Indian Stock Market Tips for January 4, 2008

Pick of the Week: Buy Shreyas Shipping & Logistic (SHRSHI) CMP Rs 130. Target Rs 156. Potential upside 20%. Time frame 6 months.

• Margin: BUY IDBI CMP 178.5 Target 183 and 186.8 StopLoss 175.1
• Margin: BUY POWGRI (POWER GRID) CMP 154.8 Target 158.9 and 161 StopLoss 152.1
• Margin: BUY RELPET (RPL) CMP 239.25 Target 245 and 248 StopLoss 236.1
• Margin: BUY ONGC CMP 1327.5 Target 1350 and 1372 StopLoss 1305.1
• Margin: BUY RELNAT (RNRL) CMP 206.25 Target 213 and 216 StopLoss 203.1
• Margin: BUY RELIND (RELIANCE INDS) CMP 2920 Target 2945 and 2960 StopLoss 2902.1