Buy Ambuja Cement, BF Utilities, Heidelberg: SP Tulsian

In CNBC-TV18's popular show Bull's Eye, SP Tulsian, sptulsian.com shares trading strategy of the day.

Buy Ambuja Cements with a day target of Rs 197 and stop loss of Rs 189. The buy call on the stock has been given because huge delivery based informed buying is seen in the stock yesterday and stock having touched 52-week high also makes it technically a buy.

Buy BF Utilities with a day target of Rs 450 and stop loss of Rs 430. The stock as given a technical breakout and the stock looks to be a good infra stock having good quantity of real estate in Bangalore along with the infrastructure in the city and hence a buy call.

Buy Heidelberg Cement with a day target of Rs 43.50 and stop loss of Rs 40.70. Lately because of the good numbers having posted by the mid-sized cement companies, all the mid-sized cement companies are in focus and this stock particularly is witnessing informed and value buying ahead of the capacity expansion and margin improvement in the coming quarters and hence a buy call.

Buy HDFC Warrants with a day target of Rs 117 and stop loss of Rs 111. This is a good arbitrage play over HDFC shares where the effective cost of shares will be lower by Rs 8-10 and these warrants are available for trading up to 16th August and since HDFC has given a breakout and ruling new high hence it is better to buy this warrant instead of the stock.