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.