Here are Aashish Tater's top trading ideas

Watch the interview of Aashish Tater of fortunewizard.com with Reema Tendulkar and Anuj Singhal on CNBC-TV18, in which he shared his reading and outlook on specific stocks and sectors.Below is the verbatim transcript of Aashish Tater's interview with CNBC-TV18Raymond"Raymond and Bombay Dyeing and Manufacturing Company are kind of qausi real estate companies which have started having lime light and we feel that this could be a restructure which is on the offing. These quasi real estate companies are also proxy bets." "We like Raymond because of technical snapshot along with other strategies that the company is working on. The stock has recouped all its losses that it made in August by the end of yesterday’s trade, Rs 469 was high in August and now it is at Rs 445-450 zone. The interesting aspect is that there have been few deals in the land space where companies who were willing to exit are getting decent prices, not aggressive pricing but decent prices to exit and Raymond has been looking to exit its Thane land. We feel that this could be a good trigger because there are major players who are looking to buy at a price which is appealing to both the sides in various asset classes in real estate across Maharashtra as well as Mumbai and other areas like Bangaluru. It means that if the management is serious on getting an exit, this could be a right opportunity for them to get an exit," he said. "When we were looking at their PPT presentation and also looking at their brand strategy, they are now shifting their focus into high margin premium business than the makers which is the 300 sub-clothing business. So, the transition shift is very big, we feel at a brand value of Rs 2,600 crore, you are getting a company of Rs 5,000 odd crore sales and with the Thane land deal, if it happens, we feel the debt will almost go off from the balance sheet and then people will start looking at it on a basis of enterprise value (EV) where the debt is almost negligible. So, from that angle it is a huge rerating candidate." He further said, "All we are waiting for a fresh triggers and the way snapshots are now carving out, we feel that Rs 580 will be the first target that we see over next three to six months timeframe. And eventually if anything happens on the land side, that would be an added bonus where the stock could go to much higher levels. So, this is a good stock from trading ranges and also from these re-development that has happened over the last few weeks."Dredging Corporation India"Dredging Corporation India could be a very interesting play. Small changes can take this stock almost to double levels. With Rs 1,000 crore market cap, the government public sector undertaking (PSU) which is almost a monopoly in the PSU space is available at mouth-watering levels. At Rs 370 Dredging Corp has a Rs 1,000 crore market cap with Rs 300 crore to be released from what they have expanded in the Sethusamudran project, because that project was stuck. So, you are getting back that Rs 300 odd crore may be in the next three months or six months. But that will change the entire requirement for the company in terms of working capital as well as capital expenditure (Capex)." "There have been a very smart move by government of India in order to revive PSUs, stabilise PSUs or even expand the concept of making it a competitive edge. Yesterday, news on Shipping Corporation of India (SCI) was very interesting. If it passes on, then this could be a very big thing. We identified similar patterns when SCI was around Rs 50-55 and we had a target of Rs 72-77. Based on those patterns only, our model suggests that Dredging Corporation could be the next move from government’s side where a lot of orders can come in because of the Ganga Namami project. There was a news four or five days ago that the Clean Ganga Project has not been able to do anything so far. But going forward, the road map is set, Rs 30,000-40,000 crore needs to be expanded over next three to four years. A large part of that is on the Dredging side, somewhere around Rs 4,000-5,000 crore should come into the PSU because we are working with Rs 60 percent of the order flow coming to Dredging. So, that could be one big trigger which is off the balance sheet right now," he said."The company will be able to do Rs 18-20 of earnings per share (EPS) next fiscal and trading at 20-25 times. It has been trading in the range of 24-25 times price to earnings ratio (PE) forward. So, that takes the company to Rs 470 odd levels with Rs 300 crore coming back to the balance sheet. That will be added back in terms of analysts estimate. It can take the stock further higher.""There are some key triggers that are being awaited, but once that materialises, the price will not be here, what it is trading at. So, it is better to take a small bet at current level and let the development happen and accordingly increase the position in the stock as and when the situation arises. But we feel that this stock from that angle has got limited downside because it is hovering between Rs 330 and Rs 450 zone. So, from risk reward perspective, we feel there is very good potential upside compared to downside. So, on a risk reward front also it looks very interesting," he added.