Bull's Eye: Buy United Spirits, IDFC, Short Alstom Projects

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, Ashish Kapur of Investshoppe, Vishal Jajoo of Nirmal Bang and Pankaj Jain of Sunteck Wealthmax battle it out for top honours. Below their top stock picks and analysis: Ashish Kapur of Investshoppe I have a short position on Alstom Projects with a target of Rs 334 and stop loss at Rs 366. The entire infrastructure space is under tremendous pressure and Alstom Projects is no exception. Due to government delay and rise in raw material cost and other expenditures related to infrastructure projects Alstom is also facing a lot of a pressure and this pressure is likely to continue for some time more, along with the selling which we have seen in the last couple of days we expect this entire space to remain under pressure hence we are recommending a short position here. My call is retaining of position of long on Hero MotoCorp for the target of Rs 2,100 and stop loss at Rs 1,940. The penetration in rural and semi urban areas still relatively low so there is scope for further growth which will keep happening and this is specially to in case of Hero MotoCorp which continues to do well despite various concerns which we had last year when the tie-up with Honda got over. The company has managed to secure technical support and has also taken a stake internationally for securing technical support going forward. My recommendation is a long position on Godrej Consumer with a target at Rs 506 and a stop loss at Rs 464. The rational for this is also because Godrej Consumer also is a defensive stock, is a company which is doing very well so even in these times when there is lot of pressure in the market you can expect buying to sustain in stocks like Godrej Consumer. I have a long on Kotak Mahindra Bank with a target at Rs 568 and stop loss at Rs 515. This bank is on a good growth trajectory and we expect this growth trajectory to be maintained. The results have also been very encouraging and on account of quality of assets also we do not see any major slippages happen. In the near-term also because the markets are looking for quality scrip and more so on stocks which are likely to maintain growth despite the economic problems which might happens due to delay in government policies and still no sign of interest rate easing we expect Kotak Mahindra to continue to do well. _PAGEBREAK_
Vishal Jajoo of Nirmal Bang I have a short call on HDIL. The sector is yet to come out of the woods and on top of it the government of Maharashtra has hiked the stamp duty multi fold times as a result of which the perception on this sector and the valuations will again go in for a toss and Mumbai based companies specially HDIL would be at the receiving end therefore we have a short call on this company. I have a buy call on Hindustan Zinc with a target price of Rs 129. Vedanta Group and the government of India cumulatively hold more than 90% stake in the company. The company has an excellent balance sheet however the cash in the books cannot be tapped until it comes solely under the management of Vedanta and as a result of which Vedanta has made a counterbid to acquire this residual stake for consideration of around Rs 15,000 crore. Once the stake is acquired this will be very positive for the company and at least there are certain steps being taken in this direction therefore this stock definitely warrants some kind of a attention. I have a buy call on IDFC with a target price of Rs 133. If one looks at the business model then right from private equity fund to venture capital fund to funding from its own books to infra lending, AMC and then a capital market company even if one looks at from an earnings multiple an EPS of Rs 9 can be easily achieved and at the present price if one knocks off the value of its investment this stock is available at decent valuation and therefore it can provide upside in the short-term, medium-term as well as long-term. We have a target price of Rs 133 for the day. Orchid Chemicals