Buy TVS Motors, Dish TV, Tata Motors DVR: Joshi

In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities shares trading strategy of the day.

Buy TVS Motors with a target of Rs 37.50 and a stop loss at Rs 35.80. We should be hearing from the company about their announcement with BMW. If this announcement extends to the manufacture of a BMW motorcycle in India this could mean a big positive for TVS Motors. So this is a buy for me with a target of Rs 37.50.
Buy Dish TV with a target of Rs 71.50 and a stop loss at Rs 68.80. The second round of digitisation is just over. This was a much larger round than the first one which just covers the four metros. There was general expectation that this round could get a little extended to June but that has not happened, so good news. For the longer-term I would have a target of Rs 85.90 on the stock. For the day I buy it with a target of Rs 71.50.
Sell Idea Cellular with a target of Rs 101.50 and a stop loss at Rs 104.50. There have been a couple of bad news flows for telecom as a whole and for Idea in particular last week when we saw some fine being slapped on the Birla Group Company. So I think Idea is going to open a little soft in trade. I sell it with a day target of Rs 101.50.
Buy Tata Motors DVR with a target of Rs 153 and a stop loss at Rs 147.50. Largely we are witnessing some kind of a pullback in both the two wheeler as well as the four wheeler space. Tata Motors has corrected quite deeply due to a whole variety of good reasons, but now I think a lot of the reasons are in the price so for me Tata Motors DVR is a buy with a target of Rs 153.