STOCK IDEAS FOR 2008

Technical Picks for the Forthcoming Week

STOCK	RECOMMENDATION	CMP	STOP LOSS (Rs)	TARGETS (Rs)
HMT	BUY	111	107.50	123,136
ROHITFERRO	BUY	99.45	94	113,124
TTML	BUY	60.65	57	66,71

Buy Cosmo Ferrites @20.10 Target1: 25 Target2: 30+

Hot Multibagger TIP: Buy Apple Finance@19.05 Buy and Forget! (Will Show 3 figures in a year).

Next 4-6 months targets

SCRIP	TARGET
J P HYDRO	240
IKF TECH	22
GV FILMS	17
HFCL	74
MAARS SOFTWAR	14
ISPAT INDS	167
HIND MOTORS	98
IFCI	160
ESSAR OIL	680
SUVEN LIFE	92
RPL	444
SPICEJET	143
RNRL	356
TTML	97

Value Picks for 2008

Sr. No	Company Name	Current Price (Rs)	Target Price (Rs)	Expected Appreciation*
1	ANG Auto	165	225	40%
2	Bihar Tubes	195	300	50%
3	GM Breweries	140	225	60%
4	Hind Rectifiers	210	325	55%
5	Honda Siel Power	270	375	40%
6	Indo Asian Fuse Gear	155	220	40%
7	International Combustion	545	875	60%
8	Lokesh Machine	125	175	40%
9	Mazda Ltd	95	150	60%
10	Micro Technologies	310	450	45%
11	Numeric Power	850	1350	60%
12	Rama Paper	33	50	50%
13	Spanco Tele	230	325	40%
14	Stone India	175	250	40%
15	Tera Software	95	175	80%

SOME SCRIPTS

· GMR Infrastructure : I suggest the investors to stay invested as the counter is consolidating. One should stay positive with a medium-term target of Rs 280. On the down side, it has support at Rs 225 level.:Ashu Kakkar, Tech Analyst, skypowerfinancialservices.com. (12/28/2007)

· PRIME SECURITIES : I suggest the investors to exit the counter now and re-enter at lower levels. The support is far away and the stock does not look good on the charts.:Rajesh Jain, VP & Head Research, SMC Global Securities. (12/27/2007)

· NTPC : I think that the counter will not catch momentum until it breaches Rs 250 level and it will take some time before it overcomes this hurdle. One has to wait to reap benefit from this counter.:Rajesh Jain, VP & Head Research, SMC Global Securities. (12/27/2007)

· TATA CONSULTANCY SERVICES : I suggest the investors to hold the stock for another year. The company has shown growth despite the rupee pressure. I am sure that the counter will move up.:VVLN Sastry, Country Head, Firstcall India Equity Advisors. (12/27/2007)

· ASHOK LEYLAND LTD : I suggest the investors to hold the stock as it is currently trading at a strong support level. Once it outbreaks, the counter will outperform. Maintain stop loss at Rs 42 levels.:Rajesh Jain, VP & Head Research, SMC Global Securities. (12/27/2007)

· RELIANCE COMMUNICATION : I suggest the investors to hold the stock as it can breach Rs 1,000 levels. The spectrum issue seems to be solved and RCom will be the biggest beneficiary.:VVLN Sastry, Country Head, Firstcall India Equity Advisors. (12/27/2007)

· REI AGRO LTD : I expect the counter to breach the resistance level of Rs 800 levels. Investors can stay invested in the counter as it can see a spurt of 30-40 per cent.:MB Singh, Technical Analyst, technicaltradersofindia.com. (12/26/2007)

· BERGER PAINTS INDIA LTD : I expect the counter to move up further as it has broken out on a bullish pattern at Rs 60 levels. I suggest the investors to book profits at Rs 100 levels.:MB Singh, Technical Analyst, technicaltradersofindia.com. (12/26/2007)

· PHOENIX MILLS LTD : I suggest the investors to stay invested and ride the trend. Look to book profits at Rs 450 levels with stop loss at Rs 380 levels.:MB Singh, Technical Analyst, technicaltradersofindia.com. (12/26/2007)

· APOLLO TYRES LTD : I suggest the investor to hold the stock for another two months for better returns. The counter still has some headroom left and once it crosses resistance at Rs 45 levels, it can test Rs 75 levels.:MB Singh, Analyst, technicaltradersofindia.com. (12/26/2007)

· JAIPRAKASH ASSOCIATES : I suggest the investors to stay invested and ride the trend. Look to book profits at Rs 450 levels with stop loss at Rs 380 levels.:Mitesh Mehta, Director, MNM Financial Consultants. (12/26/2007)

· MYSORE CEMENTS LTD : I recommend the investors to hold the stock as the space is gaining ground. Though the stock is consolidating now but it can breach Rs 70 levels and can surge further ahead.:Hemen Kapadia, CEO, chartpundit.com. (12/24/2007)

· ALLIED DIGITAL SERVICES LTD : I recommend the investors to book profits in rallies and switch to better IT counter. Though the counter has moved up post IPO but there is pressure on margins.:Arpit Agarwal, Head of Research, Arihant Capital. (12/24/2007)

· SHASUN CHEMICALS & DRUGS : I believe that the worst is over and investors can hold the stock. Technically it looks good on the charts and sure to surge ahead.:Hemen Kapadia, CEO, chartpundit.com. (12/24/2007)

· BHARAT HEAVY ELECTRICALS : I suggest the investors to stay invested as power sector is expanding in India and Bhel is one of the largest beneficiary of the expansion. It has good long-term prospect.:Arpit Agarwal, Head of Research, Arihant Capital. (12/24/2007)

· 3I INFOTECH LTD : I recommend staying invested as it has a strong support at Rs 131 levels and can reach Rs 162 levels after which a lot of action can be seen. The counter can breach Rs 190 levels.:Hemen Kapadia, CEO, chartpundit.com. (12/24/2007)

Wish U All A Happy Christmas & Happy New Year

markets for week ahead after 30-12-2007

intraday charting for 28-12-2007

NO ONE CAN PREDICT LOWS AND HIGHS

AGAIN SAYING DONT FOLLOW RUMOURS

PLEASE NOTE CALLS GIVEN HERE MAY BE OR MAY NOT BE FOR INTRADAY PURPOSE

Nifty Support At 5915-5880 Resistance At 6100-6200

Sensex Support At 19750-600 Resistance At 20400-500

Scrip Trigger Price Stop Loss Target 1 Target 2
IDEA BUY ABOVE 136.70 135.50 138.10 140.00

SELL BELOW 134.00 135.20 132.70 130.80

TRIVENI BUY ABOVE 180.10 178.50 181.90 184.45

SELL BELOW 176.55 178.15 174.75 172.35

Scrip Previous Close Support 1 Support 2 Resistance 1 Resistance 2

Nifty (Spot) 6081.50 6062 6014 6112 6168

F U T U R E S

HERE ARE SOME POSITIONAL TARGETS FOR SOME SHARES IN JAN SERIES

CAIRNS TA 280

COLGATE TA 450

RELIANCE CAPITAL TA 2700

VSNL TA 800

FOR SL KEEP SL IN NIFTY SPOT AT 5980

technical level for 28-12-2007

Stocks Traded in Futures at NSE

Stock Name	Close	Trend	Support	Resistance
3IINFOTECH	140.8	Up	138- 140
A.C.C.	1013	Down		1045- 1066
ABAN	4730.15	Down		4729- 4824
ABB LTD.	1492.5	Down		1528- 1559
ABIRLANUVO	1836	Up	1704- 1738
ADLABS FILM	1451.15	Up	1201- 1225
AIAENG	1650	Up	1596- 1629
AIRDECCAN	280	Up	252- 257
ALLHABAD BNK	116.45	Up	113- 116
ALOK INDS	99.05	Up	83- 85
AMBUJACEM	147	Down		146- 149
AMTEK AUTO	429.7	Up	445- 454
ANDHRA BANK	104.6	Up	102- 104
ANSALINFRA	419.1	Up	332- 338
APIL	1070	Up	995- 1015
APTECH TRAIN	402	Down		379- 387
ARVIND MILLS	85.85	Up	77- 79
ASHOK LEYL	49.4	Up	47- 48
AUROBINDO PH	532.45	Up	523- 534
AXISBANK	955	Up	935- 954
BAJAJ AUTO	2690	Up	2669- 2723
BAJAJHIND.LT	295.6	Up	244- 249
BALLARPUR IN	170.2	Up	165- 168
BALRAMPUR C.	116.7	Up	102- 104
BANK OF BARO	437	Up	396- 404
BANK OF IND.	363	Up	352- 359
BATA INDIA	249.8	Up	242- 247
BH.EARTH MOV	1700	Down		1652- 1685
BHARAT ELEC.	1980	Up	1838- 1875
BHARAT FORGE	340	Up	339- 345
BHARAT PETRO	473	Up	417- 425
BHARTIARTL	972.25	Up	938- 957
BHEL	2556.55	Down		2548- 2600
BHUSHAN ST.	1512.15	Up	1342- 1369
BIOCON EQ	570	Up	568- 579
BIRLA CORP	325.1	Down		328- 335
BOM DYEING	740.9	Down		705- 719
BONGAIGAON R	103	Up	94- 96
BRFL	339	Up	327- 334
CAIRN	246.75	Up	218- 222
CANARA BANK	302.2	Up	291- 297
CENTRALBK	133	Up	133- 136
CENTURY TEXT	1100	Down		1087- 1109
CESC LTD	600	Down		598- 610
CHAMBAL FERT	84.4	Up	76- 78
CHENNAI PETR	405.9	Down		397- 405
CIPLA	214	Up	199- 203
CMC	1385.05	Up	1094- 1116
COLPAL	401	Up	388- 396	388- 396
CORPN. BANK	427	Up	420- 429
CROMPTON GR.	386	Down		394- 402
CUMMINSIND	406	Down		401- 409
DABUR INDIA	113	Up	112- 115
DCB	143	Up	138- 141
DENA BANK	81.7	Up	81- 83
DIVIS LAB	1794.7	Up	1702- 1736
DLF	1019.8	Up	954- 973
DR.REDDY	714.9	Up	672- 686
EDELWEISS	1420	Up	1424- 1453	1424- 1453
EDUCOMP	4440	Up	3803- 3880
EKC	349.45	Down		319- 325
ESCORTS	147.1	Down		146- 149
ESSAR OIL	308.15	Up	252- 257
FEDERAL BANK	320.2	Down		321- 328
FINANTECH	2400	Up	2421- 2470
GAIL	532.6	Up	480- 490
GBN	1000	Up	950- 969
GDL	142.5	Down		143- 146
GESHIP	554.9	Up	498- 508
GITANJALI	453	Up	412- 421
GLAXO SMITHK	1036	Up	1022- 1042
GMRINFRA	242.95	Down		234- 239
GRASIM IND.	3620	Down		3620- 3693
GTL EQ	250	Down		255- 260
GTOFFSHORE	924	Down		887- 905
GUJ.ALKALI	246	Up	217- 221
GUJ.NARMADA	217	Up	187- 191
HAVELLS (I)	642.8	Up	639- 651
HCC	209.7	Down		201- 206
HCL TECHNOLO	320	Up	308- 314
HDFC BANK	1755	Up	1665- 1699
HDIL	987	Up	871- 889
HERO HONDA	705	Down		697- 712
HIND.OIL EXP	165.75	Up	147- 150
HIND.PETROL	332.1	Up	302- 309
HIND.ZINC	778.05	Up	787- 802
HINDALCO	212.25	Up	197- 201
HINDUJAVEN	690	Up	599- 611
HINDUNILVR	217.8	Up	209- 213
HOTEL LEELA.	67.6	Up	63- 65
HOUS DEV FIN	2908	Up	2795- 2851
HTMTGLOBAL	540	Up	521- 532
I-FLEX	1509.9	Down		1493- 1523
ICICI BANK	1250	Up	1184- 1208
IDBI	161.25	Down		162- 165
IDEA	135.5	Up	130- 132
IDFC	219.1	Up	209- 214
INDIA CEMENT	308.9	Up	296- 302
INDIAINFO	1705	Up	1387- 1415
INDIAN HOTEL	157.9	Up	144- 147
INDIAN OIL	710	Up	607- 619
INDIANB	197.5	Up	187- 190
INDUS IND BK	133	Up	119- 122
INDUST.FIN.C	78.45	Down		93- 95
INFOSYS TECH	1807	Up	1678- 1712
IOB	175.6	Up	167- 171
ISPATIND	81.2	Up	67- 68
ITC	203.25	Up	191- 195
IVRCL INFRAS	521.5	Up	488- 498
IVRPRIME	427.85	Up	428- 437
JAMMU&K BANK	832.95	Up	798- 814
JETAIRWAYSEQ	978.9	Up	912- 930
JIND STAINLE	229.6	Up	216- 220
JINDALSAW EQ	1014.7	Up	914- 933
JINDL STL&PO	14505	Up	13649- 13925
JPASSOCIATEQ	424.05	Up	377- 385
JPHYDRO	127.9	Up	116- 118
JSWSTEEL	1303	Up	1141- 1164
KARNATAK BNK	215	Down		214- 219
KESORAM	579.8	Up	581- 593
KOTAK BANK	1242	Down		1179- 1202
KPIT INFOSYS	127	Up	122- 124
LAKSHMI MACH	3300	Up	3361- 3429
LIC H.FINAN	364	Up	354- 361
LITL	801.15	Up	655- 668
LT EQ	4165	Down		4087- 4169
LUPIN	620.05	Up	583- 595
MAH & MAH	829	Up	770- 786
MAH.SEAMLESS	577	Up	557- 569
MAHANGR TELE	183.55	Up	177- 181
MAHLIFE	835	Up	746- 761
MARUTI	995.75	Down		1005- 1026
MATRIXLABSEQ	223.25	Up	224- 228
MCDOWELL	1900	Down		1899- 1937
MICO	4945	Up	4787- 4883
MOSER-BAER	288	Up	284- 290
MPHASIS	300	Up	284- 290
MRPL	134.5	Up	125- 128
NAGAR.CONST.	347	Up	323- 329
NAGAR.FERT	80.25	Up	76- 77
NATION ALUMI	480	Up	403- 411
NAUKRI	1330	Down		1351- 1379
NDTV EQ	462	Up	401- 409
NETWORK18	484.8	Up	458- 467
NEYVELI LIGN	244.9	Up	231- 235
NICHOLAS PIR	347.2	Up	331- 337
NIITLTD EQ	144.8	Down		138- 141
NIITTECH EQ	237	Up	238- 243
NTPC EQ	241.5	Down		236- 241
NUCLEUS SOFT	354.05	Up	337- 344
OMAXE	555	Up	485- 495
ONGC CORP.	1245	Up	1191- 1215
ORCHID CHEM	258	Down		246- 251
ORIENT.BANK	268	Down		260- 265
OSWAL CHEM.	68	Up	62- 63
PANTALN RETL	768	Up	675- 689
PARSVNATH	424.5	Up	380- 387
PATELENG EQ	849.95	Up	810- 826
PATNI EQ	326.1	Up	325- 332	325- 332
PENINLAND	136.55	Up	136- 138
PETRONET EQ	103.95	Down		103- 105
PFC	253	Up	252- 257
PNB	659	Up	624- 637
POLARIS SOFT	124	Up	117- 119
POWERGRID	142.5	Down		142- 145
PRAJ IND.LTD	242	Up	225- 229
PUNJLLOYD	563	Up	510- 521
PURVA	428.95	Up	433- 442
RAJESH EXPOR	860	Up	882- 900
RANBAXY LAB.	412	Up	404- 413
RCOM	736.1	Up	715- 730
REDINGTON	405.9	Up	386- 394
REL EQ	2140.35	Up	1880- 1918
REL.CAPITAL	2580	Up	2361- 2409
RELIANCE	2893.8	Down		2780- 2836
RENUKA	1012.9	Up	853- 871
RNRL	169	Up	163- 167
ROLTA	695	Down		694- 708
RPL	219.2	Down		214- 218
S.KUMARS NAT	155	Up	151- 154
SASKEN	331.4	Up	299- 305
SATYAM COMP	447	Down		429- 437
SESA GOA LTD	3675	Up	3560- 3632
SHIPP.CORPN.	295	Up	254- 259
SHREE CEMENT	1351	Down		1398- 1426
SIEMENS	1892	Down		1867- 1905
SOBHA	890	Up	884- 902
SRF LTD.	179.6	Up	170- 173
STATE BANK	2390	Up	2294- 2341
STEEL AUTHOR	273.4	Up	264- 269
STER EQ	1039	Up	996- 1016
STER OPTICAL	371.6	Up	320- 327
STERLING BIO	177	Up	163- 166
STRIDES ARCO	282.3	Up	279- 284
SUN PHARMA.	1176	Up	1123- 1146
SUNTV	403.9	Up	372- 379
SUZLON	1930	Down		1891- 1929
SYNDICATE BK	111.05	Up	107- 109
TATA CHEM	403	Up	361- 368
TATA POWER	1370	Up	1263- 1288
TATA TEA	887.7	Up	847- 864
TATAMOTORSEQ	736.95	Down		727- 742
TATASTEEL	909.35	Up	840- 857
TCS EQ	1112	Up	1029- 1050
TECHM	1135	Up	1108- 1131
TITAN IND.	1507	Down		1495- 1525
TRIVENI	180	Up	160- 163
TTML EQ	58.95	Up	54- 55
TULIP	1110	Up	939- 958
TVS MOTOR	70.15	Up	68- 69
ULTRACEMCOEQ	971	Down		978- 998
UNION BANK	203	Up	190- 194
UNIPHOS EQ	342	Up	344- 351
UNITECH LTD	465.25	Up	428- 437
VIDESH SANCH	734	Up	634- 647
VIJAYA BANK	82.35	Up	81- 82
VOLTAS	240.1	Up	234- 239
WELGUJ	445.75	Up	422- 431
WIPRO	545.9	Up	491- 501
WOCKHARD LTD	400.2	Up	401- 409
WWIL	91.4	Up	79- 81
YESBANK	250	Up	237- 242
ZEEL	316	Up	305- 311