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, Jagannadham Thununguntla of SMC Global, Sharmila Joshi of Fairwealth Securities and Prakash Diwan of Asit C Mehta Investment battle it out for top honours.
Below their top stock picks and analysis: Jagannadham Thununguntla of SMC Global
Buy Man Industries with a day target price of Rs 142 and a stop loss of Rs 113 on the back of the joint venture with Kobe Steel and the placement happened at around Rs 165. Should see fresh fillip to the stock and there is a good chance going forward the stock should see at least Rs 160 levels.
Buy Central Bank of India with a day target price of Rs 118 and a stop loss of Rs 106 on the back of monetary policy and any sign and symbol for the interest rate loosening and probably should give a fresh fillip to the banking stocks. The stock is selected with a day target price of Rs 118 and stop loss of Rs 106.
Buy Alok Industries with a day target price of Rs 24.50 and a stop loss of Rs 19.50 on the back of placement to the promoters at significant premium to the market price and a placement of around Rs 52 to the promoter should see fresh fillip to the stock.
Buy EIL with a day target price of Rs 292 and a stop loss of Rs 266 on the back of expectation and announcements on PSU for budget some of these PSUs can come into action.
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Sharmila Joshi of Fairwealth Securities
I buy ILandFS Transportation with a target of Rs 201.8 and stop loss at Rs 194. I wanted to include the stock in the portfolio with a bit of a budget perspective. Very good portfolio mix and the kind of order book that they have going forward makes it an attractive stock. We recommend this on a slightly longer term basis with a target of Rs 235. For the day I bought it with a target of Rs 201.80.
Man Industries is the next stock that I buy. This I buy with a target of Rs 123 and stop loss at Rs 118.20. The news last evening that they have entered into a deal with Japan
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