Bull's Eye: Buy Redington, GAIL; Short Delta Corp

Published on Tue, Oct 25, 2011 at 11:22 |  Source : CNBC-TV18

Updated at Tue, Oct 25, 2011 at 12:48  

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Bull's Eye: Buy Redington, GAIL; Short Delta Corp

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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, Jagannadham Thunuguntla of SMC Global, Sharmila Joshi of Fairwealth Securities and Keval Bhanushali of Keynote Capital battle it out for top honours.

Below their top stock picks and analysis:

Jagannadham Thunuguntla of SMC Global

Titan has day target of Rs 234 on the back of festive season and healthy results.

Tata Motors has day target price of Rs 192 as the company could able to generate healthy numbers after the Maruti's unrest.

Gitanjali Gems has day target of Rs 381 on the background of ongoing festive season.

One can short Delta Corp with a day target of Rs 87 on the back of disappointing quarterly results.


Sharmila Joshi of Fairwealth Securities

Buy Redington with a target of Rs 96 and stop loss at Rs 92.

Buy V-Guard with a target of Rs 222 and stop loss at Rs 213.

Buy GAIL with a target of Rs 435 and stoploss at Rs 421.

Buy Indian Hotel with a target of Rs 71 and stoploss at Rs 67.80.

 

Keval Bhanushali of Keynote Capitals

Buy Titan Industries .

Buy Mahindra & Mahindra .

Gitanjali Gems has target of Rs 390 for the day.

Escorts has target of Rs 85.

  

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