Buy Hathway Cables, Apollo Hospitals, Hexaware Soft: Cunha

In CNBC-TV18's popular show Bull's Eye, Lancelot D Cunha, ITI Wealth Management shares trading strategy of the day.

Buy Hathway Cables. Hathway Cables after falling from its peak of Rs 309 has recently started consolidating at this lower band. In the last few days we have seen some increased volumes actually move the stock price up from its bottom. I believe that with the results around the corner we should be able to see the momentum continue and maybe the stock should move up to hit target price of Rs 268.
Buy Apollo Hospitals. Apollo Hospitals came out with good numbers and also has an encouraging forecast for the future. From a long-term perspective it also seems to be a good buy because it has promoted by strong partners and has the Malaysian investment arm also investing into the company. So this stock could see some increased traction on accumulation as well as accelerated buying which could take it to hit its target price of Rs 869.
Buy Hexaware Software. Hexaware has moved up on volumes and with some informed buying you can see that this trend is likely to continue and it should move upwards to hit its target price of Rs 83.50.
Buy Sadbhav Engineers with a target of Rs 124.20 and a stop loss at Rs 118.10.