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

Sunday, August 26, 2012

STOCKS IN THE NEWS FOR THE WEEK

Manoj Gaur is considered to be a lucky mascot. “His companies JP Associates, JP Infra and JP Power have feathers to attach to his cap" says a leading analyst. All the three companies qualify to become their favourites.
* NANO remains Ratan Tata’s dream even today. He offers his service to support this prestigious venture post
retirement. Tata Motors thus has a guardian angel look after it even on attaining majority!
* Whether the monsoon is average or below average, M&M shall give a big thrust to all its new ventures, now that it is no more dependent on domestic demand of utility vehicles and tractors. Europe, Africa remains its new virgin markets.
* Nomura gives a buy call on Lanco Infratel, while CLSA issues a hold call on L&T.
* Is Rakesh Jhunjhunwala turning into a spent force like ‘Ek Tha Tiger’?
* Big Bazaar's Mumbai Central unit is closed as there were more jaywalkers than serious buyers. Is this the beginning of the end of the mall culture? Or are Mumbai rentals too high to sustain the retail business?
* Balaji Amines has attracted market attention and is moving up with good volumes. It can appreciate another 20% in coming weeks. Keep a watch.
* Centenial Sutures has created a record of hitting upper circuits. Its share price has risen 15 times from Rs.2 to Rs.30 in the last 10 months. At a market cap of Rs.10 crore, it’s still not expensive. Catch it if you can.
* Indoco Remedies is in action after a long time. Investors can book partial profits now and exit fully on a further 15- 20% rise.
* Sona Koyo Steerings is witnessing some serious buying and the scrip may hit new highs soon. Hold on to your
positions.
* Instead of divestment, the government is raising its stake in IFCI by converting Rs.923 crore worth optionally
convertible debentures into equity. Scrip may languish with a downward bias. Exit immediately.
* Plethico Pharma is on a free fall as the lenders with pledged shares have triggered sell off in the open market. Longterm retail investors can buy once the selling is over and the share price stabilizes.
* Finally, the loss making MTNL is planning to surrender its Delhi and Mumbai broadband spectrum for over Rs.4500 crore and leasing out its land and building infrastructure. A high risk, high return bet.
* Opto Circuits has corrected sharply in the recent past. Long term investors can start buying in small lots and
accumulate at sharp declines.
* A technical analyst recommends Chamanlal Sethia, Helios Matheson and Midfield Industries (cum 25% dividend) as hot buys for this week.

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