HomeNewsBusinessStocksBull's Eye: Go long on JM Financial, IRB Infra, YES Bank

Bull's Eye: Go long on JM Financial, IRB Infra, YES Bank

Aashish Tater of Fortunewizard.com advised going long on JM Financial with a target price of Rs 29 and going short on HDIL with a target price of Rs 39.5.

July 02, 2013 / 08:56 IST
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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 Fortunewizard.com, Prakash Diwan of Altamount Capital Management and Lancelot D Cunha of Sharyans Wealth Management battle it out for top honours. Aashish Tater, Fortunewizard.com Go long on JM Financial with a target price of Rs 29 and keep a stoploss at Rs 28 Go short on HDIL with a target price of Rs 39.5 and keep a stoploss at Rs 42.7 Go long on IRB Infrastructure with a target price of Rs 103.5 and keep a stoploss at Rs 98.5 Go long on Dena Bank with a target price of Rs 76 and keep a stoploss at Rs 71 Disclaimer: He doesn't hold any stocks discussed but may have recommended them to clients. Prakash Diwan, Altamount Capital Management Go long on Rallis India with a target price of Rs 147.50 and keep a stoploss at Rs 139.50 Go long on Essar Oil with a target price of Rs 69.50 and keep a stoploss at Rs 65.50 Go long on Yes Bank with a target price of Rs 484 and keep a stoploss at Rs 449 Go short on Hexaware Technologies with a target price of Rs 84.90 and keep a stoploss at Rs 91.50 Disclaimer: He doesn't hold any stocks discussed but may have recommended them to clients. Lancelot D Cunha, Sharyans Wealth Management Buy Peninsula Land with a target price of Rs 45.90 and keep a stoploss at Rs 40.30 Buy Canara Bank with a target price of Rs 392 and keep a stoploss at Rs 379 Buy TV18 Broadcast with a target price of Rs 26 and keep a stoploss at Rs 23.50 (Moneycontrol.com and Television Eighteen Network are both part of the Network18 Group.) Buy Reliance Communications with a target price of Rs 137.50 and keep a stoploss at Rs 129.40 Disclaimer: He doesn't hold any stocks discussed but may have recommended them to clients.
first published: Jul 2, 2013 08:56 am

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