Bull's Eye: Short Kingfisher, RCom; buy GMDC, United Phosp

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, Jagannadham Thununguntla, SMC Global, Nooresh Merani of AMSEC and Madhumita Ghosh of UNICON battle it out for top honours. Below their top stock picks and analysis: Jagannadham Thununguntla of SMC Global
First pick for the day is sell Kingfisher on the back of the Service Tax Department freezing the bank account should not go well with the market and this can be quite a big embarrassment for the company. It has to find some way out of all this liquidity related issues otherwise the stock may remain under pressure. The stock is selected on the short side with the day target price of Rs 24.20.
Second pick for the day is Jet Airways on the short side with a day target price of Rs 245.10 on the back of continued problems for the aviation industry and lack of clarity on the FDI in aviation sector. Especially after the rollback of the FDI in the retail sector gives a signal that probably FDI in aviation is not as easy as originally anticipated. The Jet Airways stock can remain under pressure. The stock is selected with a day target price of Rs 245.10.
Third pick for the day is sell Crompton Greaves with a day target price of Rs 127.10. The ongoing problems of the stocks can put the upsides on the cap. The market share is under pressure, the profitability is under pressure, lot of concerns of the management in terms of its future vision. The market is finding it very tough to accept this new reality of the profitability. The stock is selected with a day target price of Rs 127.10 on the short side.
Fourth pick for the day is buy United Phosphorous with a day target price of Rs 139.40. The stock can see some action.
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Nooresh Merani of AMSEC
My first stock call is a buy on Ultratech Cement. Continuing with my bullish stance on all cement stocks as well as Ultratech being a favourite, I maintain the view that it should hit to Rs 1,300-1,400 in the short to medium-term. Recently it has closed about the Rs 1,200 resistance level which indicates good traction in the stock and it should head higher in the short-term as well. My intraday target price for the stock is Rs 1,260 and the stop loss is placed at Rs 1,180.
Buy GMDC wherein I expect a target price of Rs 220-250 in the medium-term as well as the stock is showing a lot of resilience in falling markets. Any dips to Rs 175-180 remains a good buying position in the stock. My stop loss for the day is Rs 175 and a target price of Rs 190.
My third stock call is a sell on Bata India with a target price of Rs 600 in the day and a stop loss at Rs 635. The stock has been following a rounding top pattern and it has giving good indications of a major cyclical top being in place. Once the stock starts cracking Rs 620 levels as well it would hit back to its 200 day moving average closer to Rs 550-560 levels. So traders can look for a major short-term crack in the stock.
My final stock call is a buy on Piramal Healthcare. This stock has been sluggish for a very long period of time and currently it has broken out above its resistance at Rs 380 levels yesterday. I would expect this stock to do Rs 410 levels in the short-term. My intraday target price for the stock is Rs 390 and a stop loss is placed at Rs 365 for a medium-term call on it.
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Madhumita Ghosh of UNICON
The first stock for today is L&T futures. The stock is trading below 20 day moving average and we expect it to fall below that. It is with big volumes that it is trading below the 20 day moving average. So we see the target price at Rs 1,245 with a stop loss of Rs 1,283.
The second stock is Divis Lab. It is in the pharma space and fundamentally good company. We see that it is trading above the support level of Rs 734, so we expect it to move up to Rs 750 levels with a stop loss of Rs 726.
The third stock for today is Sun Pharma which is again in the pharma space. It has recently lined up lot of FTFs, which will give them good opportunity to have good revenues in the next one or two years. The stock is trading at 20 times FY13 earnings per share. The stock has moved above the 20 day moving average and we expect the stock to touch Rs 530 levels target today and the stop loss is Rs 510.
The last stock for today is R Comm futures sell. The stock is trading below 20 day and 50 day moving averages with good volume. We expect the stock to move down to Rs 73.10 with a stop loss of Rs 78.10.