Sell Adani Power, Adani Port, Allahabad Bank: Tater

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

The first stock for the day is a short from my side. Short Adani Power. Closing stop Rs 62.50, target Rs 58 and eventual target of Rs 55.

Adani Ports is another short where we feel a stop loss of Rs 155 should be placed for a target of Rs 144 and Rs 138 from short-term perspective.

Short Allahabad Bank, stop loss of Rs 166 should be maintained for an eventual target of Rs 155.

Pantaloon Retail is fourth short from my side with a closing stop of Rs 255 for target of Rs 240 on the stock.