Bull's Eye: Buy Reliance Infra, Educomp, Titan

Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.

This week, Rakesh Gandhi of LKP, Aashish Tater of Fort Share Broking and Nooresh Merani of AMSEC Research battle it out for top honours.

Rakesh Gandhi, LKP Shares

Buy TTK Prestige . Yesterday the stock has seen a very sharp upmove after a breakout from a falling wedge pattern. The volumes are also very heavy and hourly charts also indicate that momentum has been picking up and hence the stock can be bought for a target of Rs 3050 with a stop loss of Rs 2875.

Buy Reliance Infra , the stock has remained in a tight trading range since last 3 weeks below Rs 480. Yesterday it has moved above that tight trading range and also above Rs 480 with good volumes. Short term charts are indicating that there is further momentum to be seen in the stock and hence can be bought for a target of Rs 505 with stop loss of Rs 474.50.

Buy Rallis India . The stock has been in a sideways kind of move since last 6 months. Yesterday it has moved above its 200 days exponential moving average with good volumes. The stock is also making higher highs and higher lows indicating that it could see higher levels may be up to Rs 150 but for today my intraday target for the stock is Rs 138.5 with a stop loss of Rs 131.80

Short Titan Industries . The stock has broken below its 12 week low and has also broken 200 days exponential moving average and has bounced back above that but failed to remain above that in last two days. When the market was moving up in last 3-4 days it has failed to move in an uptrend. Hence it can be shorted with a stop loss of Rs 217 and a target of Rs 206.

Disclosure: I don't have holdings in any stocks discussed but may have recommended them to clients.