Bull's Eye: Buy MMTC, GMDC; short Adani Enter, IRB

ALSO READ See what other Experts & Brokerages are saying about STC India See messages about STC India

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 stocks ideas not just for the day, but stocks that look attractive in the medium-term as well.

This week, SP Tulsian, Nooresh Merani and Aashish Tater battle it out for top honours.

Below their top stock picks and analysis:

SP Tulsian, sptulsian.com

Buy STC India with a target of Rs 154 and keep a stoploss at Rs 137

Buy call on STC India. We have witnessed huge volume on Friday of about 23 lakh shares which also has resulted in the higher delivery percentage and because of the high Government of India stake at 91% and the low float this can add fuel to the fire and hence a buy call on the stock has been given with a day target of Rs 154 with stop loss of Rs 137.

Buy MMTC with a target of Rs 586 and keep a stoploss at Rs 528

Buy call on MMTC which is also a canalized PSU stock with day target of Rs 586 and a stop loss of Rs 528. This stock also has witnessed huge volume on Friday of about 13 lakh shares which has resulted in higher delivery percentage and with Government of India stake at 99.33% and institutional and mutual fund stake at 0.52, very low float is there in the public of 15 basis point and this kind of delivery again is seeing informed buying which is likely to keep the momentum on in the stock and low public float with high delivery percentage seen on Friday can add fuel to the fire and hence a buy call.

Short Adani Enterprises with a target of Rs 280 and keep a stoploss at Rs 297

Sell call on Adani Enterprise with day target of Rs 280 and stop loss of Rs 297. This stock is correcting largely because this is a holding company holding more than 75% stake in Adani Power and Mundra Port and both the stocks are seeing huge corrections in last couple of months which is impacting this company as well. Apart from that this company also is losing its focus on its core business model of coal mining and hence has dropped the plans of acquiring the own logistic system as well as their plans of coal mines also is going away.

Short Everest Kanto Cylinder with a target of Rs 24 and keep a stoploss at Rs 26

Short call on EKC, Everest Kanto with day target of Rs 24 and stop loss of Rs 26. The Q3 results is likely to be worse than Q2 which had posted a loss and in fact it seems that the stock has been correcting continuously and had made a 52-week low largely because of some margin call pressure seen in the stock and the same trend is likely to continue in the days to come and hence a short call.

Nooresh Merani, AMSEC Research

Buy Divi's Labs with a target of Rs 790 and keep a stoploss at Rs 755

Buy on Divi's Labs. The stock has been showing a lot of strength over the last few sessions. It has broken about its range of Rs 755-760. Yesterday also the stock reversed back very fast from the lows of Rs 760 levels. I would expect the stock to do Rs 790-810 on the short-term. My intraday target for the stock is around Rs 790, my stop loss to be placed at Rs 755 for the stock.

Short IRB Infra with a target of Rs 125 and keep a stoploss at Rs 135

Sell IRB Infra. The stock has made a new 52-week low and the recent support levels of Rs 135 had broken. I would expect this stock to touch a level of Rs 125-120 in extreme short term. Keeping in mind of the volatility of the stock one may keep a strict stop loss at Rs 135 and a intraday target price of Rs 125.

Short HDFC with a target of Rs 640 and keep a stoploss at Rs 670

Sell HDFC. This stock has been in the range of Rs 600-680 for the last many months. Recently the stock hit a high of Rs 670 levels confirming to the upper end of the range. Now it has started a decline which should head up to Rs 640-630 in the short-term.

Buy GMDC with a target of Rs 167 and keep a stoploss at Rs 155

Buy GMDC with a intraday target price of Rs 167 and a stop loss at Rs 155 for a medium-term call. The stock is one of the few stocks which are trading above its 200 day exponential moving average or closer to it. The stock gave a huge breakout around Rs 155-160 a few months back and ended up to Rs 190 plus. Now it is finding a lot of support in the zone of Rs 155-160, so I would expect this stock to retry a level of Rs 180 in the short-term.

Aashish Tater, Fort Share Broking

Short Adani Enterprises with a target of Rs 285 and keep a stoploss at Rs 302

Adani Enterprise has been a classical falling which it has been making and we feel the stock should go and test very low levels even from current levels. People tend to average these kinds of stocks and that makes the investor more painful. So we would recommend better to exit the stock rather than waiting for any bounce in this particular stock.

Short SAIL with a target of Rs 76.5 and keep a stoploss at Rs 83.5

I am shorting Steel Authority India for an intraday target of close to Rs 76.50. The basic idea over here is that steel as a sector is under tremendous pressure and we still do not foresee any great comeback from the metal pack specially the steel sector. So we feel this particular stock would build in to Rs 55 eventually with market actually showing sign of bottoming. So there is enough pain even from current levels under the stock. Short for an intraday target of Rs 76.50, stop loss close to Rs 83.50 odd mark.

Short Suzlon Energy with a target of Rs 16 and keep a stoploss at Rs 18.9

Basically it's an idea to avoid. Suzlon Energy. The stock has been a classical case of wealth destruction for investors. If you see a 20-25% bounce back people would be waiting for those kind of returns, but I personally feel that the management which has not been able to deliver over the longer term frame of 2006-2011 I do not foresee any reason why one should be investing into the stock.

Short Hindalco Industries with a target of Rs 110 and keep a stoploss at Rs 119.65

I am shorting Hindalco for an intraday target of close to Rs 110. Hindalco and other non-ferrous pack is also showing some signs of weakness and we feel there is still sometime left for these stocks to actually get bottoming out. So from medium-term perspective it's better to avoid these kind of stocks and look into better stories which are available in plenty.