Bull's Eye: Buy Voltas, Alfa Laval, Ranbaxy, short HDFC

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, Rakesh Gandhi of LKP and Sharmila Joshi of Fairwealth Securities battle it out for top honours. Below their top stock picks and analysis: SP Tulsian of sptulsian.com Buy Shree Renuka Sugars with day target of Rs 40 and stop loss of Rs 37.70. We have seen sugar stocks coming again in focus and on the buying list of the traders as well as investors at the lower level and amongst that Shree Renuka looks to be a better stock because of its presence in Karnataka and apart from that corporate events are lined up where the company is likely to monetise some of its assets to deleverage the balance sheet going ahead and hence a positive call on the stock. Buy DCB with a day target of Rs 49 and stop loss of Rs 46. We have been seeing renewed buying interest in the private sector banking stocks and specially the low price and this stock looks to be the favourite of the market as well as of the investors and hence a buy call. Buy Voltas  with a day target of Rs 115 and stop loss of Rs 109. This stock is seeing accumulation and good rollovers having taken place in March series and view is positive going ahead largely on the better working seen ahead and hence a buy call has been given on the stock. Buy Orchid Chemical with a day target of Rs 186 and stop loss of Rs 176. This stock seems to have come again in the focus of the investors largely on the hopes that Q4 result is likely to be good where the forex losses are going to get reverse resulting into better working seen ahead and hence the investors are buying in the stock delivery based and hence a positive call on the stock. Disclosure - Tulsian holds DCB Rakesh Gandhi of LKP Shares Buy Alfa Laval as the stock has very strong upward break out with good volume and has already entered into an all time new high. I believe the trend would continue and for today my target for the stock is Rs 3370 with a stop loss of Rs 3190. TTK Prestige has seen a very sharp rally and now has declined since last few days and it is likely that momentum is once again likely to pick up in coming days. It could see higher targets and for today my target for the stock is Rs 3030 with a stop loss of Rs 2875. Short Canara Bank with a target of Rs 491 and keep a stoploss at Rs 520. It has shown a very sharp downward move after breaking from a rising veg pattern which is bearish. Short Reliance Capital with a target of Rs 402 and keep a stoploss at Rs 431 . It has been trending up since last 8 weeks and now it has broken below the rising trend line which was supporting it since last 8 weeks. Sharmila Joshi of Fairwealth Securities Buy Power Grid Corporation with a target of Rs 116 and keep a stoploss at Rs 111.30 I start the day by buying Power Grid. This I buy with a target of Rs 116 and a stop loss at Rs 111. 30. The company is well on track to achieve its 11th plan capex as well capitalization. Also as far as 12th plan goes the investment approval which are in place, auger well for the company. The company should do a 17% CAGR over the FY11-FY15 time period. So it