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, August 13, 2012

STOCKS IN THE NEWS FOR THE WEEK

* Investors are advised not to get lured by the bottomlines of Nile Ltd., Saurashtra Cement, Royal Orchid, Varun
Industries, Zensar Technologies for June 2012 quarter as they are bloated by exceptional or extraordinary incomes.
* Kolte Patil seems to be coming back on track reporting a good topline and bottomline. Punter & traders can play in this counter.
* At a market cap of Rs.900 crore, Ajanta Pharma is trading at a huge premium and is fundamentally over valued. Book profits.
* Chordia Foods has corrected down to a market cap of Rs.12 crore. Small investors can buy now and add more at declines.
* Last week, HCL Info saw some serious buying and strong support. Scrip may shoot up 20% in the short term from the current levels. Keep a close watch.
* Ashoka Buildcon is looking extremely bullish on the charts. Scrip may hit a new high in the near future and is expected to cross the Rs.300 mark soon.
* Bharti Airtel may find strong support at Rs.250 levels. Traders can go long keeping a strcit stoploss at Rs.245.
* Elecon Engineering has reported a poor performance for June 2012 quarter and the scrip is on a free fall. This might be another Shanti Gears to be taken over by a larger group. Wait and buy once the selling is over.
* Banking counters display weakness despite expectations of an interest rate cut. The developing open interest in SBI with a negative bias points to a downtrend that may percolate to other PSU Bank counters.
* Cerebra is the largest player in e-junk business. The scrip is all set to be the mutual funds favourite after a detailed write-up in a pink paper.
* Veritas is unperturbed by the legal threats of India Bulls. The corporate world lives in fear of who is next on its hit list........realty sector is expecting its turn in the massacre.
* A Gujarat based technical analyst sees an uptrend in Control Print, Chamanlal Sethia, Camphor & Allied Products, Dai-Ichi Karkaria, National Peroxide and Technocraft Industries.

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