Bull's Eye: Buy Lanco Infra, JSW Energy, Lupin

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, Nooresh Merani of AMSEC Research and Rakesh Gandhi of LKP battle it out for top honours.

Aashish Tater, Fort Share Broking

I am going long on Lanco Infratech for a target close to Rs 15 with a closing stop of around Rs 12.50. We feel this is one stock that would definitely be in limelight in today’s trade. We expect very good momentum in this sector and thus Lanco, GVK all are long from our side.

I am going long on JSW Energy for a target of Rs 48. We feel this particular stock after testing Rs 45.60 in yesterday’s trade. If it crossed that level it would be very interesting to watch because the next hurdle is exactly at Rs 48. If this stock goes above Rs 45.60 it is definite long bet for a target of Rs 48 from next 2-3 days perspective.

I am going long on Power Finance Corporation for a target of Rs 160 with a closing stop of around Rs 149. The stock is very interestingly poised and we feel given the current momentum into the infra stocks even the companies into the finance corporation side would definitely be in limelight. Thus we expect some fireworks in today’s trade from PFC too.

I am going long on Vijaya Bank for a target of Rs 59 and with a closing stock of around Rs 56. This is a technical call from our side. Looking at the way PSU banks, our best bet Allahabad Bank already give 10% return. We feel even smaller banks could actually go and test higher levels. Thus it is a long from our side technically.