Buy Wockhardt, Tech Mahindra, LIC Housing: Abhishek Agarwal

In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal of Fortune Interfinance shares his trading strategies for the day.

I believe the selling in Wockhardt has been overdone for quite sometime. The stock has fallen all the way from Rs 2,000 to about Rs 800. It seems that this is a great opportunity to now buy the stock and keep it for long-term. There is a possibility that that stock actually can move beyond Rs 1,000 within some time.
One may buy Tech Mahindra with a target price of Rs 1,220 and a stop loss of Rs 1,165. Tech Mahindra has been consistent over a period of last one year. The performance on Q-o-Q basis has been very good. The stock at the same time has performed brilliantly. I think it is one of the best stocks to own in IT sector for the midcap.
One may buy Yes Bank with a target price of Rs 455. It is one of my favourite pick in the midcap banking stock. The recent fall again can be capitalised as an entry point for the long-term investors. The stock has always been an outperformer against top banking stocks. In the midcap it is one of the best pick one should own.
One may buy LIC Housing Finance with a target price of Rs 225. It has fallen recently quite sharply. It seems that most of the negative is now over for the stock and it should see a renewed buying interest from the traders.