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Bull's Eye: Buys Coal India, Bharti Airtel, Rel Cap, Ceat
CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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.
CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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, Sharmila Joshi of Fairwealth Securities, Rakesh Gandhi of LKP and Vishal Jajoo of Nirmal Bang battle it out for top honours.
Below their top stock picks and analysis:
Sharmila Joshi of Fairwealth Securities
Given the kind of rubber glut that we are hearing of this will mean that margins for tyre companies will look better going ahead. Ceat had a rocky FY11, let's hope FY12 is better. It is a stock I buy with a target of Rs 91 and a stop loss at Rs 87.20.
Buy Indian Hotels with a target of Rs 64.75 and a stop loss at Rs 62. This on the back of the news that Taj Mansingh dispute looks like it's getting resolved, that's an iconic property for Indian Hotels as well as news that has been there that they are likely to add 2,000 rooms going ahead.
Buy Hathway Cable with a target of Rs 122 and a stop loss at Rs 117. Post digitization both the stocks within that space Den Network as well as Hathway Cable will look very attractive. Once they finish digitizing in all the four metros it will mean huge subscribers for Hathway Cable.
Buy Arvind with a target of Rs 90 and a stop loss at Rs 85.5. Post FDI in single brand retail we have seen a lot of the stocks have a decent run-up.
