INTRADAY TIPS FOR OCTOBER 29-10-2012 MONDAY

SCRIP

ACTION

TRIGGER

TARGET 1

TARGET 2

STOPLOS

ALLCARGO

BUY

131.50

133.25

136.00

130.00

IDFC

BUY

157.00

158.50

160.60

155.50

Monday, July 9, 2012

STOCKS IN THE NEWS FOR THE WEEK

* Relaxo Footwear has reported exceptionally high profits for Q4FY12. But at a market cap of Rs.650 crore, it’s fairly overvalued. Book profits now and wait for its Q1FY13 result.
* Ankur Drugs has been hitting upper circuits after a dramatic fall. Retail investors should not get tempted and should stay away from the counter.
* In the current market sentiment, Birla Corporation may see a sharp recovery and shoot up 20-30% in the near future. Traders can go long for the short-term.
* As per reliable sources, GEI Industrial is expected to announce encouraging set of results for Q1FY13. Buy before the numbers are out.
* Haldyn Glass, which posted a FY12 EPS of Rs.4.5, is likely to enhance its EPS to Rs.5.5-6.0 in FY13. The share at a forward P/E of 3.2 is likely to touch Rs.30 mark in the medium-term.
* The counter of Yuken India has attracted sizable investment buying. With a likely EPS of Rs.42 in FY13, the share is poised to touch the Rs.300 mark.
* Operators have evinced a keen interest in Shilpi Cable Tech. The company is faring well and may achieve an EPS of Rs.10 in FY13. The share is going cheap at a forward P/E of just 2.
* The share of Parekh Aluminex is an excellent buy at every dip as it posted an EPS of Rs.66 and may post a higher EPS of Rs.75 in FY13.
* Hyderabad Industries is expected to reward shareholders with free shares. It is all set to post an EPS of Rs.90-95 in FY13, which will take the book value of its share to Rs.450 mark.
* The share of Hind Rectifiers can be bought for decent gains in the medium-term as the company is expected to garner an EPS of Rs.10 (FV Rs.2) in FY13. It is also a strong bonus contender.
* An Ahmedabad based technical analyst forecasts a breakout in Avon Organics, Jyoti Structures, Kanpur Plastipack, Kalpataru Power and Solimac, Shreyans Shipping.

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