Free Intraday Stock Tips -21st August 09

CRANESSOFT ( Cranes Software Intl Ltd )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	42.5	41.5	43.8	45.5
S.SELL BELOW	41	42	40	38

INDOWIND ( Indowind Energy Ltd )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	40.5	40	42	44
S.SELL BELOW	39.5	40.3	38.3	36.5

3IINFOTECH ( 3I Infotech Ltd. )

Action	Trigger Price	Stop Loss	Target-1	Target-2
BUY ABOVE	85	83	87	89.5
S.SELL BELOW	82.5	83.5	81	77

3i Infotech repurchases US$2 million worth FCCBs

3i Infotech Ltd has announced that the Company have repurchased and cancelled certain Foreign Currency Convertible Bonds (FCCBs).

The company has repurchased USD 2 Million worth bonds with maturity of July 27, 2012 out of US $ 100 Million Zero Coupon Convertible Bonds due 2012.

The nominal amount of Bonds outstanding after this cancellation is USD 72.867 Million out of US $ 100 million Zero Coupon Convertible Bonds due 2012. The Maturity date of these bonds is July 27, 2012.

The stock was trading at Rs.49.20, up by Rs.3.25 or 7.07%. The stock hit an intraday high of Rs.49.50 and low of Rs.46.90.

The total traded quantity was 1110798 compared to 2 week average of 1477706.

3i Infotech repurchases FCCBs

3i Infotech Ltd has announced that the Company have repurchased and cancelled Foreign Currency Convertible Bonds.

The company has repurchased bonds worth Euro 1 Million out of Euro 30 million Zero Coupon Convertible Bonds due 2012 with maturity of April 03, 2012.

The company has repurchased bonds worth USD 17.033 Million out of US $ 100 Million Zero Coupon Convertible Bonds due 2012 with maturity of July 27, 2012.

The nominal amount of Bonds outstanding after the above cancellation is as below:

Maturity - April 03, 2012
Description - Euro 30 million Zero Coupon Convertible Bonds due 2012
Nominal Amount of Bonds outstanding - Euro 26 Million

Maturity - July 27, 2012
Description - US $ 100 million Zero Coupon Convertible Bonds due 2012
Nominal Amount of Bonds outstanding - USD 74.867 Million.

The stock was trading at Rs.42.20, up by Rs.2.80 or 7.11%. The stock hit an intraday high of Rs.42.30 and low of Rs.38.

The total traded quantity was 1216883 compared to 2 week average of 648314.