Buy IRB Infra, Polaris, LIC Housing, Tata Motors DVR: Joshi

In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi of Peerless Securities shares her trading strategies for the day.

One may buy IRB Infrastructure Developers  with a target of Rs 103. We have seen this stock take a beating along with the rest of the infra space but we have seen some amount of buying coming in. A lot of the negatives are priced into the stock at this point in time and their overall model where their BOT as well as toll looks good to me in the long run. I would buy it with the longer term target of Rs 120 plus, for the day with a target of Rs 103. One may buy Polaris Financial Technology. I would buy it with a target of Rs 116 and a stop loss at Rs 112. It is a good midcap IT company which is available at decent valuation. It is a buy for me with a target of Rs 116. One may buy LIC Housing Finance with a target of Rs 243 and a stop loss at Rs 236. We have seen consistently good numbers from LIC Housing Finance. I have a longer term target of about Rs 280-290 on the stock. For the day I would buy it with a target of Rs 243. One may buy Tata Motors (DVR) with target of Rs 140 and a stop loss at Rs 135. We have seen this stock take a bit of a beating on the back of the strike news at JLR which was done by their contract but we have heard of good numbers coming from JLR and this bound to put some cheer back into Tata Motors. On the back of good monthly numbers reported by JLR I have a buy on Tata Motors (DVR) with a target of Rs 140.