Bull's Eye: Buy Educomp, Oil India; short Escorts

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Bull's Eye: Buy Educomp, Oil India; short Escorts

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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Excerpts from Markets Midday on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about Oil India See messages about Oil India

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, Rajesh Agarwal of Eastern Financiers and Pankaj Jain of Sunteck Wealthmax battle it out for top honours.

Below their top stock picks and analysis:

Aashish Tater of Fort Share Broking

I am going to go long on Anant Raj Industries . If I see a technical pattern, the stock has been making higher highs consistently and has closed at monthly highs. So we feel the stock can go and test Rs 72 odd mark in days to come.

We would like to go short on Tata Steel for one simple reason, there could be a possibility that Europe might go ahead with the coking coal tax, which would reduce the competency of Tata Steel as a group because of Corus and we do not expect good numbers from Corus, so on consolidated basis this company would still be struggling. Indian operations for the company look very attractive but because of Corus inclusion this is one stock which we see should be avoided. Target for the day is Rs 428 odd mark.

Arshiya International is a long from my side. I am going long on portfolio bet from our side, Arshiya International for an intraday target of close to Rs 168 odd mark. The basic idea is you should be accumulating this particular stock on every dip from a longer term horizon because this is one stock which is having a unique business model available at a very decent valuation. So the stock can get re-rated and can go and test Rs 250-300 from 1.5 to 2 years perspective.

I am going long on Oil India for an intraday target of close to Rs 1350. We feel the stock has made a beautiful pattern technically and the stock should go and test Rs 1,350 in days to come. However, one who is entering the trade should keep a stoploss of close to Rs 1,200 on closing basis. We feel Rs 1,350 is highly achievable in days to come.