Bull's Eye: Buy Rel Comm, HDFC Warrant, IFCI, L&T

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 Tater of Fort Share Broking and Rakesh Gandhi of LKP battle it out for top honours.

Below their top stock picks and analysis:

SP Tulsian of sptulsian.com

My first call for the day is a buy call on Reliance Comm with day target of Rs 93.50 and stop loss of Rs 87. Buy call has been given because all the ADAG stocks are seeing into the limelight and particularly in R Comm the share is witnessing value buying at the lower level as well as long positions having seen getting created in the future segment also by the informed circle and hence a positive call.

Second call for the day is a buy call on Saint-Gobain with a day target of Rs 58.50 and stop loss of Rs 54. This is a multinational company in which Saint-Gobain of France is holding 86% stake. This is seen as a delisting candidate and the process is likely to get initiated very soon by the promoters and ahead of that the informed buying and delivery based buying has been witnessing in the stock for last one week or so and it is learned that the promoters will be very aggressive in seeing that delisting goes through because they will not be requiring more than Rs 100 crore to get that process implemented which is very small amount for the company.

Third call for the day is a buy call on HDFC Warrant with a day target of Rs 94 and stop loss of Rs 86. This one warrant entitles the warrant holders to subscribe to one share of HDFC at Rs 600 in August 2012. But lately the housing finance companies have been witnessing positive interest by the investors and the 50 bps cut in the rate by RBI is going to ease the housing loan interest rates also which will be seen quite positive for the HDFC shares and whatever rise in the HDFC share price we will see will have an equivalent rise in the price of the warrant also.

My fourth and last call for the day is a buy call on United Breweries Holdings with day at target of Rs 81 and stop loss of Rs 74. This is the flagship investment company of UB Group holding 3 crore shares in United Spirits and 2.4 crore shares in United Breweries. In last couple of days we have seen both the share prices of both the companies have risen by about 8-10%. The positive view on both the companies share price is maintained and hence it is better to buy this company as they have a substantial holding in both the companies of United Breweries and hence a buy call.

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Ashish Tater of Fort Share Broking

I am going long on Can Fin Homes for an intraday target of Rs 135 odd mark with a stop of around Rs 122 on closing basis. We feel this particular stock has given a sharp breakout and the stock could go and test close to Rs 146 odd amount with a closing stop of around Rs 120 from next five days perspective thus on risk reward front this is a safe bet.

I am going long on Reliance Communication. There is a strong market buzz - there has to be some kind of development between the Ambani brothers and the stock is a direct beneficiary because of the 4G call, so we feel given yesterday’s momentum it can even go to Rs 100 from next two-three days perspective. However, the stock has found it difficult to cross Rs 87 mark on closing basis. It did yesterday. If the stock closes below Rs 87 odd mark its good to cut your long position but on risk reward front the stock has got technical target of Rs 100-108-120 from next 15-20 days perspective.

I am going long on IFCI for an intraday target of close to Rs 44.50 odd mark. This is one stock which we have been recommending right from Rs 23 to Rs 24 odd mark and we still feel the stock should go and test. Technically the patterns are on the upside and we feel with yesterday’s announcement the stock can easily test our levels.

I am going long on Prime Focus for an intraday target of close to Rs 54.50 with a stoploss of around Rs 51. We have been maintaining our positive view onto the stock and we still maintain that Rs 48.10 if its not breached on closing basis the stock has a potential to go and test Rs 60 odd mark in the very short-term. The stock technically looks good thus one can go long on this particular stock from intraday perspective as well as short-term perspective.

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Rakesh Gandhi of LKP

Aanjaneya Lifecare has been in side way trend since last January. Yesterday the stock has seen a good upward momentum with a good volume and the short term averages are also pointing towards further higher levels, hence it can be bought for a target of Rs 555 with a stop loss of Rs 526.

My second call for the day is buy BF Utilities. The stock has been sliding continuously since the month of September. Yesterday the short term moving averages have crossed over the long term moving average together with a good volume. I believe the stock has a huge breakout above Rs 445 but for today my target for the stock is Rs 428 with a stop loss of Rs 399.

My third call for the day is buy Hindustan Oil Exploration. The stock has formed a falling wedge pattern and has seen a breakout from that wedge pattern before few days. In last one or two weeks the stock has retraced some of its gain and once again restarted the upmove with good volumes, hence for today my target for the stock is Rs 137 with a stop loss of Rs 129.

My fourth and final call for the day is Larsen and Toubro. The stock has seen a breakout from a wedge pattern at the level of Rs 1300. Since last two weeks it has been moving in a sideways trend and once again it has closed above its critical level of Rs 1300. I believe the stock would see a breakout at around Rs 1340 levels and today my target for the stock is Rs 1375 with a stop loss of Rs 1315.