Bull's Eye: Buy Shasun Pharma, Tech Mahindra, JK Tyre

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, Sharmila Joshi of Fairwealth Securities, Nooresh Merani, AMSEC Research and Ashish Tater of Fort Share Broking battle it out for top honours. Below their top stock picks and analysis: Sharmila Joshi, Fairwealth Securities
I start by buying Shasun Pharma. This I buy with a target of Rs 143 and a stop loss at Rs 137. This stock has done exceedingly well for itself in the last 8 or 9 months, but I think this is on the back of a very good set of numbers that we have seen and are likely to see getting played out in the coming year. So I would buy this stock and keep it, but for the day I buy it with a target of Rs 143.
Buy Mangalore Chemicals with a target of Rs 53 and a stop loss at Rs 50.50. We are likely to see a solution to the debt issues of the UB Group and the sell of 30% equity that it holds in Mangalore Chemicals is imminent. We are hearing of some suitors who were doing the rounds. So once that is done I would expect a further pop on the stock, but for the day I would buy it with a target of Rs 53.
Buy Tata Global Beverage with a target of Rs 125 and a stop loss at Rs 120. This is a stock that I am buying ahead of its numbers. I am expecting to see a good set of numbers from Tata Global. We have already seen a very good set of numbers from Tata Coffee. This leads me to believe that Tata Global will also show a good performance in this quarter. So this is a stock that I buy with a target of Rs 125.
Buy GMR Infra with a target of Rs 25.75 and a stop loss at Rs 24.50. Once again a stock that I am buying ahead of numbers. I am expecting an improved performance from GMR Infra. Also I wanted to have an infra exposure given the fact that presidential elections are now out of the way and we are likely to see a step up in some policy action from next week onwards and infra stocks would stand to benefit from that. So this is a stock that I buy with a target of Rs 25.75.
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  Nooresh Merani, AMSEC Research
My first stock call is a buy on Mahindra Satyam with an intraday target price of Rs 90 and a medium-term target price of Rs 100 as I have been bullish on the stock for quite sometime and the stock has given a huge breakout around Rs 78-81 levels. Such a breakout has a minimum implication of Rs 15 which gives us a target price of Rs 95-100. After a move to Rs 84-85, the stock retraced back and tested the support levels of Rs 80. Yesterday the stock has given a small breakout above Rs 83 which indicates once the stock starts trading above Rs 85 we could see a 10-15% move in quick time. Any dips to Rs 80-82 would be a buying opportunity for the stock.
My second stock call is a buy on Tech Mahindra. What we see is a similar breakout in Tech Mahindra which was seen around Rs 690-700. Post that the stock moved up to Rs 750 and has retraced back to the support levels of Rs 690 and has been turning back from the last couple of days. This indicates the retest of the support is done and the next move should take it beyond Rs 750 and an ideal target price would be Rs 800-850 in the medium-term. Any dips in the range of Rs 700-710 would be a buying opportunity keeping the stop loss at Rs 690 which was the recent lows.
My third stock call is a buy on NESCO. This is a favourite for a view of 1 to 3 years as well as in the short-term it has given a technical breakout. On the fundamental side the stock is quoting at a market cap of Rs 900-950 crore and it is a zero debt company with almost Rs 150-200 crore cash on the books as well as the current IT park III should have around 8 lakh square feet and given the fact that it is based in Goregaon closer to the hub of It companies simple valuation would be around Rs 800-1,000 crore on a minimal side for this property itself.
My last stock call is a buy on Havells India with a target price of Rs 635 and a stop loss at Rs 595. Yesterday the stock has given a breakout from a triangular pattern and sustaining above Rs 600 levels will give a sharp move in the next couple of sessions itself. One may keep a closing stop loss at Rs 595 as it’s a breakout trade and any momentum above Rs 600 could be a buying opportunity.
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  Ashish Kapur, Investshoppe
Buy Shasun Pharma with a target of Rs 146 and stop loss of Rs 134. What we like about the company is that they have a very strong pipeline of CRAMs in various segments. Also the company is undergoing a massive expansion plan, which will increase its turnover significantly and also compared to its peers it is available at a very attractive valuation. So given all that and the fact that pharma is a space which is currently in momentum, we are recommending this as a short term trade with a target of Rs 146.
Buy NIIT Technologies with a target of Rs 305 and a stop loss of Rs 282. This company posted better than expected results for the first quarter of FY13. There was very strong addition in number of new clients and also growth in various verticals and geographies. We quite like this company and we feel that going ahead there is good revenue visibility and the company is likely to continue showing good robust numbers.
Buy JK Tyre with a target of Rs 101 and a stop loss of Rs 93.50. Tyre manufactures in general are likely to do well because a key constituent of the raw material is rubber. Infact 70% is rubber and rubber prices are coming down is something which is going to benefit all the tyre manufacturers. JK Tyre has very cheap valuation compared to its peers.
Buy Tata Global Beverage with target of Rs 128 and stop loss of Rs 117.50. We continue to like this company because of its very strong product portfolio. Also the fact that this company has entered into very key strategic partnerships with Global majors like Pepsi and Starbucks. Worldwide and including India healthy beverages are a trend which is increasing. So all this will benefit Tata Global Beverages. We like this company fundamentally too.