Buy Crompton Greaves, Exide Ind, Tata Global: Tater

In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day.
 
I am going long on Crompton Greaves for a target of Rs 128 and an eventual target of Rs 155 from medium-term perspective. The stock made a technical ‘w’ and if I am buying the fundamentals for this particular stock, we feel the worst is over for this stock around Rs 112-113 where we feel a positional stop loss should be kept.
 
I am going long on Exide Industries. Amara Raja Batteries was a stock where we had a bullish call and it performed exceptionally well. Now Exide, with the management guidance we feel there is a likely possibility that the stock will go and stabilise around Rs 160 odd mark which is roughly 10 percent higher from current levels and we feel with the stock getting rerated this stock could test Rs 185 to Rs 190 levels in the medium-term. Remain long on this particular stock with a positional stop loss of Rs 138. However for intraday I am going long on this particular stock for a target of Rs 155 with a stop loss of Rs 140.50.
 
I am going long on Sintex Industries for a target of Rs 70 with a stop loss of Rs 66. We have a target of Rs 75 and eventually Rs 85.50 on this stock which we feel with a positional stop of Rs 63 should be taken care of. However for intraday traders a stop loss of Rs 66 is applicable with that stop Rs 70 is the first target and Rs 75 in the medium-term. 
 
Tata Global Beverages is a long call where we feel the stock could test Rs 240-250 levels from next six-eight months perspective. It is a portfolio bet. We recommended Tata Global at around Rs 95 odd mark and we have been maintaining positive view on this particular stock since then. Now the stock has been moving between Rs 155 on downside and Rs 170 on the upside. We feel there is a likely possibility that the range would be taken out soon and the stock could test Rs 190 in the very short-term. Thus remain on this stock from a positive view with a stop loss of Rs 155 on closing basis for intraday target of Rs 170.