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Sunday, December 30, 2007

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)

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