Bull's Eye: Short Kingfisher, RCom; buy GMDC, United Phosp

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Bull's Eye: Short Kingfisher, RCom; buy GMDC, United Phosp

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.

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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, Jagannadham Thununguntla, SMC Global, Nooresh Merani of AMSEC and Madhumita Ghosh of UNICON battle it out for top honours.

Below their top stock picks and analysis:

Jagannadham Thununguntla of SMC Global

First pick for the day is sell Kingfisher on the back of the Service Tax Department freezing the bank account should not go well with the market and this can be quite a big embarrassment for the company. It has to find some way out of all this liquidity related issues otherwise the stock may remain under pressure. The stock is selected on the short side with the day target price of Rs 24.20.

Second pick for the day is Jet Airways on the short side with a day target price of Rs 245.10 on the back of continued problems for the aviation industry and lack of clarity on the FDI in aviation sector. Especially after the rollback of the FDI in the retail sector gives a signal that probably FDI in aviation is not as easy as originally anticipated. The Jet Airways stock can remain under pressure. The stock is selected with a day target price of Rs 245.10.

Third pick for the day is sell Crompton Greaves with a day target price of Rs 127.10. The ongoing problems of the stocks can put the upsides on the cap. The market share is under pressure, the profitability is under pressure, lot of concerns of the management in terms of its future vision. The market is finding it very tough to accept this new reality of the profitability. The stock is selected with a day target price of Rs 127.10 on the short side.

Fourth pick for the day is buy United Phosphorous with a day target price of Rs 139.40. The stock can see some action.