Intraday Trading tips 25 March 2010

March 25, 2010

Source	Company	Action	Target (Rs)
Firstcall	Mangalam Cement	Buy	198
Zee Business	Rolta	Sell	167
Firstcall	Amtek Auto	Buy	208
Sify Finance	SAIL	Hold	-
ICICIDirect	Idea Cellular	Sell	-
Sify Finance	Bharat Forge	Hold	Stop loss 220
CNBC TV18	Jindal Steel	Buy	82-85
ICICIDirect	Reliance Industries	Buy	-
Sify Finance	KPIT Cummins	Hold	-
CNBC TV18	DLF	Sell	280
ICICIDirect	Praj Industries	Sell	Stop loss 83.20
Sify Finance	IOC	Buy	Stop loss 285
ICICIDirect	Kotak Mahindra Bank	Sell	Stop loss 737
CNBC TV18	HDFC Bank	Buy	2000
ICICIDirect	Ranbaxy	Buy	481/ 485
CNBC TV18	Petronet LNG	Buy	82-85
Sify Finance	Praj Industries	Buy	-
Firstcall	Tech Mahindra	Hold	1075
Firstcall	Ambuja Cements	Hold	122
Firstcall	Kalyani Steels	Hold	260
Firstcall	NIIT	Hold	76
Firstcall	SREI Infrastructure	Buy	90
Firstcall	Tata Power	Hold	1499
Firstcall	Stride Arcolab	Buy	367
Firstcall	Deccan Chronicle	Buy	190

Daily Trading Tips - 23 March 2010

Source	Company	Action	Target (Rs)
CNBC Awaaz	Dalmia Cement	Buy	290
NDTV Profit	Unitech	Hold	125
Sify Finance	Lupin	Hold	Stop loss 1530
CNBC Awaaz	Moser Baer	Buy	106
Sify Finance	Syndicate Bank	Buy	Stop loss 72
Zee Business	Sesa Goa	Hold	425
NDTV Profit	Aurobindo Pharma	Hold	1250-1500
ICICIDirect	GAIL	Sell	Stop loss 410
ICICIDirect	GMR Infra	Sell	Stop loss 58
NDTV Profit	NTPC	Hold	280
ICICIDirect	Divi's Laboratories	Buy	654/ 657
CNBC Awaaz	Petronet LNG	Buy	95
ICICIDirect	Tech Mahindra	Buy	924/ 927
Zee Business	Future Capital Holdings	Buy	250
Sify Finance	L&T	Buy	-
Sify Finance	PTC India	Buy	Stop loss 90
Zee Business	Raymond	Buy	300
Zee Business	Prakash Industries	Hold	Stop loss 220
CNBC Awaaz	Idea Cellular	Hold	-
CNBC TV18	Infosys	Buy	2900
Zee Business	Cipla	Buy	345
CNBC TV18	Union Bank	Buy	291
CNBC TV18	Siemens	Buy	740
Firstcall	Mcnally Bharat Engineering	Buy	325
Zee Business	Lupin	Buy	1667
Sify Finance	Indian Oil Corporation	Buy	-
Firstcall	TVS Motor	Buy	92
CNBC Awaaz	Mercator Lines	Hold	64-66
Firstcall	Accentia Technologies	Buy	475
Zee Business	SREI Infrastructure	Hold	90
Zee Business	Axis Bank	Buy	1168
CNBC Awaaz	BPCL	Buy	535
Sify Finance	IVRCL Infra	Buy	-
Sify Finance	Ambuja Cements	Buy	-
ICICIDirect	Hindustan Unilever	Buy	-
Firstcall	Tech Mahindra	Hold	1075
Firstcall	Ambuja Cements	Hold	122
Firstcall	Kalyani Steels	Hold	260
Firstcall	NIIT	Hold	76
Firstcall	SREI Infrastructure	Buy	90
Firstcall	Tata Power	Hold	1499
Firstcall	Stride Arcolab	Buy	367
Firstcall	Deccan Chronicle	Buy	190

Buy Apollo Typres

Apollo Tyres (ATL), India’s premier tyre company which is currently ramping up its capacities to 1,000TPD from 744TPD in India (through both green and brown-field additions, entailing an investment of Rs 1, 000cr) is well-positioned to take advantage of the revival in the domestic and global auto industries. Further, the substantial decline in the prices of natural rubber and other crude related raw materials from their peak levels in 1HFY2009 is expected to boost ATL’s profitability going ahead. Also, we expect ATL stands to benefit on account of a demand-supply mismatch in the cross-ply segment on account of the existing players concentrating on building new radial facilities which would lead to better realisations in cross-ply segment thereby improving its margins and profitability in the long term. Further, in May 2009, Apollo acquired 100% shareholding of Vredestein Banden (VBBV), a Dutch tyre manufacturing company, with a production capacity of 5.5mn tyres and enjoying a market share of 1.67% in the European market. This acquisition is expected to add further impetus to the company’s growth in overseas markets. At Rs 42, the stock is currently trading at 6.4xFY2011E Earnings. We recommend a Buy on the stock with a Target Price of Rs 53.