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..