Bull's Eye: Short ONGC, Tata Motors, DLF; buy BOC India

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

This week, SP Tulsian of sptulsian.com, Aashish Tater of Fort Share Broking and Lancelot D Cunha of Sharyans Wealth Management battle it out for top honours.

Below their top stock picks and analysis:

SP Tulsian of sptulsian.com

My first call for the day is a buy call on Reliance Power with a day target of Rs 137 and stop loss of Rs 126. The buy call on the stock has been given because Samajwadi Party is seemed to be the party leading in UP and likely to form the government and if that happens this is seen quite positive for the stock because the company then can swiftly accelerate the power generation capacity in the near future and hence the value buying is seen in the stock on Saturday and this momentum is likely to continue for the day also hence a buy call.

Second call for the day is a buy call on Fresenius Kabi Oncology with a day target of Rs 166 and stop loss of Rs 154. After the successful delisting of Alfa Laval with huge premium at a PE multiple of 40 plus all the potential delisting candidates are witnessing renewed buying interest ahead of the delisting move to be initiated by all these companies and this company falls in that category because the promoters are holding 90% stake and it is expected that maybe in next couple of months the delisting move is likely to get initiated which is likely to happen at around Rs 200 and hence a positive call.

Third call for the day is again a buy call on BOC India with a day target of Rs 510 with stop loss of Rs 475. This buy recommendation has also been given on the delisting theme as promoters are holding 89.5% stake in the company and company is consistently posting good profit with EPS of close to about Rs 15 which may results in a delisting successful price discovery of close to Rs 550. The process of delisting move is likely to get initiated in next two to three months and hence a buy call.

Fourth and last call for the day is a buy call on Alok Industries with a day target of Rs 23 and stop loss of Rs 20.90. The company is learned to be in the process of selling its real estate for a price of over Rs 2,000 crore which is likely to deleverage the balance sheet of the company to a great extent and if this happens or if this news works out to be true, the share is likely to witness renewed buying interest and indications of this kind of buying has been seen on Saturday by delivery based buying seen in the stock and hence a buy call on the stock.