Bull's Eye: 12 buying ideas for the day

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Bull's Eye: 12 buying ideas for the day

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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Excerpts from Markets Midday on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about VIP Industries See messages about VIP Industries

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, Sharmila Joshi of Fairwealth Securities, Rakesh Gandhi of LKP and Vishal Jajoo of Nirmal Bang battle it out for top honours.

Below their top stock picks and analysis:

Sharmila Joshi of Fairwealth Securities

Buy VIP Industries with a target of Rs 114 and a stop loss at Rs 108. We are seeing good recovery in the momentum midcap space and VIP Industries is a stock I like within that. The stock had almost halved from its high and we are now seeing some good buying return into the stock, so I buy this with a target of Rs 114.

Buy Kotak Mahindra Bank with a target of Rs 486 and a stop loss at Rs 470. Numbers are expected in a couple of days, no negative surprises expected maybe margins will have to be watched but more than that in the whole interest rate sensitive space that is getting the buying largely because of the event coming up on January 24th. So all eyes will be on that and in the meantime we will see banks rally. So Kotak Mahindra Bank is a bank I buy with a target of Rs 486.

The next buy is Power Finance Corporation . This I buy with a target of Rs 167.50 and a stop loss at Rs 162. The kind of news flow that you are getting about power being costlier, I think the direct benefit will come to both REC as well Power Finance Corporation. If indeed power costs go up because the two companies the largely arranging organizing or managing the debt for the entire power space. So Power Finance Corporation is a stock I would buy with a target of Rs 167.50.

The last stock on my list is Jyothy Laboratories . This I buy with a target of Rs 171 and a stop loss at Rs 164. I am quite bullish on the stock especially looking at the kind of numbers that I expect them to do in FY13.