Bull's Eye: 12 stocks that should do well today

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Bull's Eye: 12 stocks that should do well today

CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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.

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CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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, Aashish Tater of Fort Share Broking, Nooresh Merani of AMSEC Research and Abhishek Agarwal of Fortune Interfinance battle it out for top honours.

Below their top stock picks and analysis:

Aashish Tater of Fort Share Broking

We feel the entire offshore companies have given a breakout on charts and we feel this can continue for days to come. We are playing Great Offshore for an intraday target of close to Rs 130 and a medium-term target of close to Rs 144 odd mark. We feel one who is entering from a medium-term perspective should keep a fixed stop loss on closing basis close to Rs 117 and the one who is looking from intraday perspective should keep a stop loss of close to Rs 120 odd mark.

I feel Bharati Shipyard would see some buying interest in days to come. We feel the residual value of this particular stock, which it is trading at mouth-watering level and one who is having a long-term view can enter into this safe bet from a longer term perspective. We feel this stock would be extremely attractive close to that Rs 80-85 odd mark from a longer term perspective. We recommend our portfolio clients to enter from a longer term perspective.

I am buying Aban Offshore for an intraday target of close to Rs 444 with a stop loss of Rs 417. As we feel that there is a kind of breakout on the offshore companies, with a small risk one can enter this particular stock.

Parsvnath Dev has been a strong momentum and it has been achieving our targets and we had been engaging our stop loss. If we look it from a play quant strategy also it has worked very well for us. I am playing with Parsvnath for an intraday target of close to Rs 81 and close to Rs 100 from a medium-term perspective. The company focused on reducing its debt from the balance sheet is the prime factor where we feel that discounting factor that we allow 18% could get re-rated and that's exactly has happened to stocks like Parsvnath, Bombay Dyeing etc.