Nov 19, 2012, 08.21 AM | Source: CNBC-TV18
As the market enters into another volatile week, here are some of cherry picked stocks by SP Tulsian of sptulsian.com.
SP Tulsian (more)
CEO, sptulsian.com | Capital Expertise: Equity - Fundamental ,IPO
Here is an edited transcript of his comments.
Q: If you had to give us just a couple of ideas either on the long side or on the short side what stocks would you pick up for the following week?
A: On the short side all the stocks where one can go short on are the PSU banking. So, I won’t be taking them as a stock idea. One can go short on Bank of Baroda , Bank of India , PNB , SBI , Vijaya Bank , Dena Bank and UCO Bank . So, I am not taking them more as a stock idea, but just taking a contrarian call. After the kind of corrections which we have seen in the cement stocks, it seems to have bottomed out and the renewed interest may come back. That is the reason, I have chosen India Cement which has already corrected post its Q2 numbers.
Also read: Tulsian's top stocks to book profits
Coming specifically on the pharma sector which is perceived as the defensive sector, I have chosen Shasun Pharma seem to be a quite good stock in that space.
Third going into the infrastructure space or may be the power generation, CESC looks as an interesting idea, again as a buy. After the company having acquired the Firstsource Solution (FSL) we have seen the stock hugely taken a beating and has corrected to Rs 280 or so. In fact lost of shorts have seen built up in the counter. That is now seen getting covered coupled with the renewed buying interest coming back into the stock. So, that looks again a good idea to go long.
Fourth stock which I have chosen is Hathway , going on the digitisation move having implemented in the four metros. That again can be a buy with a longer horizon of may be about one month or so. So, these are the four buy ideas coupled with the shorts. As I said one can go and short on all the PSU banking stocks.
Buy Bank of Baroda, Tata Motors: Nooresh Merani
Nooresh Merani of Asian Market Securities is of th
In talks with BoB, PNB and BoI for refinance: Mudra Bank, CEO
In an interview with CNBC-TV18, Jiji Mammen, CEO o
Bank of Baroda's Q3 results on Feb 13, 2016
Bank of Baroda has informed BSE that a meeting of
Sell BoB; buy ICICI Bank: Rajat Bose
Rajat Bose of rajatkbose.com recommends selling Ba
CBI registers FIR in Rs 374cr fraud at Bank of Baroda
The CBI has registered a case of criminal conspira
Super Six: Top chart picks for January 28
Gaurav Bissa of LKP Securities advises selling Mar
US, India in talks to settle solar power trade dispute
Washington filed the WTO challenge three years ago
Ganon Trading standalone Dec '15 sales at Rs 0.09 crore
Ganon Trading & Finance Company has reported a sal