Bull's Eye: Buy Geometric, ICICI Bank; short Educomp

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Bull's Eye: Buy Geometric, ICICI Bank; short Educomp

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, Rajesh Agarwal of Eastern Financiers, Aashish Tater of Fort Share Broking and Rakesh Gandhi of LKP battle it out for top honours.

Below their top stock picks and analysis:

Rajesh Agarwal of Eastern Financiers

One can buy Advanta India with a stop loss of Rs 308 and at a target of Rs 343. The numbers have been quite impressive in the last quarter and they have reported around 38% jump in consolidated PAT and we expect the company to do well in the coming few quarters.

Geometric is specialist in the domain of engineering solution, services and technology. They reported strong set of numbers in the September quarter and they are going to launch a new a Computer-aided manufacturing (CAM) package, which is at an affordable price and going to add to the bottomline immensely. We think the valuations are quite attractive. One can buy this for a intraday target of Rs 56 and with a stop loss of Rs 49.

One can buy A2Z Maintenance with a stop loss of Rs 119 and a target of Rs 132. The company has a number of subsidiaries, which it operates in various projects, infrastructure, power and waste management. On a valuation parameters, trading a PE of less than 7, which is quite attractive considering the fact that the company is in the kind of business, which is quite attractive at this point of time.

One can buy Opto Circuits with a stop loss of Rs 195 and target of Rs 212 for intraday. This company is a fast growing medical device company, which is basically into ECG products and Automated External Defibrillator (AED) devices. They are launching affordable ECG products for domestic market, which is going to be a big hit. Apart from this they are launching some new products in European markets. They are trying to rope in an strategic investor, which will be a big booster for the balance sheet. Looking into the kind of medical equipments market with a growth affordable hospitalization and mediclaim, we think this company is going to benefit immensely.