Buy Godrej Ind, Rel Ind Infra, Rel Power: Parag Doctor

In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital shares trading strategy of the day.

Buy Godrej Industries Ltd. It has started an uptrend after forming a base between Rs 290-300 levels. The stock is likely to move up in the short-term to an immediate target of Rs 319 and can be bought with a stop loss of Rs 309. In the medium-term Godrej is likely to move to a higher level between Rs 330 to Rs 340 levels.
Buy Reliance Industrial Infrastructure. It has started a strong move in the short-term after forming a very strong base between Rs 420-430 levels. The stock in the immediate term is likely to move to a target of Rs 468 and can be bought with a stop loss of Rs 448. If Reliance Industrial Infrastructure crosses the peak of Rs 480 which is a strong resistance, it can move in the medium term to a target around Rs 525 levels.
Buy Reliance Power. It has started an uptrend after forming a base around Rs 85-90 levels. The stock is likely to move in the immediate term to a target of Rs 100 and can be bought with a stop loss of Rs 95. In the medium term if Reliance Power crosses a resistance around Rs 102, it can move up to a high between the Rs 108-110 levels.
Buy Zee Entertainment. Zee has been one of the strongest stocks in the media sector and has been making new 52 week highs. The stock is likely to move in the immediate term to target around Rs 214 and can be bought with a stop loss of Rs 201. The base for Zee is around Rs 180 which is likely to propel the stock to a medium term target around Rs 230-240 levels.