STOCK PICKS FOR 31-12-2007

Buy Valechaeng Stoploss(SL) 267 Target(TGT) 323...363
Buy Ashapuraminechem SL 316 TGT 400..430
Buy TataSteel SL 807 TGT 1000
Buy ZEEL stoploss 295 TGT 340..359

Note:See disclaimer below

NTPC Option Strategy

Buy PRICOL SL 34.50 tgt 55

Pricol is a good buy at thes levels, attempting to bounce back to 55-60 levels.Buy

TRENT!!!

Hope u all made a neat profit in trent. Trent reached 827 on 26/12 . Those who booked profit can buy around 770 levels again and ride the fresh wave upto 1000.Dont forget that this is a TATA stock and will reward its shareholders in long run.Sundaram BNP Paribas has informed NSE on 27th that it has bought 35000 shares and increased stake to 5.05% with 796577 shares till date.

BUY TRENT - SL 580 TGT 835

Trent is a TATA group retail. The share price was depressed as UTI mutual fund was selling.Now this has been absorbed by the market and it has show a good cup and handle pattern with a target of 835 levels. As markets are volatile, buy and average

Performance Till Date

Buy GIPCL SL 92 TGT 200

Hai,
See EPS and book value. We missed the stock when it was 60 odd rupees.But should we continue to miss it when it will move from 108 levels to 200 levels.Buy huge volumes as there is nothing to lose.

Company Snapshot

Gujarat Industries Power Co Ltd Gujarat Industries Power Company (GIPCL), incorporated on June 1985, was promoted jointly by Gujarat State Fertilizers and Chemicals Ltd, Gujarat Alkalies & Chemicals (GACL), Gujarat Electricity Board (GEB), Petrofils Cooperatives Ltd and Heavy Water Project (HWP) of the Atomic Energy Deparment..

Buy Jindal SouthWest Holdings 550-600 TGT 1200

Hai, Hope u all enjoyed NTPC, HDFC Bank.I was not following the market closely as it was turbulent and recommending stocks was dangerous.Now except for correction due to P-Note crisis, the markets will stabilize.One steel group to watch (thanks to Reliance Capital) is Jindal.Of this Jindal Southwest Holdings is having good cash accumulation and has broken out of a trading range.So buy and forget.Target is for 6 months horizon.
Videocon is still a buy.Only people with patience buy this stock.

Buy Videocon Industries around 350-370 levels target 598 12 months time

Videocon Industries is being sold aggresively by FCCB holders have converted to shares at 450 levels(Avg) and are disposing the shares.The company is an excellent buy at this point as it is another oil major in making with success coming its way in oil and gas explorations.It also has a good portfolio of investments in stocks that will generate a handsome profits if sold at the current levels.Buy and HOLD .This stock will be another Reliance in long run, with Mr.Venugopal Dooth trying his level best to enhance shareholder wealth,by merging associate companies with Videocon and coverting it as a holding company.As market conditions are not conducive at this point, Stop loss may be hit .So i have not recommended any stop loss for this undervalued company.Jus buy small quantities at every dip and average.

DCHL Follow up

Though DCHL went much below the recommended rate, it has bounced back smartly.Now EMKAY stocks have come out with a recommendation to buy with 330 as target in 6 months.

Buy NTPC Above 166 TGT 200 sl 156

Hai, Markets are in a flux, not knowing the direction.The best is to stick to PSU's that have huge assets that cannot be matched( not talking about Bipasha !!!) by any private operators.One such company is NTPC.The latest Q1 2007-08 is very exciting with a vertical increase in profits.One can buy(only if you have holding power,because sl may be triggered due to market conditions), with a target of about 200 plus in December 2007.( i have one lot purchased @169!).

Bye

Buy GSPL only above 63 Tgt 105 Strict stoploss 58

GSPL was my favourite stock which i bought at 36 and sold at 59.This stock has been consolidating for a while, and is ripe for a breakout.Hope all would have enjoyed HDFC Bank and Apollo Tyres.Apollo tyres stock is to be split from 10 face value to 2.So enjoy.

Bye

BUY APPOLO TYRES above 374 TGT 415 upto 470 strict SL 354

A NICE CUP AND HANDLE FORMATION WITH BREAKOUT.

Buy DCHL

Hai, DCHL is about to breakout.Buy with a target of 254 SL 230

Buy CrewBos

Buy CrewBos Target 198 SL 148

Buy HDFC BANK TGT 1328 SL 1081

Hai all, HDFC Bank looks ripe for a breakout.With ICICI bank issue a resounding success, HDFC bank is set for a up move.

Buy Dena Bank Tgt 55

All bank stocks are buy as inflation seems to be under control and RBI will defer CRR hike.Thus amongst the private sector banks Dena Bank is one that is an old time favourite.

Buy small quantities and average in case of fall as general market trend is swinging.Gail as mentioned is down due to market weakness and still can be bought in small quantities.Did every one see the breakouts in PetroNet and Geojith ? ( See my old post recommending these scripts).

Buy GAIL Tgt 400 Sl 278

Buy good quantities of GAIL around 313 - 320 levels for medium term target of 400+.

Buy AgroDutch

Buy Agro Dutch Tgt 36 Stoploss 28

GEOINFO BUY

As i was busy with auditing, was not able to post.Also FO closing will produce a lot of seesaw data that will give wrong signals.The stock to watch is this week is GEOINFO.

Buy Around 232 to 238 levels , stop loss 225 ,with target of 323.Short term seesaw will persist till 30th

BUY BHAGYNAGAR

Buy Bhagynagar between 43.10 and 45.20 stoploss 41.25 target 49

BUY JUBILANT

Buy Jubilant Entry 263 Stoploss 255 target 273

Buy DSKULKARNI

Buy DSKULKARNI tgt 293 stoploss 249

SELL NRC TARGET 19.65

Sell NRC 27.1 tgt 19.65 stoploss 28.69.edited stop loss @10.47AM

BUY GEOJIT-Target 42.30 10 days time

Buy good quantities of Geojit.ADX consolidation breakout seen

HINDUSTANLEVER- SELL Target 156

Petronet Buy

Buy small quantities of Petronet

Wont trade till new year- April 2007

I dont trade after budget as the market has already factored in the financial year ending prices and will be erratic.So trading then will certainly make you loose money.SELLl in MAY and BUY in SEPTEMBER is my policy for long term stocks and my profits fromthis strategy is around 73%.
So beware and start selling small quantities to recover your initial investment from April 2007