Bull's Eye: Buy Escorts, Pantaloon; Sell Lupin

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 Fort Share Broking, Nooresh Merani of AMSEC Research and Pankaj Jain of Sunteck Wealthmax battle it out for top honours. Aashish Tater, Fort Share Broking Buy Escorts for a target of Rs 72. We feel the particular stock has been making a broad range of Rs 65 on downside and Rs 85 on upside. On risk reward front on closing basis if the stock does not close below Rs 64.50 we feel there is a potential target of close to Rs 80 on the stock. Buy Pantaloon. The stock has been rangebound and we feel the stock has been consistently making the bottom of close to Rs 152 mark where we feel one should keep a positional stop loss of Rs 152 for a target of Rs 170 in days to come. Buy Gujarat Fluorochemicals with a target of Rs 455 and stoploss of around Rs 410. We feel this stock is drastically undervalued given its potential and the company has announced its expansion. We feel eventually the stock would go and test that Rs 1000 mark from next 3-4 years perspective. Buy Balaji Telefilms. We expect better results for this particular quarter as the numbers for ‘The Dirty Picture’ has not been built in the last quarter. Thus there is lot of expectation from company’s perspective. We feel target of Rs 48 is achievable post results. Disclosure: I don't have holdings in any stocks but may have recommended them to clients. _PAGEBREAK_ Pankaj Jain, Sunteck Wealthmax Buy Shalimar Paints. What we have been seeing in Shalimar Paints for last couple of days the stock has been going up with much stronger volumes. In yesterdays trading we saw that stock closed just at door step of 200 DMA and once it breaches past 200 DMA which is close to Rs 444-445 we could see a sharp run up in this stock. Shalimar Paints the equity is not very large and the floating stock and we keep seeing high beta bouts in this stock. So taking all these factors into consideration I feel the momentum is on upside. Relatively defensive buy call on Colgate. Though the volumes are not very high but we have been seeing that this is one of the best defensive and FMCG play, we have been seeing this stock cripplingly going up and yesterday we have seen this stock going past its immediate 20 DMA. This is the biggest player in the toothpaste market and it has been capturing the market back from plays like HLL and domestic players and the volumes for the company have been steadily increasing. Results have been pretty robust for last 2-3 quarters. It’s a decent dividend play. Buy KPIT Cummins. This stock has given excellent returns in last 1-2 months and we saw an intermediate correction from levels closer to Rs 121-122, levels closer to Rs 105. I think that intermediate correction is over now, the stock is again back in the steady bull phase kind of pattern, and we saw very strong momentum yesterday. There are rumors of stake sale. The growth of the company has been very strong, very robust growth and they have been very bullish about the future. Short Lupin with a target of Rs 506. The way Lupin behaved yesterday I think post declaring its results, results were pretty disappointing, markets didn’t like the results. We have seen a sharp sell off in the stock with a stronger momentum and stock breached its immediate averages and I think that downward momentum should continue in Friday’s trading and we could see levels closure to Rs 500. Disclosure: I don't have holdings in any stocks but may have recommended them to clients. _PAGEBREAK_ Nooresh Merani, AMSEC Research Buy Bajaj Auto with a target price of Rs 1600 and a stoploss to be placed at Rs 1450. Continue to maintain the bullish stance on the stock and given the fact it has a lot of support in this band of Rs 1480 levels. I would expect the stock to bounce back over the next few sessions, so one can continue to accumulate the stock at current levels keeping a closing stop loss at Rs 1450.” Buy BHEL with a target price of Rs 230 and a stoploss to be placed at Rs 200. If we look at the stock it is maintaining around its range of Rs 205 to Rs 215 for the last few days. As well as it is available very close to the 2008 lows, so I would continue to maintain the bullish stance on the stock. Buy BPCL with a target price of Rs 730 in the day and a medium term target price of Rs 760. The stock has been finding a lot of resistance in the band of Rs 705 to Rs 710 and it has been holding strong over the last few weeks. Moment the stock crosses Rs 710 levels it would be a breakout heading up to Rs 730 in the short term. One can initiate a buy position with a stop loss at Rs 685. Buy Marico with a target price of Rs 195 and a stop loss to be placed at Rs 175. The stock is on the verge of breakout and once it starts closing above the range of Rs 180-185 for a few days, we would expect the stock to even go to Rs 220 in the medium term. Given the fact that it’s a FMCG stock, it’s a defensive in the current market condition, so one can initiate a buy at current levels as well as on dips. Disclosure: I don't have holdings in any stocks but may have recommended them to clients.