Buy SREI Infra, Sun TV, Videocon: Tulsian

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

Buy SREI Infrastructure Finance with a day target of Rs 39 and stop loss of Rs 37. The stock is seen to be a good beneficiary of the Budget because of focus on infra financing as also seen banking license hopeful and because of that the share has been witnessing buying for last four-five days. Buy Sun TV Network with a day target of Rs 440 and stop loss of Rs 423. Media stocks seem to have come back on focus and this stock has seen renewed buying interest at the lower levels. Buy Videocon Industries with a day target of Rs 208 and stop loss of Rs 199. This stock has seen good amount of buying by the informed circle when it corrected yesterday and this is seen as a support having lent by the informed circle on the hopes that the company soon likely to divest its stake in its oil and gas overseas portfolio for over USD 2 billion, which will be seen quite positive for the stock. Buy Hathway Cable and Datacom with a day target of Rs 262 and stop loss of Rs 250. Media stocks seem to be back in focus and this stock has seen buying from the informed circle on the better future ahead.