSL Ltd.): CMP 82.65 Target 85.7, 87 Stop Loss 79
  3. Sell Aban Offshore: CMP 863 Target 835, 827, 816 Stop Loss 890
  4. Buy Sun Pharma: CMP 1146.9 Target 1160, 1172 Stop Loss 1129

Thursday, July 2, 2009

Apologies guys was busy with work today and hence could not post any tips..

Well, market seems to be highly volatile. In such scenario it would be idle to book profits intraday if you get it..

Just few days left for the budget.. So be cautious in the market.

Start booking your profits in all railway stocks like Kalindee Rail, Titagarh Wagons, Texmaco and Kernex Micro as friday is rail budget and we may see some profit booking on friday or monday. Even though rail budget will be good we should take a risk as 2 budgets are coming in a week.

Intraday calls for 2 July 2009
1) Buy Nifty 4400 call @ 174-178, Target 200 - 225
2) Buy Punj Llyod: CMP 213 Target 220, 224
3) Buy RCOM: CMP 298 Target 307, 313 Stop Loss 293
4) Buy HPCL: CMP 311 Target 317, 326 Stop Loss 306
5) Buy Tulsi Extrusions Ltd: CMP 21.8 Target 22.5 Stop Loss 20.5 ( Hold it with Short Term Target 28 and SL 20)
6) Buy TCS: CMP 392 Target 401, 412 Stop Loss 38523 Short Target 228 Stop Loss 209
7) Buy Everonn Systems: CMP 449.5 Target 462, 467, 471 Stop Loss 442
8) Buy Sun Pharma: Target 3-5% Gains on card ( 1135, 1155 )

Keep watch on Areva, Everonn system and Container Corporation India. Big spurt expected

Long term Multibaggers [8-12 months]
1) Bartronics - Target 500
2) Geodesic Info - Target 220+
3) Mind tree - Target 800+
4) Tulip IT - Dark horse
5) Solar Explosives - Dark horse
Note: One can buy small quantity of these stocks and hold for Targets.

Enjoy...Happy trading!

Tuesday, June 30, 2009

Hope you guys have made good profit in Nifty 4800 call which went up from 50 Rs to 70 rs Intraday....

BEML, Axis bank, Sterlite Ind, GMR (Budget pick) were on fire.... Other stocks recommended will catch fire soon

Nifty is expected to move up tomorrow. One can trade in Nifty 4400 call. If you get Intraday profits please exit...

Sure shot call [Holding period 2-3 days]: JP hydro @ 93-94 Target 107

One can consider buying SUZLON at around 105-107 for Investment. Keep watch on Unitech and IFCI for July expiry.. Big spurt expected

Happy trading and Enjoy!

Sunday, June 28, 2009

Buy this scripts for short term [Holding period 3-5 days]
1) United phosphorus - buy @ CMP, target 178, 200
2) Sterlite Industries - buy @ 611, target 640, 660
3) Power Grid - buy @ 108, target 120, 125
4) United spirits - buy @ 915 target 1000, 1100

As I mentioned before, keep accumulating Lupin Labs & Opto circuits at every dips for long term. Very strong fundamentals.

High risk, High return call: News are pouring in for Deccan gold mines and Borosil Glass..Keep watch on these stocks for a good upmove.