stock trading tips for 29 Feb 2008

BINDALAGRO Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	50	48.6	51.1	53
S.SELL BELOW	48.3	49	47.3	45

Gujarat State Petronet Limited

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	75	73.4	76.5	79
S.SELL BELOW	73	74	72	69

Nagarjuna Fertiliser & Chemicals Ltd

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	56.8	55.4	58	60
S.SELL BELOW	54.8	56	54	52

Ispat Industries Limited-Stock Trading

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	45	44.4	46	47.2
S.SELL BELOW	44.2	44.8	43.8	42.5

Price Information
Open	43.50
High	46.00
Low	43.50
Last Price	45.00
Prev. Close	42.95
Change	2.05
% Change	4.77
Average Price	44.90
Total traded quantity	35670602
Turnover in Rs.Lakhs	16016.1

Power Grid Corporation of India Ltd- Stock Trading

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	110	108	113	118
S.SELL BELOW	106	109	104	99

Price Information
Open	103.95
High	113.80
Low	103.95
Last Price	108.45
Prev. Close	102.45
Change	6.00
% Change	5.86
Average Price	110.52
Total traded quantity	24313018
Turnover in Rs.Lakhs	26870.75

IndusInd Bank Limited - Stock Trading

Action		Trigger Price		Stop Loss		Target 1		Target 2
BUY ABOVE		100		99		102		105
S.SELL BELOW		98		99.5		97		95

Price Information
Open	98.00
High	102.40
Low	97.05
Last Price	99.95
Prev. Close	96.30
Change	3.65
% Change	3.79
Average Price	99.66
Total traded quantity	2562607
Turnover in Rs.Lakhs	2553.89

Buy Bata India Ltd- Stock Investments

Buy Bata India Ltd on dips with a stop loss of Rs 147 for short term target of Rs 194.

Price Information
Open	159.90
High	164.55
Low	159.90
Last Price	162.15
Prev. Close	157.35
Change	4.80
% Change	3.05
Average Price	162.37
Total traded quantity	129367
Turnover in Rs.Lakhs	210.05

Buy Development Credit Bank -Stock Trading

Buy Development Credit Bank with a stop loss below Rs 112.50 for target of Rs 119.25 and Rs 123. This is a day trading recommendation.
DCB

BSE: 532772		NSE: DCB		ISIN: INE503A01015
Industry: Banks - Private Sector

Price Information
Open	109.00
High	116.95
Low	108.50
Last Price	115.40
Prev. Close	107.75
Change	7.65
% Change	7.10
Average Price	114.72
Total traded quantity	1006936
Turnover in Rs.Lakhs	1155.16

Buy Cairn India -Stock Trading

Buy Cairn India around Rs 224.4 with stop loss of Rs 219. This is a day trading recommendation.
Cairn India

BSE: 532792		NSE: CAIRN		ISIN: INE910H01017
Industry: Oil Drilling And Exploration

Price Information
Open	215.85
High	225.65
Low	215.85
Last Price	224.55
Prev. Close	211.95
Change	12.60
% Change	5.94
Average Price	221.50
Total traded quantity	7393454
Turnover in Rs.Lakhs	16376.5

Buy Network 18- Stock Investments

Buy Network 18 with a stop loss of Rs 338 for target of Rs 411.
Network 18

BSE: 532798		NSE: NETWORK18		ISIN: INE870H01013
Industry: Finance - General

Price Information
Open	345.00
High	372.00
Low	342.90
Last Price	365.50
Prev. Close	343.85
Change	21.65
% Change	6.30
Average Price	362.46
Total traded quantity	218752
Turnover in Rs.Lakhs	792.89

ISPATIND- Stock Trading

ISPATIND

Action		Trigger Price				Stop Loss		Target 1			Target 2
BUY ABOVE		43.6				43.1		44.3			45
S.SELL BELOW		42.8				43.2		42.5			42

ISPATIND- Stock Trading

ISPATIND

Action		Trigger Price				Stop Loss		Target 1			Target 2
BUY ABOVE		43.6				43.1		44.3			45
S.SELL BELOW		42.8				43.2		42.5			42

DEEPAKFERT -Stock Trading

DEEPAKFERT

Action							Trigger Price			Stop Loss			Target 1		Target 2
BUY ABOVE							141			137			144		149
S.SELL BELOW							135			138			133		126

Price Information
Open	130.00
High	141.90
Low	130.00
Last Price	140.35
Prev. Close	131.75
Change	8.60
% Change	6.53
Average Price	138.74
Total traded quantity	649207
Turnover in Rs.Lakhs	900.71

GDL- Stock Trading

GDL

	Action		Trigger Price	Stop Loss			Target 1	Target 2
	BUY ABOVE		117	115.5			120	125
	S.SELL BELOW		114	116.5			112	108

Price Information
Open	113.50
High	120.00
Low	111.60
Last Price	116.90
Prev. Close	110.35
Change	6.55
% Change	5.94
Average Price	115.12
Total traded quantity	1807276
Turnover in Rs.Lakhs	2080.54

Buy Ankur Drugs & Pharma - Stock Trading

Buy Ankur Drugs & Pharma with a stop loss of Rs 240 for short term target of Rs 464.
Ankur Drugs

BSE: 531683		NSE: ANKURDRUGS		ISIN: INE238D01012
Industry: Pharmaceuticals

Price Information
Open	248.00
High	259.40
Low	240.10
Last Price	254.35
Prev. Close	251.20
Change	3.15
% Change	1.25
Average Price	252.03
Total traded quantity	53573
Turnover in Rs.Lakhs	135.02

Buy Gujarat Ambuja Cement - Stock Trading

Buy Gujarat Ambuja Cement with a stop loss of Rs 117 for short term target of Rs 125 & 137.
Ambuja Cements

BSE: 500425		NSE: AMBUJACEM		ISIN: INE079A01024
Industry: Cement - Major

Price Information
Open	118.55
High	123.70
Low	117.05
Last Price	122.70
Prev. Close	118.05
Change	4.65
% Change	3.94
Average Price	120.81
Total traded quantity	396865
Turnover in Rs.Lakhs	479.45

Buy ACC- Stock Trading

Buy ACC with a short loss of Rs 763 for short term target of Rs 950.
ACC

BSE: 500410		NSE: ACC		ISIN: INE012A01025
Industry: Cement - Major

Price Information
Open	780.00
High	847.00
Low	762.60
Last Price	818.45
Prev. Close	774.15
Change	44.30
% Change	5.72
Average Price	798.06
Total traded quantity	439978
Turnover in Rs.Lakhs	3511.29

RNRL- Stock Trading

RNRL

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	137.6	135	140	144
S.SELL BELOW	134	135.6	133	128

Price Information
Open	135.10
High	138.35
Low	130.50
Last Price	137.35
Prev. Close	132.60
Change	4.75
% Change	3.58
Average Price	134.69
Total traded quantity	39544545
Turnover in Rs.Lakhs	53262.55

TVSMOTOR - Stock Trading

TVSMOTOR

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	98	41	42.5	44
S.SELL BELOW	40.5	41.5	39.8	38

Price Information
Open	39.95
High	42.30
Low	39.50
Last Price	41.25
Prev. Close	39.50
Change	1.75
% Change	4.43
Average Price	41.24
Total traded quantity	3576746
Turnover in Rs.Lakhs	1475.05

KSOILS - Stock Trading

KSOILS

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	97	94	101	107
S.SELL BELOW	92	95	89	80

Price Information
Open	87.10
High	98.60
Low	85.00
Last Price	96.75
Prev. Close	86.55
Change	10.20
% Change	11.79
Average Price	89.73
Total traded quantity	12523301
Turnover in Rs.Lakhs	11237.16

Sell Welspun Gujarat

Sell Welspun Gujarat with a stop loss of Rs 485 for target Rs 410.
Welspun Guj

BSE: 532144		NSE: WELGUJ		ISIN: INE191B01025
Industry: Steel - Tubes/Pipes

Price Information
Open	465.00
High	468.80
Low	454.95
Last Price	458.20
Prev. Close	472.95
Change	-14.75
% Change	-3.12
Average Price	461.35
Total traded quantity	358958
Turnover in Rs.Lakhs	1656.05

Sell Bajaj Hindustan

Sell Bajaj Hindustan with a stop loss of Rs 282 for target Rs 234.
Bajaj Hindustan

BSE: 500032		NSE: BAJAJHIND		ISIN: INE306A01021
Industry: Sugar

Price Information
Open	269.85
High	273.50
Low	256.55
Last Price	259.60
Prev. Close	274.00
Change	-14.40
% Change	-5.26
Average Price	264.39
Total traded quantity	3011775
Turnover in Rs.Lakhs	7962.83

SKF India - Multi Bagger

SKF India : BSE ID : 500472 NSE ID : SKFINDIA Reco Price Rs. 364.15 CMP: Rs.364.15 (Gain 0.00%)

The global demand for large size bearings is on the upswing. The fact that its parent company, SKF, is putting up a similar plant in China and is also expanding its facilities at its Swedish factory reiterates the growing demand scenario.

For SKF India, 2007 has been a historical year. It marked 100 years of its existence in India and more importantly, it posted one its best financial performances ever for year ended 31st December 2007.

For the 12 months ended 31st December 2007, the company posted net sales of Rs 1,568.30 crore, a 17% increase on a YoY basis. EBIDTA surged by a very healthy 52% at Rs 265.24 crore. PBT rose higher by 64% at Rs 247.36 crore. PAT was up by a smart 58% at Rs 160.71 crore, its highest PAT ever! On an equity capital of Rs 52.73 crore, the EPS of the company stands at Rs 30.50, up from Rs 19.30 posted in 2006.

Shareholding pattern of the company is 54% with the promoters, 27% with the mutual funds, insurance companies and FIIs while 19% is held by the public.

The company is setting up a new facility at Ahmedabad to manufacture large size bearings that cater to growing sectors of wind energy, mining, steel and off-road applications. This greenfield plant is at an investment of Rs 270 crore and is expected to start manufacturing by first quarter of 2009. Once this large size bearings plant goes on stream, the company’s expanded product line ensures that its dependence on the automobile sector, especially the two-wheelers segment, will automatically go down, thereby expanding its basket of reach and risk. This plant will supply to both the domestic as well as export market.

The global demand for large size bearings is on the upswing. The fact that its parent company, SKF, is putting up a similar plant in China and is also expanding its facilities at its Swedish factory reiterates the growing demand scenario.

SKF India is also investing another Rs 150 crore in setting up a new plant at Haridwar, Uttarakhand. This factory will cater mainly to the automotive and 2 wheeler industry. The Uttarakhand plant is expected to become operational by March 2008 and will augment the existing bearings capacity by more than one-third.

2008 will once again be another landmark year for the company. Once the new plant at Uttarakhand also starts contributing to the bottomlines, the profit margins would surpass that posted in 2007 also. 2009 is also another year to look forward to as the new large bearings plant, which has higher margins, will also go on stream. By 2011, the company has stated that it hopes to double its turnover from the present levels.

Currently quoted at Rs 364.15, on the historic EPS is of around Rs 30.50, the stock is discounted below 12 times, which is lower than the industry average.

CY08 may see a topline of Rs 1,850 crore with a PAT of Rs 210 crore resulting in an EPS of close to Rs 40, discounting the present price by less than 9 times.

SKF India is a bargain buy in today’s market. The stock is a long term investment and one can safely expect a 40% return from the present rate, over the next 10 – 12 months. Yeh lambe race ka ghoda hai!

IFCI -Stock Trading

IFCI

Price Information
Open	61.70
High	64.90
Low	61.70
Last Price	63.55
Prev. Close	63.40
Change	0.15
% Change	0.24
Average Price	63.75
Total traded quantity	23476756
Turnover in Rs.Lakhs	14966.43

PENINLAND - Stock Trading

PENINLAND

Price Information
Open	96.55
High	99.10
Low	93.60
Last Price	97.45
Prev. Close	95.50
Change	1.95
% Change	2.04
Average Price	96.87
Total traded quantity	804920
Turnover in Rs.Lakhs	779.73

SIRPAPER-Stock Trading Tips

SIRPAPER

Price Information
Open	92.25
High	98.00
Low	82.25
Last Price	94.10
Prev. Close	86.00
Change	8.10
% Change	9.42
Average Price	94.93
Total traded quantity	175600
Turnover in Rs.Lakhs	166.7

Buy XL Telecom & Energy - Stock Trading

Buy XL Telecom & Energy with a stop loss of Rs 301 for short term target of Rs 418.
XL Telecom

BSE: 532788		NSE: XLTL		ISIN: INE183H01011
Industry: Telecommunications - Equipment

Price Information
Open	317.25
High	330.75
Low	310.00
Last Price	328.80
Prev. Close	315.00
Change	13.80
% Change	4.38
Average Price	321.02
Total traded quantity	504493
Turnover in Rs.Lakhs	1619.52

ISPATIND -Stock Investment

ISPATIND

Price Information
Open	44.00
High	45.10
Low	43.10
Last Price	44.30
Prev. Close	43.05
Change	1.25
% Change	2.90
Average Price	44.14
Total traded quantity	22765974
Turnover in Rs.Lakhs	10048.9

POLARIS- Stock Trading

POLARIS

Price Information
Open	94.50
High	101.55
Low	93.70
Last Price	99.30
Prev. Close	92.25
Change	7.05
% Change	7.64
Average Price	97.20
Total traded quantity	3596786
Turnover in Rs.Lakhs	3496.08

CENTBOP- Stock Trading

CENTBOP

Price Information
Open	51.00
High	58.45
Low	50.10
Last Price	57.20
Prev. Close	49.80
Change	7.40
% Change	14.86
Average Price	56.42
Total traded quantity	20565819
Turnover in Rs.Lakhs	11603.24

Buy Balrampur Chini - Stock Investments

Buy Balrampur Chini with a stop loss below Rs 93.50 for target of target Rs 101 and Rs 104.
Balrampur Chini

BSE: 500038		NSE: BALRAMCHIN		ISIN: INE119A01028
Industry: Sugar

Price Information
Open	94.50
High	99.10
Low	92.80
Last Price	97.30
Prev. Close	95.85
Change	1.45
% Change	1.51
Average Price	96.34
Total traded quantity	7287345
Turnover in Rs.Lakhs	7020.63

Sesa Goa Limited- Multi Bagger

Reco Price Rs. 3150.15 CMP: Rs.3332.50 (Gain 5.79%)
Sesa Goa Limited, the flagship company of Sesa Group is India's largest exporter of iron ore in the private sector. In September 2007, Vedanta Resources acquired an additional 20% stake in Sesa Goa, increasing its total shareholding in the Company to 71%. Iron ore business contributes to about 80% of the company's revenues. The company has access to over 200 million tons of iron ore reserves in Goa, Karnataka and Orissa. It has also developed an energy recovery technology to manufacture coke, compliant with advanced global emission norms.

SPARC-Stock Trading

SPARC

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	99.2	98.2	103.3	106.5
S.SELL BELOW	97.7	98.7	96	90.9

GEOJIT - Stock Trading

GEOJIT

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	69.28	68.58	72.26	75.43
SELL BELOW	68.23	68.93	66.11	62.43

Andhra Bank - Stock Trading

ANDHRABANK

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	91.23	90.31	92.08	93.26
S.SELL BELOW	89.85	90.77	90.05	88.28

NIIT TECHNOLOGIES LTD-Stock Trading

NIIT TECHNOLOGIES LTD

Action	Trigger Price		Stop Loss		Target 1		Target 2
BUY ABOVE	128.37		127.09		135.97		144.74
S.SELL BELOW	126.45		127.73		119.6		110.72

Price Information
Open	127.85
High	132.90
Low	124.00
Last Price	129.40
Prev. Close	127.85
Change	1.55
% Change	1.21
Average Price	130.64
Total traded quantity	234973
Turnover in Rs.Lakhs	306.97

POLARIS SOFTWARE LAB LTD-Stock Trading

POLARIS SOFTWARE LAB LTD

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	91.33	90.41	93.98	97.31
S.SELL BELOW	89.95	90.87	88	84.43

Price Information
Open	94.90
High	95.65
Low	91.65
Last Price	94.60
Prev. Close	91.10
Change	3.50
% Change	3.84
Average Price	94.57
Total traded quantity	386414
Turnover in Rs.Lakhs	365.43

VIJAYA BANK-Stock Trading

VIJAYA BANK Action		Trigger Price	Stop Loss		Target 1		Target 2
BUY ABOVE		70.33	69.63		72.36		74.18
S.SELL BELOW		69.28	69.98		68.51		65.78

VIJAYA BANK

Price Information
Open	71.00
High	71.00
Low	69.65
Last Price	70.60
Prev. Close	70.90
Change	-0.30
% Change	-0.42
Average Price	70.48
Total traded quantity	92004
Turnover in Rs.Lakhs	64.84

Sell IDFC, SL -Stock Trading

Sell IDFC, SL with a stop loss above Rs 205 for target of Rs 185 and Rs 177. This is a short term trade, apply strict stop-losses.
IDFC

BSE: 532659		NSE: IDFC		ISIN: INE043D01016
Industry: Finance - Term Lending Institutions

Price Information
Open	197.10
High	197.10
Low	190.60
Last Price	193.25
Prev. Close	196.00
Change	-2.75
% Change	-1.40
Average Price	192.69
Total traded quantity	120523
Turnover in Rs.Lakhs	232.24

Buy Ankur Drugs-Stock Trading

Buy Ankur Drugs with a stop loss of Rs 238 for short term target of Rs 464.
Ankur Drugs

BSE: 531683		NSE: ANKURDRUGS		ISIN: INE238D01012
Industry: Pharmaceuticals

Price Information
Open	275.00
High	280.00
Low	266.00
Last Price	271.00
Prev. Close	257.40
Change	13.60
% Change	5.28
Average Price	274.42
Total traded quantity	872
Turnover in Rs.Lakhs	2.39

Buy OBC

Buy Oriental Bank of Commerce with a stop loss of Rs 264 for short term target of Rs 320.
Oriental Bank

BSE: 500315		NSE: ORIENTBANK		ISIN: INE141A01014
Industry: Banks - Public Sector

Price Information
Open	274.00
High	280.60
Low	271.05
Last Price	279.55
Prev. Close	273.50
Change	6.05
% Change	2.21
Average Price	278.21
Total traded quantity	169724
Turnover in Rs.Lakhs	472.19

Buy Bajaj Hindustan - stock investment

Buy Bajaj Hindustan with a stop loss of Rs 220 for a target of Rs 307 & Rs 359

Bajaj Hindustan

BSE: 500032		NSE: BAJAJHIND		ISIN: INE306A01021
Industry: Suga

Price Information
Open	244.05
High	269.70
Low	240.00
Last Price	265.40
Prev. Close	241.65
Change	23.75
% Change	9.83
Average Price	259.18
Total traded quantity	5673029
Turnover in Rs.Lakhs	14703.36

Buy Sesa Goa - stock investment

Buy Sesa Goa with a stop loss of Rs 3100 for a target of Rs 3900.
Sesa Goa

BSE: 500295		NSE: SESAGOA		ISIN: INE205A01017
Industry: Mining/Minerals

Price Information
Open	3170.00
High	3444.70
Low	3170.00
Last Price	3335.80
Prev. Close	3152.80
Change	183.00
% Change	5.80
Average Price	3347.91
Total traded quantity	329744
Turnover in Rs.Lakhs	11039.53

Buy Mercator Lines

Buy Mercator Lines on declines with a stop loss of Rs 84 for short term target of Rs 140.
Approximately 3 –4 weeks. If the target is not met within 3-4 weeks then please exit the positions.
Mercator Lines

BSE: 526235		NSE: MLL		ISIN: INE934B01028
Industry: Shippin

Price Information
Open	92.00
High	95.30
Low	88.00
Last Price	94.90
Prev. Close	90.75
Change	4.15
% Change	4.57
Average Price	94.80
Total traded quantity	824084
Turnover in Rs.Lakhs	781.23

Buy Hindalco - stockinvestment

Buy Hindalco with a stop loss of Rs 160 with a target of Rs 190 and Rs 230
Hindalco

BSE: 500440		NSE: HINDALCO		ISIN: INE038A01020
Industry: Aluminium Price Information Open 163.00 High 180.90 Low 160.00 Last Price 178.30 Prev. Close 163.65 Change 14.65 % Change 8.95 Average Price 171.71 Total traded quantity 4557205 Turnover in Rs.Lakhs 7825.18

Buy Tata Steel - stock investment

Buy Tata Steel with a stop loss of Rs 740 and target of Rs 950
Tata Steel

BSE: 500470		NSE: TATASTEEL		ISIN: INE081A01012
Industry: Steel - Large

Price Information
Open	765.00
High	821.10
Low	765.00
Last Price	818.15
Prev. Close	778.40
Change	39.75
% Change	5.11
Average Price	800.19
Total traded quantity	2298009
Turnover in Rs.Lakhs	18388.44

Nagarjuna Fertiliser & Chemicals Ltd - Stock Trading

Nagarjuna Fertiliser & Chemicals Ltd

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	50	48.4	51	53
SELL BELOW	48	49	47	44

Price Information
Open	45.65
High	50.00
Low	45.50
Last Price	49.70
Prev. Close	43.50
Change	6.20
% Change	14.25
Average Price	47.86
Total traded quantity	26607669
Turnover in Rs.Lakhs	12734.43

K S OILS LIMITED - Stock Trading

K S OILS LIMITED

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	84	80	87	91
SELL BELOW	78	81	75	67

Price Information
Open	71.60
High	83.85
Low	71.60
Last Price	82.80
Prev. Close	69.85
Change	12.95
% Change	18.54
Average Price	78.69
Total traded quantity	2145143
Turnover in Rs.Lakhs	1688.01

PETRONET LNG LIMITED - Stock Trading

PETRONET LNG LIMITED

Action					Stop Loss			Target 1		Target 2
BUY ABOVE					72			76		78
SELL BELOW					72.5			70		66

Price Information
Open	69.00
High	74.75
Low	68.20
Last Price	73.95
Prev. Close	67.05
Change	6.90
% Change	10.29
Average Price	71.91
Total traded quantity	3217099
Turnover in Rs.Lakhs	2313.42

Buy Indian Bank - Stock Investments

Buy Indian Bank with a stop loss of Rs 208 for short term target of Rs 256.
Indian Bank

BSE: 532814		NSE: INDIANB		ISIN: INE562A01011
Industry: Banks - Public Secto

Price Information
Open	214.50
High	225.00
Low	214.00
Last Price	222.05
Prev. Close	208.80
Change	13.25
% Change	6.35
Average Price	219.66
Total traded quantity	561538
Turnover in Rs.Lakhs	1233.47

Nagarjuna Fertiliser & Chemicals Ltd - Stock Investments

Nagarjuna Fertiliser & Chemicals Ltd

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	44	43	45	47
SELL BELOW	42.5	43.5	41.5	40

Price Information
Open	45.65
High	48.00
Low	45.50
Last Price	46.90
Prev. Close	43.50
Change	3.40
% Change	7.82
Average Price	46.37
Total traded quantity	4146397
Turnover in Rs.Lakhs	1922.68

Usha Martin Limited- Stock Investments

Usha Martin Limited

Action	Trigger Price	Stop Loss	Target 1	Target 2
BUY ABOVE	86	84	87	90
SELL BELOW	83	85	81	79

Price Information
Open	88.50
High	89.95
Low	88.50
Last Price	89.95
Prev. Close	85.65
Change	4.30
% Change	5.02
Average Price	89.93
Total traded quantity	58835
Turnover in Rs.Lakhs	52.91