Buy Voltas, Unitech, DB Realty: 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 Voltas for a target of Rs 86.50 with a closing stop of around Rs 81.50. Voltas is one stock where the short covering is due and the way it has made a pattern we feel the stock could easily go and test Rs 110. From a positional perspective make a stop loss of Rs 77. So on risk reward perspective this is one stock which can be taken from a positional bet too.
I am going long on Unitech for a target of Rs 29 with a closing stop loss of around Rs 27.25. With the same stop loss on closing basis one should look at a target of Rs 31.25 on the stock. Unitech has been vibrating between Rs 25-35 and with yesterday’s news on this particular stock from promoters’ perspective we feel the stock will see positive trading momentum and thus we are recommending the stock. DB Realty is another stock where we feel there is likely possibility of a momentum being built up. We are going long on this particular stock for a target of Rs 81 and maintain a stop loss of Rs 78 on closing basis. Even from positional perspective we feel the stock would go and test Rs 100 plus mark because it has rich assets. It is just that there have been some issues in the past which is acting as a hindrance on the stock.
Go long on GMR Infra for a target of Rs 20.75 with a closing stop loss of Rs 19.25. We feel GMR is right now consolidating between Rs 17 and Rs 22 and we expect that given the momentum in the midcap and the small cap space this stock would eventually test Rs 22 odd zone from short-term perspective. However, if Rs 22 is taken out Rs 25 is a likely short-term target on the stock.