Bull's Eye: Short Arvind, Delta Corp; buys PFC, DCB

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, SP Tulsian of sptulsian.com, Sharmila Joshi of Fairwealth Securities and Keval Bhanushali of Keynote Capitals battle it out for top honours. Below their top stock picks and analysis: SP Tulsian of sptulsian.com
I have a buy call on Orchid Chemicals with a day target of Rs 170 and stop loss of Rs 158. The company is a leading player in Cephalosporin segment and for last couple of days we have been seeing value buying coupled with short covering as the counter was heavily oversold and the positive trend is likely to continue in the near future and hence a positive call.
I have a buy call on Shree Renuka Sugar with a day target of Rs 36 and stop loss of Rs 31. The buy call has been given because the company has commence the crushing at its Karnataka plant and some of them are giving a recovery of 12% which is seen very good in the initial time apart from that we have been seeing white sugar prices moving up on the global exchanges with price exceeding or maybe ruling close to about Rs 615-620 per tonne and hence a buy call.
I have a short call on India Infoline with a day target of Rs 55 and stop loss of Rs 59. The negative view on the stock is largely due to the concerns on the margins seen in its finance portfolio of over 5,000 crore and the concern seen on its working going ahead which is reflected from the salary cuts having effected by the company recently as also the huge administrative burden of the company which is placed at about 100 crore per quarter and hence a negative call on the stock.
I have a short call on Delta Corp with day target of Rs 67 and stop loss at Rs 72.50. This is largely due to the concerns seen on its core business model and for last 15 days we have been seeing delivery based selling happening on the counter, which indicates the large investors are exiting from the stock and hence a negative call on the stock.

_PAGEBREAK_ Sharmila Joshi of Fairwealth Securities
I buy Havells with a target of Rs 433 and stop loss at Rs 415. There have been concerns on Havells on the basis of the way the European business etc will perform but now those are the kind of accounted for and we have seen a reasonable performance from Havells from the other side of the business. So this is the stock that we like and we have a buy report on this but for the day I am giving a target of Rs 433.
Buy Hero Motocorp with a target of Rs 2,150 and stop loss at Rs 2,068. The sales numbers which came in post market yesterday were good. It has in fact seen 27% rise year on year, so good set of numbers.
Buy Yes Bank with a target of Rs 287.50 and stop loss at Rs 276.50. Overall banking is a space that I like and I think that perhaps mid-December we will get more positive on banks if we were to hear from RBI for instance that interest rates were being paused etc. So this is the time to start accumulating on the banking space and within the private banking space Yes Bank is a stock that I like, so this I buy with a target of Rs 287.50 for the day. Power Finance Corporation is a stock that I buy with a target of Rs 174.50 and stop loss at Rs 168. The whole fact that tariff prices have got increased by one State and other States are likely to follow have put both REC and PFC in a sweet spot and you will see better numbers from these companies going ahead. The upside is more than Rs 174.50 target that I have given but the day a target of Rs 174.50.
_PAGEBREAK_ Keval Bhanushali of Keynote Capitals
I have a buy call on Development Credit Bank (DCB). It