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Bull's Eye: Buy BHEL, SBI, Delta Corp; short Tata Steel
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.
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
We feel India Glycol could go and test a medium term target of close to Rs 180 with a fixed stop loss of Rs 111 as the company is expected to do an EPS of close to Rs 40.
We are shorting Tata Steel for an intraday target of Rs 370. The rational behind shorting steel stocks is that we feel there is still some pain left into the metal pack and this is a perfect short from our end.
We are shorting Reliance Infra for an intraday target of Rs 375.
