Bull's Eye: Buy Suzlon, KPIT, Oil India; short JSW Steel

Published on Tue, Jan 24, 2012 at 10:57 |  Source : CNBC-TV18

Updated at Tue, Jan 24, 2012 at 12:34  

9708 Investors following KPIT Cummins. Share this News with them.
0
0
Share on Tumblr

Excerpts from Markets Midday on CNBC-TV18 Watch the full show »

ALSO READ

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, SP Tulsian of sptulsian.com, Jagannadham Thununguntla of SMC Global and Nooresh Merani of AMSEC Research battle it out for top honours.

Below their top stock picks and analysis:

SP Tulsian of sptulsian.com

Buy KPIT with a day target of Rs 156 and stop loss of Rs 142. The company has posted very good Q3 numbers which will be liked by market and on top of it, it has given a sweetener and surprise in the form of 1:1 bonus issue.

Buy NESCO with a day target of Rs 728 and stop loss of Rs 648. This is a debt free real estate company having huge developed property in western suburbs of Mumbai where it is deriving huge income in the form of rental of the convention and exhibition centre. In fact yesterday we have seen huge informed delivery based buying, which indicates either a value buy or some corporate develops likely or expected in the near future.

Buy Den Network with day target of Rs 86 and stoploss of Rs 77.7. This stock is in the limelight largely because of the acquisitions expected by a strategic investor to the extent of 26%. This is seen as the most economically priced and most financially backed company as its debt free and profit making cable company having strong presence in north India.

Buy Suzlon with day target of Rs 27.9 and stop loss of Rs 25.3. This stock has been witnessing informed buying for last 1 week. But yesterday, we have seen huge volumes in the cash segment on BSE-NSE put together of over 5.5 crore shares as well as huge delivery based buying reflecting there from.

  

Trending News

Business News

Download Windows 8 Release Preview for free now
Will India's millionaire homes affect property prices for aam aadmi? "Will India's millionaire homes affect property prices for aam aadmi? "

Ranvir Sena chief killed, Bihar on high alert

Fitch Revises Indian Bank Outlook To Negative; Affirms BBB-

The latest earning numbers FIRST on CNBC-TV18
Videos

Jun 1 2012, 14:57

Delisting candidates are risky; be cautious: SMC

- in MARKET OUTLOOK

Jun 1 2012, 11:57

Raamdeo Agrawal lauds Q4 nos, sees drastic rate cuts ahead

- in MARKET OUTLOOK

Interviews

Jun 1 2012, 15:36 | Source: CNBC-TV18

M&M performed well on strategy, not fuel prices: Nayer  

Jun 1 2012, 11:29 | Source: CNBC-TV18

HDIL eyes revenues of Rs 2500 cr in FY13  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!