Bull's Eye: Pick Tata Motors, Yes Bank; short Ranbaxy

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

This week, Ashish Kapur of Investshoppe, Lancelot D'Cunha of Sharvans Wealth Mgmt and Madhumita Ghosh of UNICON battle it out for top honours.

Below their top stock picks and analysis:

Ashish Kapur, Investshoppe

My first call for the day is a long position on Patel Engineering . This is one engineering stock where the results are still pretty fine. This company is likely to go to escape this slowdown with a very limited downside of it. The company also has lot of advantages in terms of the urban technology which they employ. They also had real estate vision and they are likely to start booking revenues from the real estate division quite soon. Overall the company is available at a very decent valuation. For the day though we have a target at Rs 93 with a stop loss at Rs 85.

My second call for the day is a long position on Tata Motors . This is one company where the growth is happening very strong. Their national operations are really helping there. Even when the markets were on a weak note last month this is one stock which held out very well. With some kind of a pullback coming back to the market we can expect momentum to pick up in this stock. For the day we have a target at Rs 215 and a stop loss at Rs 198.

My third call for the day is a long position on Bharat Forge with a stop loss at Rs 271 with a target at Rs 310. This is one company where the export revenues are helping them to stay afloat, so their diversification into the non automotive business as well as their export focus is really helping this company to stay afloat. We expect momentum to come to this stock in the near future and therefore for the day we have a target at Rs 310 with a stop loss at Rs 271.

Final call for the day is a long position on Crompton Greaves . This is fundamentally quite a good company but last few quarters they have faced a huge pressure both on the revenue as well as the margin front. Due to this the stock has fallen a lot. In fact it has more than half of what it was trading a year back. We think that it is a very good time to accumulate Crompton for long term investor and with the market being in a pullback rally we expect some momentum to come into this stock in the near future. For the day we have a target at Rs 140 with a stop loss at Rs 127.