Top buy/sell ideas by market experts

In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Vishal Kshatriya, Sr Derivative Analyst, Edelweiss give top pick for the day.

Sudarshan Sukhani, s2analytics.com
Markets have become narrow ranged and choppy again. In this environment, we are looking to buy stocks that may have come to support levels and now are willing to go up.
We are looking at Indiabulls Real Estate for a buying opportunity. This stock fell to Rs 65-66 where there is strong support. For the last three days, it is inching upward. How much further it can go will depend on how the market behaves but it is likely to outperform most other real estate stocks and outperform the market. That is good enough for a buying opportunity. So, we are looking to trade on the long side in this stock.
A short signal has come again in Raymond. The stock has been in a bear market of its own after a sharp rally much earlier. A small rally in Raymond has brought it to Rs 365-370 zone where there is a lot of resistance. So, at the slightest sign of weakness, we would suggest going short in Raymond and looking to a target that could then make new lows. As usual, keep stop losses when you are going short and also keep the market environment in mind but the trade is very much valid and available.
SP Tulsian, sptulsian.com Chettinad Cement looks a good buy because promoters are holding 88.5 percent stake in the company and they have given a delisting notice to the company for which the postal ballot has already been over in the first week of February where it has been decided to go ahead with the delisting move. I am expecting that share can move to four-digits, which is now ruling at about Rs 840 or so for which we need to have a time horizon of at least 45-60 days. This makes a good short-term buy by the patient investors.
Vishal Kshatriya, Sr Derivative Analyst, Edelweiss
I recommend going short on IDFC February futures. Short-term trend in a stock is negative. Yesterday the stock has formed a bearish pattern on its daily chart. Derivatives data also indicates marginal short build-up in the stock. Traders can go short February futures in the range of Rs 160-161 with the target price of Rs 153 and a stop loss above Rs 165. Godrej Industries have seen aggressive short build up in yesterday’s trading session. Besides this, it has also broken down and closed below its important support range of Rs 305 to Rs 310. I expect stock to trade in the negative bias. Short-term traders can go short February futures in the range of Rs 305 to Rs 310 with the target price of Rs 285 and Rs 280 maintaining stop loss at Rs 320.