Bull's Eye: Buy United Spirits, Patel Engg, sell Yes 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.

Remember these are midcap ideas not just for the day, but stocks that look attractive in the medium-term as well.
This week, SP Tulsian of sptulsian.com, Jagannadham Thununguntla of SMC Global and Nooresh Merani of AMSEC Research battle it out for top honours.
Below their top stock picks and analysis: SP Tulsian of sptulsian.com
Buy United Spirits with a day target of Rs 743 and stop loss of Rs 639. We have seen huge delivery based buying happened on Wednesday and that has given a technical breakout to the stock and I think that this momentum is likely to continue, which can take the share into a new valuation horizon and hence a buy call for the day.
Buy IVRCL with a day target of Rs 59.50 and stop loss of Rs 51. This stock has ran more than 75% in last series but if we see the latest developments haven taken place, first, company has received the permission from Competition Commission of India for merger of IVRCL Assets with itself. Second, it is learnt that the company has put two of its road projects on block to de-leverage its balance sheet and also various steps have been initiated to monetize the assets held by the company in the form of PPP projects, in the form of real estate, stake in Hind Dorr Oliver etc. that will de-leverage the balance sheet of the company in a very big way and hence this buying momentum is likely to continue.
Buy NESCO with a day target of Rs 704 and stop loss of Rs 628. This is a real estate company having 65 acres of freehold land and over 15 lakh square feet area having leased out. Apart from this, they have exhibition and convention centre which is largest in India held in the private sector. All this real estates are held in western suburb of Mumbai at Goregaon and company is totally debt free. It has Rs 170 crore in the liquid investments and further development in the form of fresh construction of 10 lakh sq ft area is going on. HDFC Warrant has a day target of Rs 122 and stop loss of Rs 102. This one warrant entitles the warrant holder to subscribe for 1 share of HDFC at Rs 600 in August 2012. So whatever increase we are seeing in the share price is equally getting reflected in to the warrant also. In fact if you see now warrants are ruling lower than the share price, share are ruling at Rs 710 and if you minus Rs 600 it should rule at Rs 110 but ruling at about Rs 105. So, very good investment play from a 6 months point of view but day target has been given at Rs 122.

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Jagannadham Thununguntla of SMC Global
Sell Alstom Projects with a day target price of Rs 309.10. On the back of poor results, the company has surprised the market with Rs 4 crore losses and even the growth has been very slow. I think the stock should come under pressure with a day target price of Rs 309.10.
Buy Kale Consultants with a day target price of Rs 161.90. Already the buyback announcement has given the fillip to the stock and the announcement that the Copa Airlines has selected Kale Consultants for the consultancy projects should give additional momentum to the stock. The stock is selected with day target price of Rs 161.90 on the buy side.
Buy PTC India Financial Services with a day target price of Rs 15.78. The stock has been under tremendous pressure for the last three-four months and the stock went below Rs 10 the face value, the stock is in the reversal mode and the company