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Mar 23, 2012, 01.23 PM IST
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, SP Tulsian of sptulsian.com, Ashish Tater of Fort Share Broking and Saurabh Mittal of Swadeshi Credits battle it out for top honours.
Below their top stock picks and analysis:
SP Tulsian of sptulsian.com
Buy call on Inox Leisure with a day target of Rs 55 and stop loss of Rs 49. The company has increased its stake recently in Fame India to about 68.35% and the share price of Fame India in last one week has risen by 40% while the share price of this company has remained practically stagnant in this last one week. If you see the present market cap of Inox Leisure it is at about Rs 310 crore while the 68% stake in Fame India is currently valued at Rs 265 crore. So this leaves a good room for upside in the time to come.
Buy Thermax with a day target of Rs 495 and stop loss of Rs 474. This capital goods company is totally debt free and FY12 EPS is likely to be seen at Rs 32 and for last couple of days we have been seeing delivery based informed buying and hence a positive call on the stock.
Buy IVRCL with a day target of Rs 58 and stop loss of Rs 55.50. The company is progressing well for merger of its subsidiary IVRCL assets and for last 2-3 months the company has been seeing good order flow which is expected to result into the better working ahead due to which the delivered based and informed buying is seen in the stock for last one week or so and hence a buy call.
Sell TTK Prestige with a day target of Rs 2930 and stop loss of Rs 3052. The company yesterday in the late communication has reported to the exchanges that Phillips is not likely to acquire any stake in the company and in anticipation of this news the share has risen in this last two days. So the profit booking or liquidation of long positions is likely which can make the stocks to rule weak and hence a sell call.
Disclosure: I have a holding in Thermax. Stocks discussed may have been recommended to clients.
Tags: SP Tulsian of sptulsian.com, Aashish Tater of Fort Share Broking, Saurabh Mittal of Swadeshi Credits, Inox Leisure, Thermax, IVRCL, TTK Prestige, JSW Energy, JSW Steel, JSPL, Essar Ports, Mahindra Satyam, Godrej Cons, RIL, IDFC
Action in INOX Leisure
Jun 17 2013, 22:16
- in MARKET OUTLOOK
Jun 17 2013, 22:17
- in MARKET OUTLOOK