Bull's Eye: Buy Dena Bank, DCB, ICICI Bank, Titan

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 start by buying Dena Bank. This I buy with a target of Rs 97.50 and a stop loss at Rs 93.70. Basically I wanted to include a banking stock before the event on Tuesday because if you were to see some action, it would be a good idea to start buying into banks from this week itself and we are seeing some kind of activity coming to the midcap banks. Dena Bank is a good midcap size bank and trading below its book value, so very attractive at current levels. So this I buy with a target of Rs 97.50.

Buy Ind-Swift Labs with a target of Rs 101.50 and a stop loss at Rs 97.60. Just last evening, the company has got USFDA approval for five APIs at its Derabassi facility. The company released claims that this will put it in the big pharmaceutical league but I think given the fact that they have this approval it will mean that they will sell these products in the US market and it is a good size pharmaceutical company available at attractive valuations. You have a company that is doing well. You have seen good growth in profit over the last couple of quarters, good growth in the revenues. So a good play and maybe this news could propel it higher.

Buy Elecon Engineering with a target of Rs 61.50 and a stop loss at Rs 58.60. The company has got some very good orders in the month of March for the MHE division and again this stock is recovering from Rs 50 low that it made in the carnage that we saw across the sector. The stock has a very robust order pipeline and sustainable margins. I would buy this stock with a longer-term target of about Rs 90 but for the day I bought it with a target of Rs 61.50.

The last stock on my list is Emami. This I buy with a target of Rs 438 and a stop loss at Rs 423. There is news that the stock has increased their product prices across the range from 8% to 12%. This is fairly significant and I think again we find that a lot of people are looking at FMCG as a good defensive bet largely because there is no government intervention here and policy in action doesn