Bull's Eye: Short DLF, Rel Cap; buy Sesa Goa, Dish TV

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Bull's Eye: Short DLF, Rel Cap; buy Sesa Goa, Dish TV

CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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 Alok Industries See messages about Alok Industries

CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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 Alok Industries . The stock is range bound between Rs 20-30 and fundamentally of we add its land bank value because of its subsidiary, we feel the stock could go and test Rs 45 once the deal actually happens. If I take a technical snapshot, I feel the stock has made a beautiful chart pattern. On a stop loss of close to Re 1 if someone has a time horizon of next two to three months, the stock can give you a return of almost 30-40%.

I am going to short Reliance Capital for an intraday target of close to Rs 395 with a stop of around Rs 415. The story keeps repeating. With discounting factors changing, the price of the stock gets crashed to Rs 230 and it goes up back to Rs 440-450 levels. But if I take a fundamental call on to the stock, the quarter on quarter result is not as far our expectation; it is even below our expectation. Thus again we feel there would be pressure on the stock, so a safe stock to avoid on fundamental basis.

The third is also a short from my side based on dismal quarterly performance - DLF for an intraday target of close to Rs 222 odd marks. We feel the pressure is mounting on the company. Our analysis suggests that this stock is a definite avoid rather than a shorting candidate, so better idea would be to avoid this stock. But if you want to take that risk, go for a stop loss of Rs 234 and you can see a medium term target of close to Rs 222 on intraday basis and Rs 208 in the short term.

For the first time Reliance Infra has shown a lower top-lower bottom formation and thus we feel this could be a right time to short this particular stock for an intraday target of close to Rs 560 odd levels with a stop of Rs 520 on a closing basis. The stock in the medium term should again go and test Rs 500 below which again if people would recall, the stock would again crack very fast the way it has risen.