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, Aashish Tater, Jagannadham Thununguntla and Sharmila Joshi battle it out for top honours. Below their top stock picks and analysis: Aashish Tater, Fort Share Broking Short Havells with a target of Rs 358 and keep a stoploss at Rs 404.8 I am shorting Havells India. We feel this stock is having a technical downtrend and the stock should go and test Rs 320-340 in the medium term. Buy Gujarat Fluorochemicals with a target of Rs 411 and keep a stoploss at Rs 376 I am going long on Gujarat Fluorochemicals for an intraday target of Rs 411 with a strict stop loss of around Rs 376 odd. If I see a technical position into this particular stock the stock has got oversold and is showing some sign of recovery so we feel this is one stock which can be looked down fundamentally too so for an intraday target of close to Rs 411 one can go long on to the stock. Buy Siemens with a target of Rs 700 and keep a stoploss at Rs 648 I am going long on Siemens for a technical target of close to Rs 700 odd with a strict stop loss of Rs 648. Short Bata with a target of Rs 500 and keep a stoploss at Rs 568 I am going short on Bata India for an intraday target of Rs 500. We have come out with a semi put on Bata India in the similar fashion the way VIP Industries has corrected we feel there is a significant amount of correction due in Bata India too so we feel the stock should go and test Rs 450-480 odd mark in the short-term and one can go short on this particular stock on every rise on spread basis. Jagannadham Thununguntla, SMC Global Buy Deccan Chronicle with a target of Rs 40.7 and keep a stoploss at Rs 38.1 Buy Deccan Chronicle with a day target price of Rs 40.70 as the stock has been battered very badly and there is a chance of technical bounce and this is a time when the market will start looking at some of the value that is lying in some companies. Deccan Chronicle is a strong player in south in terms of in every matrix you see be it in the business daily or in general daily and also the companyDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
