Bulls Eye: Buy Ashok Leyland, Future Capital, Aptech

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.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Travelcafe
moneycontrol.com

Home » News » Stocks Views

May 03, 2012, 02.12 PM | Source: CNBC-TV18

Bull's Eye: Buy Ashok Leyland, Future Capital, Aptech

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.

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

Bulls Eye: Buy Ashok Leyland, Future Capital, Aptech

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 Comments

Share Cancel

Bulls Eye: Buy Ashok Leyland, Future Capital, Aptech
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, Vishal Jajoo Of Nirmal Bang and Sharmila Joshi of Fairwealth Securities battle it out for top honours.

SP Tulsian, sptulsian.com

Buy KPIT Cummins with a day target of Rs 110 and stop loss of Rs 100. The positive call on the stock was given yesterday also and the management having hinted a growth of 30-35% in FY13 is likely to see the positive momentum continuing for the stock and hence a buy call.”

Buy Indraprastha Gas (IGL) with a day target of Rs 244 and stop loss of Rs 218. The hearing in Delhi High Court against the PNGRB (Petroleum and Natural Gas Regulatory Board) order is likely to be heard today and if Delhi High Court stays the retrospective demand of the PNGRB order that will be seen quite positive by the market and share is likely to witness renewed buying coupled with short covering.

Buy Sonata Software with a day target of Rs 22 and stop loss of Rs 19.70. The informed buying is seen in the stock ahead of its Q4 numbers which are likely to be considered very soon and apart from that this company having top-line of close to Rs 2,000 crore and share ruling at 50% of its book value is seen as a value buying by the informed circle.

Short Ashok Leyland with a day target of Rs 29 and stop loss of Rs 31.10. All the auto stocks have been showing weak trend because of the dull April sales number having posted by various automakers. Ashok Leyland is also likely to post the dull April sales number. Apart from that the share is ruling at a PE multiple of Rs 15 which is seen quite expensive when compared with Tata Motors and hence profit booking coupled with short covering is likely to be seen in the stock and hence a negative call.

1 2 3

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Bulls Eye: Buy Ashok Leyland, Future Capital, Aptech

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login