Buy Pantaloon Retail, Sun TV Network, Amtek Auto: Tater

In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day

I am going long on Pantaloon Retail for a target of Rs 156 with a stop loss of Rs 144. This stock made a recovering in the late day’s trade despite market fall and we feel there is a likely positive news that is expected in short timeframe. Thus, go long on this particular stock for a target of Rs 156 with a stop loss of Rs 144. Sun TV Network is a short from our side for a target of close to Rs 340 mark with a stop loss of Rs 409. We suggested that once that Rs 455-450 zone is breached, there is a likely possibility that the stock gets distributed to Rs 323 levels. Thus, one can take a positional stop loss of Rs 409 and remain short on this particular stock for a target of Rs 340 levels.
I am going long on Amtek Auto for a target of close to Rs 70.50 with a stop loss of Rs 62.40. It is a technical call from our side.
I am also taking a rollover from yesterday’s trade, IVRCL for a target of Rs 20.50 with a stop loss of Rs 18.50.