CNBC-TV18 brings you a brand new week of Bull's Eye. It's the 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
Buy India Cements with a target of Rs 117.30 and a stop loss at Rs 112.50. Overall the cement as a sector are going to report good numbers this quarter and within that space India Cements looks undervalued compared to some of the other stocks. Also good numbers are expected from India Cements itself this month as well as this quarter. So I buy this with a target of Rs 117.30.
Buy Sadbhav Engineering with a target of Rs 157.20 and a stop loss at Rs 152. The kind of orders that Sadbhav Engineering has got in the recent times, one just last weekend make this a very attractive proposition. Also this is a company that has really delivered well on their orders and in fact they have delivered before time. It looks very good on valuation perspective. We like this stock with a slightly longer term target of Rs 190. But for the day I have recommend a target of Rs 157.
Buy HUL with a target of Rs 408 and a stop loss at Rs 396. The news that they have leased their Worli property to Piramal is what makes me pick the stock for the day. This is a huge piece of real estate that HUL has in the middle of the city. The fact that they have now leased it will add to their bottom line. Overall FMCG is a space which I like, so this I like with a target of Rs 408.
Buy TVS Motor on back of the buzz that there could be a sale that could result in some money coming the way of TVS Motor. The numbers for TVS Motor haven
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