Bull's Eye, the popular game show on CNBC-TV18, offer investors a chance to have a look at the stocks that can be added to their portfolio. In today's game, Independent Market Strategist Rajesh Jain, Aunali Rupani of Arm Research, Sharmila Joshi of Fairwealth Securities and Jagannadham Thununguntla of SMC Global place their respective bets in four stocks each. Investors can read into the detailed analysis made by these experts before agreeing to any or all the bets. Below are the stocks and their analysis:
Hold GNFC with a target of Rs 104.50. Buy PTC India with a target price of Rs 86. Buy PSL with a price target of Rs 76. Hold Gulf Oil Corporation with a target of Rs 90.50.
Sharmila Joshi, Head of Equities, Fairwealth Securities
Buy Chennai Petroleum with a target price of Rs 236 and keep a stoploss at Rs 227.50. Buy Manappuram General Finance with a target of Rs 123 and keep a stoploss at Rs 118.50 Buy Onmobile Global with a target price of Rs 128 and keep a stoploss at Rs 114.50 Buy Amtek Auto with a target of Rs 177.50 and keep a stoploss at Rs 170.50.
Jagannadam Thununguntla, Head of Research, SMC Global Securities
First pick for the day is TCS , a stable IT company play considering the current market conditions. It is a defensive bet with a target price of Rs 1205.
Second stock for the day is Crompton Greaves - again a stable bet with a target price of Rs 273.
Third stock for the day is Yes Bank as the banks got battered after the credit policy. There is a chance that some of these banks may find a technical bounce with a target price of Rs 310.
Fourth stock for the day is Power Finance . After the FPO the share seriously came down and the chances that there will be some bounces in the stock. Buy with a target price of Rs 209 for the day.
