HomeNewsBusinessStocksBull's Eye: Buy GMR Infra, Rel Comm, Dena Bank

Bull's Eye: Buy GMR Infra, Rel Comm, Dena Bank

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.

February 15, 2012 / 11:49 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

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 I am going long on GVK Power for an intraday target of close to Rs 20. Basically we have a medium-term target of Rs 23 on to the stock which we feel is achievable over next three to four trading sessions. A safe bet where we feel a closing stoploss of Rs 16.55 should be kept for the targets to get achieved. The second stock is also a portfolio bet from our side. We feel GMR Infra is relatively undervalued and we have a short-term target of close to Rs 38 odd mark which we feel is achievable again in next three to four days technically. This stock has given a tremendous breakout and we feel the momentum is going to continue even going forward. I am going long on Lanco Infratech for an intraday target of close to Rs 19.50. Again a stock where we feel that there is a good chance of the stock going to test Rs 22-23 odd mark in next three to four days. Thus a safe bet with a closing stop of around Rs 17.50. The fourth is a short from my side. It
first published: Feb 15, 2012 11:21 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!