Buy Fresenius Kabi, Tech Mahindra; sell Titan Ind: Agarwal

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

One can buy Fresenius Kabi Oncology with a target price of Rs 155 and a stop loss of Rs 140. After SEBI allowed the company to get delisted, the stock has actually seen a renewed interest from the traders and the stock was really up despite bad market. I think this trend should continue for some more time and the stock should be going much higher than the current target price for the day. For the medium-term I am very bullish on the stock. One can buy Tech Mahindra with a target price of Rs 1,275 and a stop loss of Rs 1,195. This is one of the very good stocks to own in the IT space, especially in the midcap. After RBI tightening measures it seems that financial sector would see some sort of pressure going forward. IDFC cracked yesterday more than 8 percent in a single day. Again I believe that this kind of pressure would continue in going forward times, therefore it is a sell call. One can sell Titan Industries with a target price of Rs 245 and a stop loss of Rs 265. The valuations just does not justify with the trading and therefore I believe that going forward Titan Industries would definitely go much below than today's target price. It is a sell call from medium-term.