Bull's Eye: Buy HOEC, Lovable, HDIL; short United Spirits

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, AK Prabhakar, SP Tulsian and Ashish Kapur battle it out for top honours. Below their top stock picks and analysis: SP Tulsian, sptulsian.com Buy Jaiprakash Associates with a target of Rs 57 and keep a stoploss at Rs 53.3 Buy call on Jaypee Associates with a day target of Rs 57 and stop loss of Rs 53.50. The stock seems to have corrected much more than what it desired. This multi-divisional company having presence in infra, real estate, cement is seeing now the short covering coupled with value buying which is likely to keep the momentum in the stock on in the time to come and hence a buy call. Buy Hindustan Oil Exploration Company with a target of Rs 98 and keep a stoploss at Rs 93.5 Buy call on Hindustan Oil Exploration with a day target of Rs 98 and stop loss of Rs 93.50. For last one week we have been seeing selling by a large investor either because of the margin call or the financing pressure, but for last couple of days this seems to have stopped and now the renewed interest has emerged in the stock which is keeping the stock to move again or at least hold its bottom and likely to perform quite well in the next one month or so. Buy Shree Renuka Sugars with a target of Rs 27.5 and keep a stoploss at Rs 25.75 Buy call on Renuka Sugar with a day target of Rs 27.50 and stop loss of Rs 25.75. It is talked that government in January is likely to dismantle the levy sugar of 10% and monthly release mechanism and if that happens Renuka Sugar will be seen as the largest beneficiary because of the huge presence in Maharashtra and Karnataka plus the international presence. Buy Gati with a target of Rs 30 and keep a stoploss at Rs 27.5 Buy call on Gati Ltd. with day target of Rs 30 and stop loss of Rs 27.50. Because of its FCCB repayment of close to about USD 20 million in the second week of December the share has corrected hugely in these last 15 days but the company has recently completed its FCCB of USD 22 million and that money has been used to retire the old FCCB liability and now no more concerns remains on the stock and in fact the stock has potential to move to about Rs 40 in next couple of months but the day target has been given with a target of Rs 30 and a positive view. Ashish Kapur, Investshoppe Buy BGR Energy with a target of Rs 209 and keep a stoploss at Rs 183 Buy call on BGR Energy. This stock like many other stocks in the capital goods space has got beaten down very badly in this carnage, though there are concerns there is a lot of order book which the company has not been able to implement. The wind flow of pressure orders has definitely slowed down. Company has got into lot of problems with existing projects also. Leverage on the balance sheet also is high. So regardless of all these problems the valuation had reached very compelling levels. Buy Allahabad Bank with a target of Rs 135 and keep a stoploss at Rs 122 Buy call on Allahabad Bank. We continue to like the public sector as well as private sector banking space because we feel that these stocks are available now at very cheap valuations. Even keeping in mind the inflation and an impending slowdown in the economic growth, these stocks are now available at very cheap valuations. For the day we have a target of Rs 135 with a stop loss at Rs 122. Buy Lovable Lingerie with a target of Rs 335 and keep a stoploss at Rs 295 We think that this current carnage is a very good opportunity to buy a stock like Lovable Lingerie and even in the very recent past there was some buying which was in November. In the last couple of trading sessions the stock has moved up smartly. This up move could last some more time and for the day we have a target of Rs 335 with a stop loss at Rs 295. Buy HDIL with a target of Rs 62 and keep a stoploss at Rs 55.8 Buy call on HDIL. This is a contrarian bet because real estate stocks are doing quite badly. But this stock in particular has got beaten down quite badly and amongst the real estate space this one company which enjoys a very strong leash in terms of the slum rehabilitation projects it has in Mumbai. Other than that also there are very large sizeable projects that the company has. So we feel that investors can start nibbling into this stock at this stage and since we are in a kind of a pullback rally it would make sense to even from a trading perspective to buy this stock and for the day we have a target of Rs 62 with a stop loss at Rs 55.8. AK Prabhakar, Anand Rathi Buy HDIL with a target of Rs 63 and keep a stoploss at Rs 55.8 Buy HDIL with a stop loss of Rs 55.80 and target of Rs 63. HDIL is a real estate company in Mumbai with a book value of Rs 238 and it is value buy at this level and technically also the stock is showing a temporary bottom and this stock can sustain about Rs 56 level then a sharp rally of 8-10% is possible in this stock and HDIL would be our first pick. Buy Lovable Lingerie with a target of Rs 344 and keep a stoploss at Rs 298 Lovable after a long slide is showing strength and with Rs 298 as stop loss the target on the upside will be Rs 344. Normally beaten down stock towards end of December starts to rally. On that basis we are giving Lovable and the target also is on a very higher side. If it doesn