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, Sharmila Joshi of Fairwealth Securities, Nooresh Merani of AMSEC Research and Keval Bhanushali of Keynote Capital battle it out for top honours. Below their top stock picks and analysis: Sharmila Joshi of Fairwealth Securities I buy IVRCL with a target of Rs 72.90 and stop loss at Rs 70. I have liked the stock ever since they have declared the fact that they are going to merge IVRCL Assets with itself because this will mean faster monetisation of their assets and a reduction of debt etc. But this buys more on the recommendation of the fact that Essel Group has been buying into the IVRCL stock and we have been hearing that they have offered the promoters to buyout their stock. So this stock could likely see more action and I would expect the stock to trend to about Rs 85-90 levels. I buy LIC Housing with a target price of Rs 273 and stop loss at Rs 265. Last quarter we saw good set of numbers from the company and also the fact that their loan book grew nicely. For the longer term, I have a target of closer to about Rs 295 but for the day I am recommending with a target of Rs 273. I buy Subros with a target price of Rs 32 and stop loss at Rs 30. There is news that Denso could be looking to buy into Subros. Denso already holds about 13% into the stock. Subros is auto ancillary, its biggest client is Maruti Suzuki and as a result of which we saw that in the last quarter numbers were reflecting the weaker numbers we got from Maruti Suzuki in that quarter. But now things are looking better, passenger cars are also looking good and the fact that Denso is looking to buy from it, it could put this stock on a very attractive pitch. Once again there is news that HCL Info could be looking to sell part of their stake and Lenovo is reported to be one of the buyers which is interested in the stock. This is a decent size company and they do have good UID orders, so that in itself is attractive thing for the stock. But today I buy this more on the basis of stake sale news. _PAGEBREAK_ Nooresh Merani of AMSEC Research I have a buy call on ICICI Bank, continuing with the stance that Rs 840-850 remains a strong support zone for the stock. I would expect the stock to bounce back to Rs 900 levels in the short-term. My intraday target price would be placed around Rs 885. Traders may keep a stop loss of Rs 855 for this trade. I have a buy on DCB with an intraday target price of Rs 51 and short-term target price of Rs 53 to Rs 55. Yesterday the stock closed well above the Rs 48 levels which confirms a breakout and the volumes have also picked up yesterday which indicates there could be momentum over the next couple of sessions which could take it to Rs 51 and followed by that Rs 53-55. I would revise my stop loss closer to Rs 46 for this trade. I have a buy on Infosys with a target price of Rs 2,870 in the day and a medium-term target price will be placed at Rs 3,000-3,400. If we look at the longer term charts for the stock it has made a lot of attempts around Rs 3,000 range. Recently the stock is falling in bullish flag which has a breakout around Rs 2,900 levels. Yesterday the stock has reversed back from the levels of Rs 2,700-2,750 which is a support band. The strong closing yesterday suggests that the momentum could continue for a couple of days more. I have a buy call on HUL which has been a favourite for the last many months. The uptrend has been very positive; if we look at the last few days it has been finding a lot of resistance around Rs 420 levels. This was attempted yesterday. Once the stock trades above this it would open up to Rs 450 in the short-term. I would keep an intraday target of Rs 425 and utilize every dip between Rs 405 to Rs 415 buy into the stock, keeping a stop loss at Rs 400. _PAGEBREAK_ Keval Bhanushali of Keynote Capitals My first call would be a buy call on Mahindra Satyam. It is trading at Rs 80. I have an intraday target of Rs 90. This is a good stock from an IT sector considering the kind of potential after the merger and I think this has put the stock one step ahead. So, one can stay invested very easily from a short-term to medium-term horizon. My second pick would be a buy call on Gitanjali Gems. It is trading at Rs 320. I have an intraday target of Rs 350 and a stop loss of Rs 310. Kingfisher Airlines has touched a recent high of Rs 20 and have a target of Rs 22, a stop loss below Rs 17. I think with the kind of action into the aviation sector rightly predicted by us in the past few days, I think the momentum will continue to build up. So, one can stay invested till the levels of Rs 22. My final pick would be Pantaloon Retail. It is trading at Rs 167. I have a target of Rs 200 and a stop loss of Rs 160.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!