HomeNewsBusinessStocksBull's Eye: Buy Jet Airways, ITC, Berger Paint, LIC Hsg

Bull's Eye: Buy Jet Airways, ITC, Berger Paint, LIC Hsg

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.

March 20, 2012 / 13:02 IST
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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 Saurabh Mittal of Swadeshi Credits battle it out for top honours.
Below their top stock picks and analysis: SP Tulsian of sptulsian.com
My fist call for the day is a buy call on Jet Airways with a day target of Rs 334 and stop loss of Rs 315. The buy call on the stock has been given largely because the company is seen to be a huge beneficiary because of the curtailing of the operations by the Kingfisher Airlines. Inspite of the relief having given by IT 80 to Kingfisher Airlines for payment of tax dues in installments, it is unlikely that Kingfisher will be able to ramp up their operations so quickly. Jet Airways will continue to be the beneficiary of the improved level of activity. Apart from that, it is also talked that FDI in aviation is likely to come soon and hence a positive call on the stock.
Second call for the day is a buy call on Lanco Infratech with a day target of Rs 20.20 with a stop loss of Rs 18.50. This stock has witnessed a huge delivery based buying yesterday which indicates that the value call is being taken on the stock. That has led to the long positions having built in the F&O segments coupled with the short covering. The trend is likely to remain positive for next couple of days and hence technically a positive call on the stock.
Third call for the day is a buy call on Jaypee Infra with a day target of Rs 52.50 and stop loss of Rs 49.30. The company is likely to start its 165 kilometer Yamuna expressway by end of this month which is likely to be seen hugely positive as the concession period of this Yamuna expressway is of 36 years and the revenue flow to the company will start quickly and hence a positive call on the stock.
Last call for the day is again a buy call on Thomas Cook with a day target of Rs 68.50 and stop loss of Rs 64. It is learnt that the stake sale by the Thomas Cook PLC, the promoter of the company who is holding 77% stake are likely to see the stake sale finalization in this week. Lot of PE investors and companies engaged in the similar business have evinced interest in acquiring the stake at a very rich valuation which will be seen quite positive by the market and the buying will start in anticipation of the stake sale likely to happen at a very hefty price and hence a buy call.
 
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  Aashish Tater of Fort Share Broking
I am going long on Jaypee Infratech for an intraday target of Rs 53.50 with a closing stop of around Rs 47.50. This is one stock which we feel has got good risk-reward perspective if someone has three to four days horizon. We feel the stock should go and test that Rs 58.50 odd mark where the stock might see some selling pressure in terms of profit booking. Thus on risk reward this is one stock which can be traded at current levels.
I am going long on Glodyne Technoserve for an intraday target of close to Rs 378 odd mark. We have been recommending this stock right from Rs 230-240 odd levels. A short term long can be built even from trading perspective.
I am going long on LIC Housing Finance for an intraday target of close to Rs 260. There is a strong market buzz that the company might get the banking license. The way its charts have actually shaped out, it
first published: Mar 20, 2012 11:15 am

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