Bull's Eye: Buy HDIL, Ipca Labs, Unitech

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, Ashish Kapur of Investshoppe and Saurabh Mittal of Swadeshi Credits. SP Tulsian, sptulsian.com
Buy Saint-Gobain Sekurit with a day target of Rs 68 and stop loss of Rs 63.50. The company is opening its reverse book building process for delisting the share on Tuesday. Ahead of that we have been seeing informed buying into the stock in spite of the stock being placed in the trade to trade category on the hopes that delisting is likely to go through at Rs 75 per share which is seen quite attractive.
Buy HDFC Warrant with a day target of Rs 58 and stop loss of Rs 52.50. One warrant entitles for one share of HDFC at Rs 600 per share by 24th August 2012.in fact the conversion window is already open where one can go and exchange the warrant by paying Rs 600 into the share. HDFC share is seen to have bottomed out and from here on the positive view is taking on the stock and hence this warrant makes a very good arbitrage play with a very low investment for the maximum returns.
Buy HDIL with a day target of Rs 70 and a stop loss of Rs 66. Amongst all the real estate sector the leading companies which have posted the results, the results of HDIL has seen to be quite better in comparison to the other real estate stocks largely because they have been able to control the interest cost and the debt position of the company has reduced to some extent as compared to the other realty players. Due to this the value buying is seen in the stock at the lower level which is also forcing the short covering.
Buy JP Associates with a day target of Rs 64.50 and stoploss of Rs 61. The company has posted reasonably good numbers for Q4. The cement division which has slightly disappointed is likely to improve its performance in the time to come. On an overall basis share at the current price looks to have bottomed out and looks a value buy. Ashish Kapur, Investshoppe
Buy Zee Entertainment Enterprises with a target of Rs 141 and a stop loss at Rs 128. Though the company produced disappointing numbers in the previous quarter, we feel that at the current price more than factors in all the negative sentiment. Also going forward, digitization of the TV industry in India is going to be a major boost for Zee Telefilms. In fact this company stands to gain more than any other competitor as the subscription revenues would go up substantially.
Buy McLeod Russel with a target of Rs 286 and a stop loss at Rs 271. Now tea industry is one such industry, which is facing good times as the season has started on a good note with prices ranging Rs 32-40 higher than the last season. McLeod Russel being the largest producer of bulk tea stands to gain from this. Moreover the company has gone in for debt reduction which is a major positive. Also going ahead the company plans to go in for expansion through acquisitions.
Buy Ipca Laboratories with a target of Rs 365 and a stop loss at Rs 333. Ipca is one company which has produced very smart numbers in the previous quarter both the revenue as well as the profit has gone up smartly. Going forward we expect this momentum to continue. Moreover the company is focusing a lot on its export segment as well as institutional segment, both the segments are likely to do very well and contribution of exports to sales would go up from 59% currently to 70% in the coming years.
Short Adani Power with target of Rs 44 and a stop loss at Rs 48.6.  Saurabh Mittal, Swadeshi Credits
Buy on Tata Global with a target of Rs 112 and a stop loss of Rs 106. I am retaining this stock from yesterday. It saw some consolidation in yesterday’s weak market and I feel that there is some upside left. If the market performs little bit given that it’s a new series starting today this share should do well in the trade for today.
Buy Unitech with a target of Rs 22.50 and a stop loss of Rs 20. This too I am retaining from yesterday’s trade. It showed consolidation and I feel that Unitech has kind of bottomed out and it’s ready for upmove. It should see some smart gains in today’s trade.
Buy JP Associates with a target of Rs 64 and a stop loss of Rs 61. JP Associates has been hammered down for over the last few trading sessions but yesterday it showed smart upmove. So, I think its ready for a technical bounce and there should be some more upside left for it for today.
Buy Aegis Logistics with a target of Rs 140 and a stop loss of Rs 129. Ageis Logistics loss some ground yesterday but in the previous session it has shown some strength and I expect this stock to rebound technically and it should do well today.