Bull's Eye: Buy Shasun Pharma, Tech Mahindra, JK Tyre

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

This week, Sharmila Joshi of Fairwealth Securities, Nooresh Merani, AMSEC Research and Ashish Tater of Fort Share Broking battle it out for top honours.

Below their top stock picks and analysis:

Sharmila Joshi, Fairwealth Securities

I start by buying Shasun Pharma . This I buy with a target of Rs 143 and a stop loss at Rs 137. This stock has done exceedingly well for itself in the last 8 or 9 months, but I think this is on the back of a very good set of numbers that we have seen and are likely to see getting played out in the coming year. So I would buy this stock and keep it, but for the day I buy it with a target of Rs 143.

Buy Mangalore Chemicals with a target of Rs 53 and a stop loss at Rs 50.50. We are likely to see a solution to the debt issues of the UB Group and the sell of 30% equity that it holds in Mangalore Chemicals is imminent. We are hearing of some suitors who were doing the rounds. So once that is done I would expect a further pop on the stock, but for the day I would buy it with a target of Rs 53.

Buy Tata Global Beverage with a target of Rs 125 and a stop loss at Rs 120. This is a stock that I am buying ahead of its numbers. I am expecting to see a good set of numbers from Tata Global. We have already seen a very good set of numbers from Tata Coffee. This leads me to believe that Tata Global will also show a good performance in this quarter. So this is a stock that I buy with a target of Rs 125.

Buy GMR Infra with a target of Rs 25.75 and a stop loss at Rs 24.50. Once again a stock that I am buying ahead of numbers. I am expecting an improved performance from GMR Infra. Also I wanted to have an infra exposure given the fact that presidential elections are now out of the way and we are likely to see a step up in some policy action from next week onwards and infra stocks would stand to benefit from that. So this is a stock that I buy with a target of Rs 25.75.