Bull's Eye: Short JSW Steel, HDFC Bank, pick DLF, BHEL

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, Aashish Tater of Fort Share Broking, Keval Bhanushali of Keynote Capital, and Saurabh Mittal of Swadeshi Credits battle it out for top honours.
Below their top stock picks and analysis: Aashish Tater of Fort Share Broking
Long call on Zensar Technologies for an intraday target of Rs 202. I have been bullish on this stock right from Rs 160 mark for a target of Rs 225. The stock has given a sharp breakout at current levels. Thus we feel the stock could go and test Rs 225 in next 2-3 days perspective. Sunil Hitech is hidden gem pick from my side. Long call on Sunil Hitech for an intraday target of Rs 84. On conservative side we feel the stock should be valued at least to Rs 105. Thus a safe bet from medium term perspective.
Long call on Tilaknagar Industries for a target of close to Rs 64. The company has been giving consistent performance and now we feel the stock looking at the way the promoters are accumulating from open market, there is also a chance of the promoter converting the shares, warrants into equity shares. Thus all these triggers along with their own brands, mansion house and triple X rump, these all are going to add positives even going forward. The company has been able to maintain its CAGR growth of over 30% and we fell even going forward the company on conservative side would add 25% to 30% on bottomline. A stock which is grossly undervalued relative to its peers. JSW Steel is a hedge from my side. Short call on JSW Steel for a target of close to Rs 830 with a strict stop loss of Rs 890. The way JSW charts have actually patterned out we do not see that this is the right value for the stock fundamentally. We recommended an avoid on Tata Steel, despite poor results the company has given almost 20% return from downside. Thus it's a better avoid rather than shorting candidate.
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  Keval Bhanushali of Keynote Capitals
Buy call on DLF. It's trading at Rs 250. I have an intraday target of Rs 300 and a stoploss below Rs 230.
Buy on Hindustan Oil Exploration Company. It's trading at Rs 135. I have an intraday target of Rs 150 and a stop loss below Rs 130.
Buy on Pantaloon Retail. It's trading at Rs 196. I have an intraday target of Rs 220 and a stop loss below Rs 190. It has been a long term pick from our side since past few trading sessions and the stock was able to give good momentum in last trading session as well. So I expect the stock to continue the upside momentum. BHEL is a buy. I have a target of Rs 300 and a stop loss of Rs 265.

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  Saurabh Mittal of Swadeshi Credits
I am going to use a hedged strategy for my portfolio. Buy call on ITC at the current price with a target of Rs 206 and a stop loss of Rs 197.
Short Hindustan Unilever with a target of Rs 375 and a stop loss of Rs 390. This would give me a hedge strategy in the FMCG sector, so I have the least exposure to the market.
Buy ICICI Bank with a target of Rs 980 and a stop loss of Rs 950.
Short HDFC Bank with a target of Rs 510 and a stop loss of Rs 540.