Indian Stock Market Tips for December 28, 2007

Pick of the Week: Buy Murdeshwar Ceramics Ltd (MURCER) CMP Rs 121. Target Rs 145. Potential upside 20%. Time frame 6 months.

• Margin: BUY EDECAP (EDELWEISS CAPITAL) CMP 1475 Target 1495 and 1510 StopLoss 1465.1
• Future: BUY ARVMIL (ARVIND MILLS) JAN FUTURES CMP 89.7 Target 93 and 96 StopLoss 86.1
• Delivery: BUY ITI (ITI LTD) CMP 68 Target 79 and 85 StopLoss 62.1
• Margin: BUY JAIHYD (J.P. HYDRO) CMP 133.9 Target 138 and 141 StopLoss 131.1
• Book Partial Profit HOTLEE (HOTEL LEELA) at 71.5
• Margin: BUY BHAPET (BPCL) CMP 473 Target 486 and 493 StopLoss 467.1
• NIFTY HEDGING STRATEGY: BUY JAN 6000 PUT @ 148 AND SELL TWO LOTS JAN 5800 PUT @ 95
• NAGARFERT BULL SPREAD: BUY JAN 80 CALL @ 6.40 & SELL JAN 90 CALL @ 3
• Future: BUY HINPET (HPCL) JAN FUTURES CMP 344.8 Target 355 and 363 StopLoss 338.1
• Margin: BUY LANINF (LITL) CMP 825 Target 850 and 865 StopLoss 805.1
• Exit: RELCAP (RELIANCE CAPITAL) at 2628
• Margin: BUY HOTLEE (HOTEL LEELA) CMP 69.5 Target 73 and 75 StopLoss 67.1
• Margin: BUY TISCO (TATA STEEL) CMP 916 Target 927 and 933 StopLoss 911.1
• Margin: BUY RELNAT (RNRL) CMP 172.25 Target 176 and 179 StopLoss 168.1
• Margin: BUY BALCHI (BALRAMPUR CHINNI) CMP 118.1 Target 122 and 125 StopLoss 116.1
• Margin: BUY RELCAP (RELIANCE CAPITAL) CMP 2635 Target 2675 and 2695 StopLoss 2610.1
• Margin: BUY RELIND (RELIANCE INDS) CMP 2918 Target 2945 and 2960 StopLoss 2902.1
• Margin: BUY INDOIL (INDIAN OIL) CMP 716 Target 727 and 733 StopLoss 709.1