Indian Stock Market Tips for January 17, 2008

• Future: BUY POWGRI (POWER GRID) JAN FUTURES CMP 142.15 Target 148 and 151 StopLoss 138.1
• Future: BUY BOMDYE (BOMBAY DYEING) JAN FUTURES CMP 938 Target 970 and 990 StopLoss 910
• Future: BUY STABAN (SBI) JAN FUTURES CMP 2443 Target 2480 and 2510 StopLoss 2415.1
• Book Partial Profit: BHEL JAN FUTURES at 2681
• Future: BUY WELGUJ (WELSPUN GUJARAT) JAN FUTURES CMP 517.5 Target 527 and 533 StopLoss 512.1
• Exit: INFTEC (INFOSYS TECHNOLOGY) at 1509
• Exit: SAIL at 249 Margin: BUY LANINF (LANCO INFRATECH) CMP 714.8 Target 735 and 748 StopLoss 701.1
• Margin: BUY INFTEC (INFOSYS TECHNOLOGY) CMP 1520 Target 1545 and 1560 StopLoss 1495.1
• Future: BUY BHEL JAN FUTURES CMP 2362 Target 2390 and 2420 StopLoss 2345.1
• Margin: BUY SAIL CMP 249.1 Target 254 and 258 StopLoss 246.1
• Margin: BUY NTPC CMP 262 Target 267 and 271 StopLoss 257.1
• Margin: BUY APOTYR (APOLLO TYRES) CMP 56 Target 58.8 and 60 StopLoss 54.1
• Exit: NIFTY JAN FUTURES at 5900
• Margin: BUY IDFC CMP 224.5 Target 229.5 and 233 StopLoss 221.1
• Future: BUY NIFTY JAN FUTURES CMP 5926 Target 5950 and 5975 StopLoss 5895
• Nifty Support at 5850 and resistance at 5984 Spot.
• Margin: BUY BANIND (BANK OF INDIA) CMP 451 Target 458 and 463 StopLoss 446.1
• Margin: BUY RENSUG (RENUKA SUGAR) CMP 1242 Target 1275 and 1295 StopLoss 1225.1
• Margin: BUY BAJHIN (BAJAJ HINDUSTAN) CMP 321.5 Target 329 and 334 StopLoss 316.1