Stock Market

Bull’s Eye: Sell Bata, Marico; buy UPL, Gruh Finance, Havells

CNBC-TV18 brings you a brand new week of Bull’s Eye. It’s the 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, Manish Sharma, Krish Subramanyam and Sarvendra Srivastava battle it out for top honours.

Below their top stock picks and analysis:

Manish Sharma of derivativetradingresearch.com

Sell Petronet LNG with a stoploss at Rs 237 and target of Rs 251

Sell Jubilant Foodworks with a stoploss at Rs 1180 and target of Rs 1100

Sell Bata India with a stoploss at Rs 510 and target of Rs 450

Buy Union Bank of India with a stoploss at Rs 120 and target of Rs 132

Krish Subramanyam of Altamount Capital

Buy Gruh Finance with a stoploss at Rs 232 and target of Rs 243

Buy Lloyd Electric with a stoploss at Rs 204 and target of Rs 215

Buy Havells India with a stoploss at Rs 277 and target of Rs 290

Sell Motherson Sumi with a stoploss at Rs 246 and target of Rs 232

Sarvendra Srivastava of phisense.com

Buy UPL with a stoploss at Rs 433.4 and target of Rs 458.4

Buy Union Bank of India with a stoploss at Rs 122.4 and target of Rs 129.8

Sell Marico with a stoploss at Rs 242.4 and target of Rs 231.1

Sell Eicher Motors with a stoploss at Rs 19566 and target of Rs 18761