Bull's Eye: Buy Adani Port, Geometric, LIC Housing

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, Rajesh Agarwal of Eastern Financiers, Ashish Kapur of Investshoppe and Lancelot D Cunha of ITI Wealth Management battle it out for top honours. Below their top stock picks and analysis: Rajesh Agarwal of Eastern Financiers
One can buy Cox & Kings with an intraday stop loss of Rs 122 and target of Rs 150. The stock has seen considerable amount of beating in the recent past because of depreciating rupee and concerns over European operations but we think that most of the negatives are already been discounted because if you look at the fundamentals of company the fundamentals are quite strong. The company operates into more than 19 countries worldwide, in the past six years has made lot of acquisition, the current acquisition of Holidaybreak (HBR) is going to add to the bottomline in a big way in the coming years hence we are recommend this as a buy.
One can buy Adani Port with a stop loss of Rs 124 and target of Rs 132. This company has already refinanced its USD 200 billion loan which it has taken in Australia. Even the HPCL-Mittal Bathinda refinery has already been commissioned in last week of March which is going to add to the volumes and the volumes are also going to be added by the coal supply for Adani Power and Tata Mundra Power UMPP.
One can buy Zensar with an intraday target of Rs 243 and stop loss of Rs 222. Cisco which is one of the biggest clients of this company is going to scale up its operations and with the scale up of operations of Cisco Zensar is going to see scale of revenue in the coming quarters. The management is targeting revenue of around USD 1 billion by FY16. Nine months numbers were quite impressive with around 68% jump in topline and around 27% jump in bottomline.
One can buy Wockhardt with a stop loss of Rs 680 and target of Rs 710. The company has given strong set of numbers in Q3; it’s in the process of finalising a deal with Danone for nutrition business, FCCBs are going to be paid by August and once these things are done the company comes out of the CDR and more visibility on earning would be there.
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  Ashish Kapur of Investshoppe
My first call is long position in Apollo Tyres. Today we are having a target of Rs 96.5 with a stop loss at Rs 88. We believe that Apollo Tyres is one midcap idea which can deliver very hand some returns despite overall weak market conditions the company is doing very well, has posted very strong numbers over the last few quarters. Moreover going ahead traction from their European business continues to be strong.
My call is a long position on Geometric with a target of Rs 77 and stop loss at Rs 70. This is one midcap software company which continues to deliver good performance; ramp up in capacity in key clients as well as good deal inflow is likely to sustain their performance going forward. The company also has a good healthy revenue mix. Over 40% of the revenue comes from low penetration areas and customers which are not usually chased by larger peers.
My call is a long position on Jubilant Foodworks with a target of Rs 1,205 and stop loss at Rs 1,100 though very expensive but the stock continues to enjoy good momentum in this market mainly because of scarcity of good ideas. The company is well poised to take advantage of the retail food growth story in India, they are known for Domino’s Pizza for which they are expanding in a significant way.
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  Lancelot D Cunha of ITI Wealth Management
Buy Tata Power. It is an attractive investment option even in the long run. It has recently corrected from Rs 109 and had gone all the way down to Rs 101. I have seen it yesterday pickup on greater volumes and I believe that now you will see the upward momentum along with the general market, so I see it achieving its target price of Rs 107.90 for the day. LIC Housing Finance is expected to come out with good numbers, which can boost the stock upwards. It has been plateau around these levels and it’s been moving in a range and it’s at the bottom end of its range. So I believe that with the announcement of results the stock should see some upward momentum and we can see it reaching its target price of Rs 264.90 Cox & Kings had been consistently declining over the past few weeks on the back of large volume selling. I believe the selling should be over at these levels and now we have started seeing the stock move upwards from its low of Rs 122 we have seen it move up to the current price. I believe now the upward momentum will be positive for the stock and I think it should hit its target price of Rs 142.
Sell UCO Bank Futures. It has been relatively weak over the past few months and in spite of the fact that RBI dropped interest rates we saw a brief move on UCO Bank upwards. It has seen considerable selling and has actually moved downwards with larger volumes. I believe the downward momentum could continue for a while and we can see it reaching its target price of Rs 75.10.