Bull's Eye: 12 intraday picks for the day

CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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, Rakesh Gandhi of LKP, Siddhartha Chatterjee of Trustline Securities and Ashish Kapur of Investshoppe battle it out for top honours.
Below their top stock picks and analysis: Rakesh Gandhi of LKP Delta Corp has been moving in a symmetrical triangular kind of formation for last one month. It has seen a breakout from that formation on Friday. JSW Steel has seen a very sharp move in last week and there is a good support from oscillators as well as volumes. Ambuja Cements has seen a strength to strength in last many months and has been moving in the upward directions since last maybe two weeks or so. Voltas has been moving in a downward trend since last 12 months. In last two weeks it has seen some consolidation on the downside.
_PAGEBREAK_ Siddhartha Chatterjee of Trustline Securities
Buy Petronet LNG with a stoploss of Rs 166 and a target of Rs 176.
Buy RIIL with a stoploss of Rs 422 and a target of Rs 444.
Buy Bank of India with a stoploss of Rs 336 and a target of Rs 349.
Sell Reliance Ind Futures with a stoploss at Rs 906 for a target of Rs 862.
_PAGEBREAK_ Ashish Kapur of Investshoppe
We recommend a buy on Welspun Corp. For the immediate day we have a target of Rs 113 with a stop loss at Rs 103.
Buy Vijaya Bank with a target of Rs 64 and a stop loss of Rs 58.50.
Buy IRB Infra. This company is very well positioned in the road infrastructure segment. The company has been doing very well and has very strong order book. VIP Industries has done very well over the past couple of years.