May 10, 2012, 12.46 PM IST

Bull's Eye: Short United Spirit, Rolta; buy BHEL, Axis Bank

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, Aashish Tater of Fort Share Broking, Nooresh Merani of AMSEC Research and Pankaj Jain of Sunteck Wealthmax battle it out for top honours.


Aashish Tater, Fort Share Broking


Buy Bharati Shipyard with a target of Rs 77and keep a stoploss at Rs 65.65


I am going long on Bharati Shipyard for a target of Rs 77. We feel this particular stock had to see the worst in 2012 and we feel the worst is almost over for the stock. Thus on risk reward front from next one-two year perspective this is one stock which can be looked from a portfolio bet. Thus on a longer term we have a very aggressive target but target for today is Rs 77.


Buy Apollo Tyres with a target of Rs 87 and keep a stoploss at Rs 84


Buy Apollo Tyres for target close to Rs 87. Tyre result has to be good across the sector and we feel in today’s trade with Apollo coming up with its result the stock should outperform the indices. Thus on risk reward front this is one stock which can be looked on from short term perspective for a target close to Rs 90. However I am going long for this particular stock with a stop of around Rs 84 and target of Rs 87 for intraday.


Go long on Tilaknagar Industries with a target of Rs 59 and keep a stoploss at Rs 56


I am going long on Tilaknagar Industries for a target of Rs 59. We feel Tilaknagar could be one interesting bet from next 6 to 8 months perspective where we have upgraded the stock for a target of close to above Rs 80. Thus a portfolio bet from our side.


Short Reliance Capital at around Rs 286.5 with a stoploss at Rs 295.5


I am going to short Reliance Capital for a target of Rs 286.50 with a closing stop of around Rs 295.50. This is one stock which has been going weak. We feel there is further weakness that can be seen even in today’s trade.


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