Your stocks: Investment ideas by market experts

Watch the interview of Mayuresh Joshi of Angel Broking and Nooresh Merani of Asian Market Securities with Surabhi Upadhyay & Nigel D'Souza on CNBC-TV18, in which they shared their reading and outlook on market and specific stocks.

Nooresh Merani of Asian Market SecuritiesTD Power SystemsLooking at TD Power Systems technically, it was holding around supports of Rs 260 to Rs 280 for a long time which has broken in the last few weeks. So technically it is in a downtrend and if the investors does not have a long-term view, I would suggest an exit at current levels or any rise to Rs 240-250. So unless the investors have a view of more than one to two years, I would suggest an exit at current levels.Camlin Fine Looking at Camlin Fine Sciences, over the last couple of years the range has been closer to Rs 75-80 as a support zone and Rs 120 odd has been a resistance, so I believe this range could stay for quite some time and unless the investors have a view of one to two years, I would suggest an exit whenever the stock bounces to Rs 90 to Rs 100 levels and whenever it comes down closer to Rs 75-80, this would be an entry point, but do not expect any great events over the next three-six months, so suggest an exit at Rs 90-100.Tata Motrs DVR Tata Motors and Tata Motors DVR have made a double bottom closer to the recent low, so somewhere closer to Rs 210 to Rs 220 was a good double bottom for Tata Motors DVR and the trend is up on the extreme short-term. So in the near term there would be a target price, if one has a view of two-three days, of Rs 260 and given that the stock has already moved up a bit today, the investors can take the stoploss which was earlier at Rs 235 to closer to Rs 244 and ride down the move for the next two days. Mayuresh Joshi of Angel BrokingHindalco IndustriesThe kind of weak business environment that we are seeing in terms of end realisations either for aluminium or copper or zinc for that matter, I think those realisations are expected to remain soft over the next few quarters on multiple counts; what is happening with China, the LME inventory levels are at record high levels and though production cuts have started happening in the recent few weeks, is not going to justify the kind of demand, the contraction that we are witnessing in the end-user industries and that is a clear reflection in terms of how the pricing has panned out. So aluminium per tonne is closer to USD 1,500 mark and it has corrected significantly even alumina prices are down significantly on a quarter-on-quarter and year-on-year basis. So what has happened in Hindalco Industries in terms of their capex, I think a large part of their capex specifically related to Novelis is largely over and we are expecting huge amount of positive cash flows to start generating over the next few years and the management is very hopeful in reducing their net debt to equity specifically on its overseas operations and even on consolidated scale. On Novelis the management is hopeful of increasing the part of the auto component share to around 25 percent of the total revenues that Novelis generates. So there was a long drawn out plans but from an immediate medium-term perspective the pain related to realisations in terms of how demand and volume growth will pan out, still persists though the ramp up has happened in Mahan as well as Aditya and Utkal is working at optimal capacity. We still believe that the end realisation will still remain soft unless there is huge amount of spike either coming through from demand perspective or realisation improving because of operating leverage. So we are neutral at this point of time but the investors need to hold on for at least two-three years, if one needs to have a positive traction and expect or hope for the commodity cycle to turn for better in the next few quarters.