Bull's Eye: 12 stock ideas to liven up your trade

66444 Investors following Hindalco. Share this News with them.

0

Like this story, share it with millions of investors on M3

Bull's Eye: 12 stock ideas to liven up your trade

Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

Post your opinion here

 

0

Tweet

Share on Tumblr

ALSO READ See what other Experts & Brokerages are saying about Hindalco See messages about Hindalco

Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.

This week, SP Tulsian of sptulsian.com, Sharmila Joshi of Fairwealth Securities and Keval Bhanushali of Keynote Capitals battle it out for top honours.

Below their top stock picks and analysis:

SP Tulsian of sptulsian.com

Buy Hindalco with a day target of Rs 130 with stop loss of Rs 120. The 50 basis point cut by the Chinese Bank is seen positive overall for the metal sector and this stock we have been seeing under accumulation since Monday and that indicates that positive news building up on the stock and hence a buy call.

Buy Hindustan Zinc with day target of Rs 127 with stop loss of Rs 117. The buy call again has been given for the same reason as stated in Hindalco. Because the delivery based buying is seen in the stock for the last three or four days and the stock has already moved by about 5-6% in these last days.

Sell HDIL with day target of Rs 57 and stop loss of Rs 62.50. Yesterday we have seen huge delivery based selling, which has happened largely because of the stock having excluded from the Morgan Stanley index and also because of the negative perception on all the realty stocks specially based in Mumbai which has large projects and having huge debts. Going by the fundamentals and financials even this company has huge debt of close to Rs 4,000 crore and very clear off take has been seen of its properties under development and the same trend is likely to continue.

Sell Triveni Engineering with day target of Rs 12 with stop loss of Rs 14. This is largely because of all the UP sugar based mills are finding it difficult for the season going ahead because of the higher SAP having announced by the state government. This stock has been seeing delivery based selling for last three days post the announcements of the results by the company for quarter ended and year ended 30th September, 2011 which has seemed to be quite dull and going ahead the same negative perception is likely to continue on the fundamental as well as the perception for the industry and for the sector.