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, Ashish Kapur, Investshoppe, Lancelot D'Cunha, Sharvans Wealth Mgmt and Madhumita Ghosh, UNICON battle it out for top honours. Below their top stock picks and analysis: Ashish Kapur, Investshoppe
First call for the day is a long position on Sterlite Industries. We are recommending this position with a target of Rs 110 and a stop loss at Rs 99. In this pull back rally, metals so far have not participated very well. We expect good performance from well managed and well diversified metal companies like Sterlite moving ahead. The company though has disappointed investors especially on account of the performance in aluminium and energy segments but we expect going forward this to get corrected.
My second call for the day is a long position on Welspun Corp for the target of Rs 115 and a stop loss at Rs 101. This company has disappointed investors in the quarter two results where the net profit dropped significantly. But going ahead we expect the situation to improve. The company is a leader in making pipes used for transportation of oil and gas. The way in which billions of dollars are being invested worldwide and exploring oil, gas and gas assets it is but natural that the demand for pipes will grow going forward.
My third call for the day is a long position on HCL Tech. In case of HCL Tech, we are fairly confident that the results as far as the guidance of quarter three will be very robust. The company operates in different segments. In particular their position in infrastructure management services is something which is likely to generate very good results going forward. Worldwide there is a very low penetration of infrastructure management services. HCL Tech
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