STOCKS TO WATCH

SINTEX, TATAPOWER, L&T, BHARTI

JSW Energy Limited

LTP 54.10  Buy on dips for short term

BALLARPUR INDUSTRIES LTD

LTP 27.50, Buy on dips

Orchid Chemicals & Pharmaceuticals Limited

BUY ON DIPS .........Orchid Chemicals & Pharmaceuticals (ORCHIDCHEM) is a Chennai-based pharmaceuticals (bulk drugs) company. With exports spanning more than 75 countries, it is the largest manufacturer-exporter of cephalosporin bulk actives in India and is ranked amongst the top five cephalosporin producers globally. The company was incorporated on July 1, 1992 and obtained the certificate for commencement of business on Oct. 15. Orchid`s antibiotics portfolio includes cephalosporins, high-end betalactams, monobactams and carbapenems. Its non-antibiotic product portfolio covers drugs in central nervous system, cardiovascular, gastro-intestinal, pain management and osteoporosis therapeutic categories, ..etc. Orchid has two manufacturing sites for APIs and three manufacturing sites for dosage forms besides two R&D centers. In 1994, it entered into an agreement with SBD Laboratories, Italy for technology to keep production in sterile condition. In 1998, it entered into the formulation market. The Drug Controller of India granted a licence to Cipla and Orchid Pharmaceuticals & Chemicals to export sildenafil citrate, the bulk drug that goes into Pfizer`s patented anti-impotence pill Viagra. In 2000, it entered into a joint venture with the UK-based Cambridge Chemicals to distribute its nutraceutical products in that country.

RELIANCE COMMUNICATIONS Limited

Buy on dips LTP 86.45

Exide Industries Limited

Buy on dips

Infrastructure Development Finance Company Limited ( IDFC )

CMP 124.50, buy for short term gains

Hindustan Oil Exploration Company Limited

LTP 155.30 BUY ON DIPS AND ACCUMULATE MORE ON FURTHER DIPS

Zee Entertainment Enterprises Limited

LTP 127.35 buy on dips

OnMobile Global Limited

LTP 99.20 BUY ON DIPS

Educomp Solutions Limited

LTP 388.25 BUY ON DIPS

IFCI Limited

LTP 46.45 BUY ON DIPS

stock to watch - DLF Limited

LTP 220.65, BUY ON DIPS

Jaiprakash Associates Limited

Buy on dips LTP 75.90

LIC Housing Finance Limited

Buy on dips around 210.