Bull's Eye: 12 trading ideas for the day

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Bull's Eye: 12 trading ideas for the day

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.

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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,Aashish Tater of Fort Share Broking, Sanjay Vaid of SBI Cap Securities and Lancelot D'Cunha of Sharyans Wealth Mgmt battle it out for top honours.

Below their top stock picks and analysis:

Aashish Tater of Fort Share Broking

I am shorting Tata Steel for an intraday target of close to Rs 370. We feel Corus would still be a problem and persisting problem as Eurozone debt grims even further. Tata Steel would come out as sheer looser in the metal pack because this was the last stock trending along with Jindal group to show some kind of out performance in the metal stocks. But we feel yesterday's carnage would go even for today's day and we have a medium-term target on this stock close to Rs 344.

Short Tata Motors . We feel this particular stock could eventually go to Rs 148-150 levels and even below in the turmoil conditions. Thus one was looking to short in this stock should short somewhere around Rs 171-172 odd levels from a medium-term stop loss of Rs 180 for the target of Rs 140.

I am shorting TTK Prestige for an intraday target of Rs 2300. But we feel the fair value of the stock is far below than what it is trading at. All these concept stocks have corrected significantly and we feel TTK Prestige could also get corrected as the concept story dies.

Short Reliance Infra for an intraday target of Rs 375. Yesterday's candle down, we feel the stock would still be in some pain. One was looking to open short from a medium-term perspective, should short this stock around Rs 422-430 mark for a target of Rs 360 to 350. We feel the stock is approaching its fair value but technically there would be further pain into the stock.