HomeNewsBusinessStocksBull's Eye: Buy RComm, Sun Pharma; short Jet Airways, Bata

Bull's Eye: Buy RComm, Sun Pharma; short Jet Airways, Bata

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 03, 2012 / 20:23 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, 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 Buy Amar Remedies with a target of Rs 139 and keep a stoploss at Rs 124 Amar Remedies is a stock where we feel there is some momentum on upside left. We have cut down on our target of Rs 200 to Rs 178 looking at market conditions. One can go long on this stock for intraday basis for a target of Rs 139. However from medium-term perspective for that Rs 178 target, one should keep a strict stop loss of Rs 116. we have recommended the same strategy that if Rs 116 on closing basis is broken it is better to sell off this particular stock because then the stock would technically come back to that Rs 80-85 levels where we are really comfortable investing into this particular stock from longer-term point of view. Buy GMR Infra with a target of Rs 21.5 and keep a stoploss at Rs 19.6 It is a technical-cum-fundamental call from a longer-term perspective is GMR Infra. I am buying for a target of Rs 21.50 This particular stock after long tie has closed about Rs 20 mark and we feel there will be some momentum upside from next 2-3 days perspective. So, one can take a 5-6% jump on this particular stock on immediate basis. Short Bata with a target of Rs 500 and keep a stoploss at Rs 568 The third stock is a rollover from yesterday
first published: Dec 27, 2011 11:20 am

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