HomeNewsBusinessStocksBull's Eye: Short Suzlon, Reliance Cap, buy STC India, RCF

Bull's Eye: Short Suzlon, Reliance Cap, buy STC India, RCF

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.

January 05, 2012 / 15:41 IST
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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 209 and keep a stoploss at Rs 183 Buy STC India with day target of Rs 209 and stop loss of Rs 183. This stock is looking cheap when compared with MMTC but apart from this, this call of the buying on the stock has been given purely looking to the momentum and technical interest having seen built up in the stock for last four days and hence a buy call. Buy MMTC with a target of Rs 818 and keep a stoploss at Rs 719 Buy MMTC with a day target of Rs 818 with stop loss of Rs 719. Again this stock for the last four days has been seeing huge trading flavor of the market and the stock has been continuously going up largely on the hopes that the new SEBI guidelines will enable the government to expedite its disinvestment process and huge buying and trading interest has been seen on the stock and hence a buy call has been given. Buy National Fertilisers with a target of Rs 70 and keep a stoploss at Rs 61.4 Buy PSU stock National Fertilizer with a day target of Rs 70 and stop loss of Rs 61.40. This stock is looking reasonably well oiled or maybe quite cheap because this fertilizer company which is a PSU is having five to six fertilizer plants and any move by the government for divestment of the stake in the company to about 90% can see stock moving up further from hereon and hence a buy call. Buy RCF with a target of Rs 60 and keep a stoploss at Rs 53.4 Buy RCF with a day target of Rs 60 and stop loss of Rs 53.40. This fertilizer stock is also looking good considering its value and the hopes of divestment by the government in the stock going ahead and hence a buy call. Aashish Tater, Fort Share Broking Short Adani Enterprises with a target of Rs 260 and keep a stoploss at Rs 290.65 Short Adani Enterprise, we feel the stock should go and test Rs 210-220 levels in days to come. One can go short onto the stock or a better idea is to avoid this particular stock at current levels. The target for the day is close to Rs 260 odd mark with a strict stop around Rs 290.65. Short Suzlon Energy with a target of Rs 17.8 and keep a stoploss at Rs 19.1 Short Suzlon Energy for an intraday target of Rs 17.80, with the stop of around Rs 19.10. We feel there would be weakness into today
first published: Jan 5, 2012 11:30 am

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