Bull's Eye: Buy Mahidra Satyam, Ceat, Dena Bank, GSPL

5025 Investors following Anant Raj Ind. Share this News with them.

0

Like this story, share it with millions of investors on M3

Bull's Eye: Buy Mahidra Satyam, Ceat, Dena Bank, GSPL

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.

Post your opinion here

 

0

Tweet

Share on Tumblr

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

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, Keval Bhanushali of Keynote Capital and Saurabh Mittal of Swadeshi Credits battle it out for top honours.

Below their top stock picks and analysis:

Aashish Tater of Fort Share Broking

I am going long on Anant Raj Industries for an intraday target of close to Rs 73 with a stoploss of around Rs 68 on closing basis. The stock has made beautiful chart patterns. Last time we recommended this stock with a target of close to Rs 72. Now we have extended our target close to Rs 81. Fundamentally, the stock is trading almost 40% discount to its net asset value. Thus a safe bet for another 30% returns from a years perspective. A safe bet in the real estate space can be bought from a long term perspective.

I am going long on Ceat for an intraday target of close to Rs 98.50 with a closing stop of around Rs 92. As far as this closure goes the promoters have been buying this particular company on every dip. So we can even initiate a buy on dips for this particular stock from a medium term perspective. If we take a real estate value of the company plus the fundamental value, the stock should go and test close to Rs 130-150 from next 12-15 months perspective.

I am going to short Shree Renuka Sugar for an intraday target of close to Rs 36 with a stoploss of around Rs 37.50.

I am going to buy S Kumars for an intraday target of close to Rs 40 with a stop loss of around Rs 37.50. The stock seems to be a safe bet and has taken a U-shaped pattern in form of recovery. We have a fundamental target of close to Rs 62 on the stock. One who is looking to buy this stock should buy a small quantity and average at around that Rs 35-37 levels from a portfolio perspective for a target of close to Rs 62.