Bull's Eye: Buy UCO Bank, IVRCL, Voltas

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 sptulisan.com, Sharmila Joshi, Head of Equities, Fairwealth Securities and Lancelot D Cunha, ITI Wealth Management battle it out for top honours.

SP Tulsian, sptulsian.com

Buy UCO Bank with a day target of Rs 84 and stop loss of Rs 79. The banking stocks are seen in focus ahead of RBI meet on Monday and this stock is seen as traders favorite amongst midcap PSU banking stocks and hence a buy call.

Buy IVRCL with a day target of Rs 52.50 and a stop loss of Rs 48.50. Stock is witnessing informed buying which is resulting into the delivery based buying which indicates that probably the share is seen under accumulation and the hostile takeover bid may again resurface and hence a buy call.

Buy Kingfisher Airlines with a day target of Rs 14.50 and a stop loss of Rs 12.80. All the aviation stocks are in focus on the hopes that the sops are likely to be given by the government to the aviation sector which will be seen quite positive and Kingfisher Airlines seem to be the most undervalued and on a relative basis can give maximum returns if invested in the aviation stocks and particularly in this Kingfisher Airlines and hence a buy call.

Buy HDFC Warrants with a day target of Rs 60 and stop loss of Rs 52. Due to the positive view on the housing and housing finance stock, HDFC is seen the beneficiary and the stock of HDFC has been gradually moving up. But this is a proxy for HDFC shares as one warrant will entitle for exchange of one share at Rs 600 in the next two months for which the window is already open and hence this seems to be a good arbitrage play because instead of buying HDFC shares one can go for buying this HDFC Warrants and hence a buy call.

Disclosure: I have a holding in HDFC Warrants. Stocks discussed may have been recommended to clients.

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Sharmila Joshi, Fairwealth Securities

Buy GMR Infra with a target of Rs 23.50 and stop loss at Rs 22.40. Infra names are in favour and plus the fact that they could be looking to monetize their Delhi Daredevils team that has put the buzz on GMR. So right on back of that with target of Rs 23.50

Buy DLF with a target of Rs 205 and a stop loss at Rs 196. We saw the company selling off its Kolkata Hotel arm and we hear that they could be looking at some of the properties they have in Mumbai because there also the effort of the company is to get rid of non-core assets and take care of the debt situation. Also, if you see interest rate cut coming in on Monday then definite good news for all the real estate companies largely because espeically in the case of DLF we have seen even in the last quarter numbers were affected because of the high finance cost. So I think things will look easier for real estate if interest rates were to come down.

Buy IVRCL with a target of Rs 52 and stop loss at Rs 49.50. Among the infra names this is one stock which saw a deep correction post that event in the whole takeover talk fizzled out. But there is no getting away from the fact that there is intrinsic value in IVRCL. I do see targets of Rs 65 in the stock going ahead. So for the day I buy it with a target of Rs 52.

Buy Volta with a target of Rs 110 and a stop loss at Rs 106. This is a stock where we saw quarter numbers far better than expected. We had seen a deep correction in the stock on the back of expectation that the numbers would reflect the kind of despondency we saw for instance in the Blue Star numbers. Since then we have seen buying coming in to Voltas. I have a target of Rs 130 on the stock but for the day I buy with a target of Rs 110.

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Lancelot D Cunha, ITI Wealth Management

Buy IVRCL with target price of Rs 51.55 and a stop loss of Rs 48. IVRCL is looking to probably divest some assets and has been moving up in anticipation of this news. There is some buying that has taken place over the last few days which has seen the stock consolidate. It is trading at probably half times its book value which makes it appear to be reasonably good valuation and given the current momentum in favor of interest rate sensitive stocks I see this moving to its target price of 51.55.

Buy Dewan Housing with target price of Rs 179 and stop loss of Rs 167.50. I believe Dewan Housing offers good value because it is trading at 0.7 times its FY13 book value. So from a little long term perspective this stock looks attractive. It is one of the leaders in the space for low income housing and that has seen rapid growth with fairly good ratios in terms of its non performing assets. So they have very low NPAs and given the trend that we saw in the rate sensitives yesterday Dewan Housing did not perfom as well. So I expect that we should see a bounce back here from these levels.

Buy Allahabad Bank with target of Rs 147.50 and stop loss of Rs 140. Allahabad Bank has been moving up on volumes in the last few days and we have seen a breakout. Given the trend that interest rate sensitives are likely to move up as the market is expecting some amount of softening from the RBI, I expect this stock to hit its target price of Rs 147.50.

Buy Syndicate Bank with target price of Rs 104.50 and stop loss of Rs 98.50. Syndicate Bank has also been moving up consistently over the past few days since it had fallen substantially from its highs. The valuations are very low from a little longer term perspective also looks reasonably attractive. If RBI does look lower in interest rates it should be beneficial for Syndicate Bank and given the momentum for interest rate sensitives stocks it will move up to hit its target price of Rs 104.50.

Disclosure: I don't have holdings in any stocks discussed but may have recommended them to clients.