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Bull's Eye: Buy Crompton, MMTC; short Tata Steel, Hindalco

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.

January 06, 2012 / 14:52 IST
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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 stocks ideas not just for the day, but stocks that look attractive in the medium-term as well. This week, SP Tulsian, Nooresh Merani and Aashish Tater battle it out for top honours. Below their top stock picks and analysis: SP Tulsian, sptulsian.com Buy HDFC Warrants with a target of Rs 94 and keep a stoploss at Rs 78 Buy HDFC Warrant with a day target of Rs 94 and stop loss of Rs 78. This warrant entitles the traders instead of buying HDFC shares if somebody buys these warrants in fact the same profit will accrue on per unit basis. Suppose if HDFC shares moves up by about Rs 15 in a day, even HDFC Warrant will move up by an equivalent amount because the difference between the share and warrant has shrunk to as low as Rs 13-15. It is a very good arbitrage play for the traders to play in this stock. Buy National Fertiliser with a target of Rs 71 and keep a stoploss at Rs 63 Buy National Fertilizers with day target of Rs 71 and stop loss of Rs 63. This is the repeat of yesterday
first published: Jan 6, 2012 11:32 am

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