Indian Stock Market Tips for December 20, 2007

Pick of the Week: Buy Cinamax India CMP Rs 150. Target Rs 180. Potential upside 20%. Time frame 6 months.

• EXIT ITC BULL CALL SPREAD : SELL DEC. 200 CALL AT 3.95 AND BUY DEC. 210 CALL AT 1.35.
• EXIT NIFTY LONG STRANGLE. SELL DEC. 6100 CALL AT 4.65 AND SELL DEC. 5800 PUT AT 73.40.
• Margin :BUY CHAFER (CHAMBAL FERTILIZER) CMP 83.5 Target 87.5 and 89 StopLoss 81.1
• Margin :BUY JINVIJ (JSW STEEL) CMP 1255 Target 1270 and 1284 StopLoss 1247.1
• Margin :BUY DLFLIM (DLF LTD) CMP 979.5 Target 992 and 998 StopLoss 973.1
• Margin :BUY BSES (RELIANCE ENERGY) CMP 1921 Target 1945 and 1960 StopLoss 1905.1
• Margin :BUY DENBAN (DENA BANK) CMP 82.1 Target 84.5 and 85.8 StopLoss 80.1
• Margin :BUY STABAN (SBI) CMP 2272 Target 2295 and 2310 StopLoss 2255.1
• Margin :BUY JAIASS (JP ASSOCIATES) CMP 406.25 Target 415 and 419 StopLoss 401.1
• EXIT SHORT POSITIONS IN IDBI AT 156.50
• Margin :BUY SATCOM (SATYAM COMPUTER) CMP 419.25 Target 426 and 431 StopLoss 415.1
• Margin :BUY RELIND (RELIANCE INDS) CMP 2723 Target 2743 and 2755 StopLoss 2712.1
• Margin :BUY INDBA (INDUSIND BANK) CMP 125 Target 129 and 132 StopLoss 121.1
• Margin :SELL IDBI CMP 156 Target 151.1 and 148 StopLoss 159.1
• Margin :BUY BALCHI (BALRAMPUR CHINNI) CMP 112 Target 115 and 117 StopLoss 110.1