Free Intraday Stock Tips

Stock Tips For 20th October 2009

Buy IRB above 263 SL 259.45 Target 267-269
BUY VIDEOCON IND CMP 254 STOP 252 TARGET 264.

Futures (Weekly)

Hold Long Nifty October ’09 with a target of 5305.00 & with a stoploss below 5051.00.

Buy BankNifty Oct.’09 at current levels with a target of 10153.00 & with a stoploss below 9150.00.

Options

Sell Nifty Oct.’09 5000.00 PE at current levels with a target of 23.00 & with a stoploss above 52.00.

Buy Sesa Goa 360.00 CA at current levels with a target of 16.00 & with a stoploss below 6.00.

Very Long Term Delivery Calls (1-2 Years)

We strongly recommend a buy on Clarian Chemicals India Ltd. at current levels with a long-term target of 775.00.

We strongly recommend a buy on CMC Ltd. at current levels with a long-term target of 3625.00.

Long Term Delivery Calls (4-6 Months)

We strongly recommend a buy on Chowgule Steamships Ltd. at current levels with a long-term target of 120.00.

We strongly recommend a buy on Prism Cement at current levels with a long-term target of 77.00.

Medium Term Delivery Calls (3-4 Months)

We strongly recommend a buy on Gujarat Alkalies & Chem. Ltd. at current levels with a medium-term target of 186.00 & with a stoploss below 94.00.

We strongly recommend a buy on Gujarat Fluorochemicals Ltd. at current levels with a medium-term target of 249.00 & with a stoploss below 111.00.

Short Term Delivery Calls (1-2 Months)

Buy Gujarat Gas Co. at current levels with a short-term target of 229.00 & with a stoploss below 196.00.

Buy Gujarat Inds. Power Co. Ltd. at current levels with a short-term target of 150.00 & with a stoploss below 105.00.

Tags: Day Trading Alerts, day trading calls, Intraday, intraday stock calls, nifty future, nifty options, nifty signals

The IIP Patchup

The August Index of Industrial Production (IIP) number has come in double-digits at 10.4% as against 6.8% last month.

Meanwhile the IIP number for July 2009 has been revised to 7.2% as against the provisional figure of 6.8%.

IIP data in detail:

Manufacturing output at 10.2% versus 1.7% (YOY)

Mining at 12.9% versus 2.8% (YOY)

Electricity at 10.6% versus 0.8% (YOY)

April to August industrial growth at 5.8% versus 4.8% (YOY)

Basic goods at 10% versus 3.9% (YOY)

Capital goods at 8.3% versus 0.9% (YOY)

Intermediate goods at 14.2% versus -5.5% (YOY)

Consumer goods at~8.5% versus 6.4% (YOY)

Consumer durables at 22.3% versus 3.9% (YOY)

Consumer non-durables growth at 3.7% versus 7.3% (YOY)

Tags: IIP

Latest Grey Market Premium (12-Oct-2009)

Thinksoft Global Services Ltd
Open: 22-Sep-2009
Close 01-Oct-2009
Offer Price Rs. 115 – Rs. 125
Premium Rs. 4 – 4.50

Euro Multivision Limited
Open 22-Sep-2009
Close 24-Sep-2009
Offer Price Rs. 70 – Rs. 75
Premium Rs. 3.50 – 4

Indiabulls Power Ltd
Open 12-Oct-2009
Close 15-Oct-2009
Offer Rs. 40 – Rs. 45
Premium Rs. 2 – 2.50
Kostak Rate* : Rs. 1600 – 1700

* Kostak Rate is the premium one gets by selling his/her IPO application (in an off market transaction) to someone else even before allotment or listing of the issue

Tags: GMP, Grey Market Premium, Indiabulls power GMP