Bull's Eye: Short Exide, IDFC; buy Shree Renuka, Lanco

ALSO READ See what other Experts & Brokerages are saying about SAIL See messages about SAIL

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, AK Prabhakar, SP Tulsian and Ashish Kapur battle it out for top honours.

Below their top stock picks and analysis:

AK Prabhakar, Anand Rathi

Buy SAIL with a target of Rs 83 and keep a stoploss at Rs 75.5

Buy call on SAIL. Normally in a bear phase of market, rallies will be very fast and any stock which is beaten down normally sees a very good rally. So we will have SAIL as a first buy with a stop loss of Rs 75.50 and target of Rs 83 and there are chances that if Rs 75.50 on the downside holds, the rally can be very fast even 5-6% or even higher levels of rally can be possible.

Buy Cipla with a target of Rs 350 and keep a stoploss at Rs 326

Buy call on Cipla. The company has been holding well in this weak market and it is moving in a range and that has formed a poll and pennon formation with a Rs 326 as stop loss and target of Rs 350.

Short Exide Industries which is looking weak on charts with a target of Rs 106 and keep a stoploss at Rs 114

Short Canara Bank with a target of Rs 362 and keep a stoploss at Rs 393

Sell call on Canara Bank. Banking stocks are looking weak and looks to correct big time. Almost every banking stock has corrected 50%. Even after this correction these stocks are looking very weak and the stock closed near 24 months low with a stop loss of Rs 393 and target on the lower side Rs 362.

SP Tulsian, sptulsian.com

Buy Orchid Chemicals with a target of Rs 132 and keep a stoploss at Rs 121

Buy call on Orchid Chemical with day target of Rs 132 and stop loss of Rs 121. Buy call has been given because the company has been able to raise USD 100 million to retire it's FCCB which will be seen very positive for the stock and that may lead to huge short coverings because the counter is looking heavily oversold and hence the upside view is taken on the stock.

Buy Shree Renuka Sugars with a target of Rs 27 and keep a stoploss at Rs 24.5

Buy call on Shree Renuka with day target of Rs 27 and stop loss of Rs 24.50. The stock looks to have bottomed out and in fact yesterday we have seen value buying happening in the stock at the lower levels. Again since the stock or counter is heavily oversold we are likely to see the short covering which will lead to an upward rally in the time to come and hence a buy call.

Buy Lanco Infra with a target of Rs 10 and keep a stoploss at Rs 8.8

Buy call on Lanco Infratech with day target of Rs 10 and stop loss of Rs 8.80. The stock is seen heavily oversold and value buying is seen at the lower level because here on the stock is seemed to have bottomed out and not much further downside is likely and yesterday in the second half we have seen fresh buying happening which has resulted into the delivery and hence a positive call on the stock.

Buy Triveni Engineering with a target of Rs 15 and keep a stoploss at Rs 13.5.

Buy call on Triveni Engineering which is a sugar stock based in UP mill with day target of Rs 15 and stop loss of Rs 13.50. The stock looks to have bottomed out and in fact the fall in the sugar prices in the domestic as well as in the global market seem to have arrested and mild upside is seen in the commodity prices in both the markets and hence a positive call on the stock.

Ashish Kapur, Investshoppe

Buy Shree Renuka Sugars with a target of Rs 27.2 and keep a stoploss at Rs 24.7

Buy call on Renuka Sugar. The stock has come down very badly mainly because of very bad results and also because of sugar sector being very weak. However the company's valuation has reached very compelling levels. We saw some buying emerge to take advantage of the loan levels today and even with a very short term perspective even for 1 day I can expect this buying to continue. So for the day we have target of Rs 27.20 with stop loss of Rs 24.7

Buy M&M with a target of Rs 675 and keep a stoploss at Rs 639

Buy call on M&M. M&M is one automobile company which has been doing fairly well though last quarter results were bit subdued but overall the position of this company is fairly robust. So overall this company is likely to do very well and we can take advantage of the low levels to buy. For the day we have a target of Rs 675 with a stop loss of Rs 639.

Buy Yes Bank with a target of Rs 275 and keep a stoploss at Rs 250

Buy call on Yes Bank. This is one bank in the private sector which is growing very well and importantly has very strong asset quality and very low nonperforming assets. This is a good rate to enter for a long term investor and given the short term perspective it has formed over the last couple of days we saw some buying emerge yesterday. So we can take advantage of this. For the day we have a target of Rs 275 with a stop loss of Rs 250.

Short IDFC with a target of Rs 95 and keep a stoploss at Rs 104.5

Short call on IDFC. The company though is well managed faces a lot of risk on it's asset quarter books and we feel that though the long term fundamentals still remain, the short term outlook is quite bleak. So for the day we have a target of Rs 95 with a stop loss of Rs 104.5