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Bull's Eye: What's hot on the charts, and what's not
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.
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, Rakesh Gandhi of LKP, Siddhartha Chatterjee of Trustline Securities and Ashish Kapur of Investshoppe battle it out for top honours.
Below their top stock picks and analysis:
Rakesh Gandhi of LKP
GMR Infra remains continuously bearish and has also closed on a bearish level. It can be sold for a target of Rs 25 with a stop loss of Rs 26.10.
Tata Steel has broken below rising channel formation and can be sold for a target of Rs 434 with a stop loss of Rs 453.
Ranbaxy has broken out of rising wage formation and can be sold for a target of Rs 461 with a stop loss of Rs 480.
Hindalco has closed below short trading range and can be sold for intraday for a target of Rs 131 with a stop loss of Rs 136.5.
