Bull's Eye: Buy Kingfisher, Wipro; sell SAIL, Dish TV

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Bull's Eye: Buy Kingfisher, Wipro; sell SAIL, Dish TV

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, 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 Kingfisher Airlines with a stop loss of Rs 22 and a target of Rs 25. Although we are bearish on the entire airline sector as such Kingfisher being one of them but for intraday we think that today there would be a positive bias on this stock because of de-freezing of bank accounts which after the part payment with the company has been done. Moreover, the company has promised to clear all the dues by 2012 for service tax. Thirdly, softness in crude oil prices which we witnessed yesterday night also going to be having a positive effect on this.

One can buy Autoline Industries with a stop loss of Rs 90 and a target of Rs 115. This company is basically an auto ancillary company, which caters to domestic as well as international players. The company has recently tied up with Tata Motors for the Dharwad Plant, which they are going to start supply from next year onwards. They have a huge land bank of around Rs 110 crore which the management plans to monetize in two tranches in order to reduce their debt. The debt window standing in excess of Rs 200 crore by September 2011 if reduced would help in improving margins.

One can buy Ipca Labs this with a stop loss of Rs 257 and a target of Rs 280. They have recently taken a company in Indonesia and a facility is going to be approved by FDA which is going to add to the bottom-line. This facility is in Indore which is going to be approved by FDA. They are one of the largest API players in the world with special focus on anti-malarial and rheumatoid arthritis products. On fundamental side and on the valuation parameters also this company looks extremely good.

One can sell Chambal Fertiliser with a stop loss of Rs 85 and a target of Rs 73. The numbers have been quite subdued because of losses in shipping and textile division. They have withdrawn their plan to demerge their shipping division because of unfavorable resolutions from their lenders. The concerns over shipping industry remain and moreover with urea policy being delayed, we think the stock is going to be under pressure for quite sometime.