Check out: Top chart picks by market experts

Watch the interview of Hemen Kapadia of KR Choksey Securities and Shahina Mukadam, Independent Market Expert with Sumaira Abidi & Ekta Batra on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.Below is the verbatim transcript of Hemen Kapadia of KR Choksey Securities and Shahina Mukadam, Independent Market Expert interview with CNBC-TV18: Shahina Mukadam, Independent Market ExpertAshok Leyland and Dish TVFrom a medium to longer term perspective and also form the shorter term, I would prefer sectors like auto. You have something like a Dish TV. There is a lot of things happening in these sectors which I believe are not only giving them good movement in the shorter term stock price, but in the medium to longer term. Auto stocks are benefitting both from consumer demand that is likely to come in with the economy moving up as well as with lower oil prices. Now, in this segment, I would prefer a pick like Ashok Leyland which I personally also hold. In the last two years, we have seen a big demand that is coming back in the commercial vehicle (CV) segment. The stock has moved up a lot. So, as of now, it is consolidating, but I believe if the investor is looking to enter in maybe slightly lower prices, Rs 2 lower prices, Rs 3 lower prices, for the medium to longer term, one can expect a good return. So, my first pick would be something like an Ashok Leyland which is basically a consumer discretionary stock in my view. Basically, it would be something like a target price of Rs 120 for the longer term two year and a shorter term Rs 92 stoploss. The second one Dish TV where the government is giving a lot of boost by in fact some of the policy changes that have happened. They are allowing greater foreign direct investor (FDI). Immediately of course it is not a real direct benefit because this stock holding of the promoters is even as of now, much higher and the foreign institutional investors (FII) are holding much lower than what they can already. So, giving it a 100 percent FDI increase will not be an immediate impact, but I think it is a longer term benefit, but the debt remains high. It would be something that one would be looking at in terms of higher FII inflows into the stock. And also this impact on the stock price. Fundamentally, if you look, the company has over 13 million subscribers and I believe it is doing pretty well in terms of performance. When we saw the last quarter numbers, we saw a very good earnings before interest, taxes, depreciation and amortisation (EBITDA) margin improvement and the profit after tax (PAT) improved almost about 60 percent year-on-year (Y-o-Y) basis. So these are the two stocks that I would recommend. Dish TV one can buy with a target of Rs 125 with a stoploss of about Rs 95. So, these are deep stop losses as well as higher target prices.Pharma stocks The largecap pharmaceutical stocks have corrected substantially whereas the midcap pharmaceutical stocks have not. So what has happened is in fact the valuation between the two is substantially decline. The differential that was existing. So having said that, I would prefer in the midcap space something like Alembic Pharma, which I also continue to personally hold basically in this the valuations are lower than the largecaps. It is a fast growing company in the pharmaceutical space. They have got number of approvals that are lined up for the US FDA, which are likely to come through in the next one-two years. The company has been delivering, which has been reflected in the stock price movement. At the same time it is correcting a bit, I would prefer buying it on corrections but I would say a target of about Rs 750 in a one year target price and maybe a stoploss of Rs 640 is advisable given the volatile market conditions. One should look at the large pharmaceuticals also something like Dr Reddy's Laboratories (DRL), the correction has been of almost Rs 1,000 in the last very short-term and maybe Rs 3,000 is something like I would say a strong support level. What I would advise is maybe one can get into something like a largecap pharma, keep Rs 3,000 on DRL as a stoploss. In case it goes down then you get out of it because then the issues at the US FDA are raising are likely to escalate the downside but at the same time if things are sorted out then the upside is pretty good.DLF and Godrej Properties Real estate is a high risk sector and it is a high beta sector. At the same time, I would pick two stocks, DLF as well as Godrej Properties. Both are in the news as of now and both have positives going ahead. In DLF there are positives in terms of debt that was very big problem for the company trying to be bought down substantially. So there are measures being taken and it is positive and the stock is finding very good support above Rs 100 level. So there is a short-term upside that is possible at about Rs 125 over a short-term period. So if one is looking to enter into real estate for the shorter term, I think DLF would be a good pick. Godrej Properties is another one which is again a news-based for the day but at the same time again there you will see the debt which was largely driven by the Bandra-Kurla Complex (BKC) property and having sold that property for about Rs 20,600 crore in the recent past. The company's balance sheet has become very strong. Today's recently announced project for Vikhroli is likely to bring in substantial amount of additional cash flow. So I think these things are very positive for the company and one can get into Godrej Properties with a stoploss of about Rs 300 and a target price of about Rs 360. There is housing finance companies where there is a lot of change that is happening, bank rates are coming off. You have good demand coming in because of the Prime Minister's initiative. I think LIC Housing and HDFC would be good long-term bets, both are doing well and I think he can look to enter these as a portfolio investment.Motherson Sumi and Automotive Axles Motherson Sumi Systems has taken a big hit in the last couple of months but now it has corrected a huge amount in the last six months. As of today, the stock is consolidating, it is likely to again not maybe move up to its higher levels from which it has started correcting but I would say that the business prospects remain good given that the international business, US business is doing pretty well, Europe business is doing pretty well, I would say that from these current levels, the stock has the potential to bounce back to about Rs 350-370 levels. The investor can get into it, keep a stoploss of Rs 265. I believe the correction that was due, is over and done within the stock. Automotive Axles looks like a decent bet given the fact that it is a strong player in the segment and also with a strong tie-up and the Kalyani Group being there, it has got a good upside going forward, very good numbers in the first half, I would give a target price of Rs 850 but I would put a stoploss of Rs 670 because it is a midcap small auto ancillary company.NBCC NBCC has been performing stock and they continue to get projects from the public sector undertaking (PSU) space, redevelopment as we all know there is lot of space with PSU companies and the government, one of the way is that they are trying to monetise the assets that these PSUs have the land bank and NBCC is at the forefront of getting these contracts. The downside is very limited. So one can get into it and hold on for the medium to longer term. Not too much of risk in the stock.