Bull's Eye: Buy Tata Motors, Suzlon, DLF, IVRCL

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
My first call for the day is a buy call on Suzlon with a day target of Rs 32 and stop loss of Rs 29.90. This company has been regularly receiving the orders in India as well as in its 100% subsidiary REpower from Europe as well as US and the stock is seen under accumulation for last 10 days which indicates that maybe in the next one month or so the stock will give a breakout and hence a buy call for the day has been given.
Second call for the day is again a buy call on HDIL with day target of Rs 136 and stop loss of Rs 128. The realty sector has come in a big way on the renewed buying list and specially the stock which have its presence in F&O segments. Since this company is trading in F&O as well as having good presence with good realty stocks in Bombay, the stock is witnessing buying for last one week or so and hence a buy call.
Third stock for the day is a buy call on India Info with a day target of Rs 80 and stop loss of Rs 74.50. The stock has again started seeing some renewed buying on the hopes of some corporate developments expected in the near future and hence a buy call has been given.
Fourth and last call for the day is a buy call on Adani Power with a day target of Rs 96 and stop loss of Rs 90.50. The company will be creating its capacity of 6,000 megawatt by March 2012 and this company seemed to be the largest beneficiary of FSA issued by the PMO and this will result in better working for the company going ahead and hence a buy call.

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  Rakesh Gandhi of LKP VIP Industries has been consolidating since last two weeks and now once again has seen an upward momentum. The stock can be bought for an intraday target of Rs 128.5 with a stop loss of Rs 122. Educomp Solutions has been trending downwards since last few days and while moving down it has made a channel formation on an hourly chart. The channel formation neckline is around Rs 240 and as soon as it crosses that Rs 240 we can see an upward momentum rising. For today it can be bought for a target of Rs 250 with a stop loss of Rs 232. Hindustan Oil Exploration Company has been forming reverse triangle formation since last five months and has seen a breakout yesterday above the neckline with good volumes. The stock can be bought for a target of Rs 155 with a stop loss of Rs 145. DLF has now sustaining above the neckline of Rs 240 of the consolidation formation. In the short-term it can be bought for a target of Rs 269 with a stop loss of Rs 253.
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  Sharmila Joshi of Fairwealth Securities
I will start the day by buying IVRCL. This is a stock that I have liked ever since they have spoken of merging IVRCL Assets with it because this will certainly mean lower debt for IVRCL as well as faster monetization of their assets. So this is a stock that I buy with a target of Rs 63.50 and a stop loss at 60.80.
The next stock that I buy is Tata Motors. This I buy with a target of Rs 277 and a stop loss at Rs 269. The news that they could be doubling their capex for JLR is what makes me, like the stock we have seen it make an all time high and then corrects slightly. But I think this news will bring the focus back on Tata Motors because certainly it is JLR sales that have driven the stock in the recent times. So this is a stock I buy with a target of Rs 277.
Buy VIP Industries with a target of Rs 129 and a stoploss at Rs 123.50. This has kind of joined the rally late and it is one of those good strong midcap momentum plays which had lost considerable ground in recent times but very good quality stock, very sound business model. So this is a stock that I buy with a target of Rs 129.
Buy Jyothy Laboratories with a target of Rs 205 and a stop loss at Rs 197. The news that they could be looking to raise USD 100 million is what makes me like this stock because this will almost entirely retire the debt that they had taken for the Henkel acquisition. Also to add to that, Jyothy Laboratories by itself had posted very strong numbers in the last quarter. More importantly I think FY12-13 will be a significantly good year for Jyothy Laboratories. So this is a stock that I buy with a target of Rs 205.