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May 28, 2012, 04.19 PM IST
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, SP Tulsian of sptulsian.com, Ashish Kapur of Investshoppe and Saurabh Mittal of Swadeshi Credits.
SP Tulsian, sptulsian.com
Buy Vikas WSP with a day target of Rs 69 and stop loss of Rs 62.50. This company is one of the leading player in Guar and Guar Gum and the FMC which has recently carried out the investigations in the name of this company has not appeared and virtually one can say that they got a clean chit. Apart from that looking to the huge demand company is carrying out the expansion and ahead of the Q4 results on Wednesday the informed buying is seen on the stock and hence a buy call.
Buy Redington with a day target of Rs 86 and stop loss of Rs 79. This is an end-to-end product supply management company for IT and IT products and Q4 results of the company has come out very well with EPS of Rs 2.56 against Rs 7.40 for whole of FY12 on a consolidated basis. This company considering its presence in 22 countries apart from that they have the tie-up with the reputed hardware suppliers the stock looks good at this price and hence a buy call.
Buy call on HDFC Warrants with a day target of Rs 67 and stop loss of Rs 60. One warrant entitles to subscribe one share of HDFC at Rs 600 per share and this window will remain open up to 24th August, 2012 and those who want to convert the shares even can do it now and can get an entitlement for a dividend of Rs 11 as well. Apart from that after the MSCI clarifications, the goof-up created on the stock has come to an end and for last couple of days we have been seeing renewed buying in HDFC shares and hence that positive view on HDFC shares gives a good arbitrage opportunity to buy this warrant instead of shares and hence a buy call.
Sell Suzlon Energy May Future with a day target of Rs 19.50 with a stop loss of Rs 21.10. The company has posted very poor numbers for Q4 with net loss of about Rs 300 crore which was a profit of about Rs 210 crore in the comparable quarter of the previous year. The poor performance has come largely because of the operating profit margin falling to about 3% against 11.5% in the same quarter of the previous year and the stock looks weak for next couple of days and hence a sell call.
Tags: Vikas WSP, Redington, HDFC Warrants, Suzlon Energy , Marico, Cummins India, Berger Paints, Crompton Greaves , Dishman Pharma, Aegis Logistics, Emami, Delta Corp
Jun 19 2013, 16:41
- in FII View
Jun 19 2013, 12:44
- in MARKET OUTLOOK