Bull's Eye: Short RIL, Titan, Rel Cap; pick Idea, M&M

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,Aashish Tater of Fort Share Broking, Sanjay Vaid of SBI Cap Securities and Lancelot D'Cunha of Sharyans Wealth Mgmt battle it out for top honours. Below their top stock picks and analysis: Aashish Tater of Fort Share Broking
I am shorting Reliance Capital. We feel there will be further downgrade on to the stock and it would go and test Rs 255-260 within a short term. One should keep a stop loss of Rs 300 for the stock.
I am buying India Glycol for an intraday target of Rs 130.
Short Jaiprakash Associates for an intraday target of Rs 57. We think that these set of stocks are the next in line to get punished and Jaiprakash forms a perfect short at current levels. Fundamentally, we feel given the surrounding environment the stock could go and even test sub-Rs 50 levels, close to Rs 38-40 mark in the days to come.
I am shorting Reliance Power for an intraday target of close to Rs 85.75. We feel there is weakness into the system and the system would still falter and would given a test of close to 4720 odd mark. By then we feel the stocks which are holding right now would get punished and Reliance Power fits the criteria of a perfect short.
_PAGEBREAK_ Sanjay Vaid of SBI Cap Securities
We are recommending a buy in Idea Cellular with a target price of Rs 103 and a stop loss of Rs 97.50.
Sell Bata India with revised downward target of Rs 603 and stop loss of Rs 637.
Buy Mahindra and Mahindra. The stock has been beaten down out of shape in the last one month; it has corrected more than 15%. This is despite the fact that company has given decent performance in Q2. The Q2 results fundamentally are showing that the company is maintaining leadership position in both the segments.
Sell Crompton Greaves. The stock has broken down the important support level of Rs 125 and since then has been trading weak and it will continue to trade weak going forward also. Fundamentally, the Q1 results of the company where not in line with expectations and going forward also we feel that the stock could fundamentally be under pressure because the domestic power and industrial business is under stress. The company