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 Lanco Infratech with a day target of Rs 14 and stop loss of Rs 12. In fact huge shorts are seen getting covered in the stock and hence this makes it a technical short-term buy.
Buy IVRCL with a day target of Rs 39 and stoploss of Rs 34. The buy call has been given because IVRCL Assets and Holdings which is a subsidiary of the company is getting merged with IVRCL Limited, which is seen as a big positive. Apart from that in last one month the company has obtained the orders of close to about Rs 3400 crore. So all these things indicates a positive view and even if someone can keep a view of about six months the stock has good upside potential of about 40% but the day target has been given at Rs 39.
Buy SAIL with a day target of Rs 91 and stop loss of Rs 83. The buy call or the positive view on the stock is largely because of the renewed interest seen in all the metal stocks. SAIL learnt to have acquired three mines in Afghanistan which will be seen as very positive for the stock in times to come and hence a buy call.
Buy Hindustan Construction (HCC) with day target of Rs 25 and stop loss of Rs 21. All the infra stocks are seeing renewed buying interest coupled with short covering, which is making this stock also a good buy. Considering the 64% stake held by this company in Lavasa project, with its own market cap of close to Rs 1400 crore, makes it value buy in the longer-term. It is expected that after the first phase having received the clearance and work having commenced, going ahead the company doesn
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