Buy Siemens, Apollo Hospitals, MphasiS: Saurabh Mittal

In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal of Swadeshi Capital shares his trading strategies for the day.

I have a short call on Divis Laboratories with a target of Rs 950 and a stop loss of Rs 990. It had decent results but the stock has consolidated but it is showing negative bias. It also fell in yesterday’s trade and there might be some more downside to it as the whole sector is looking weak.
I have a buy call on Siemens with a target of Rs 603 and a stop loss of Rs 582. It had a decent run yesterday. The capital goods space is looking weak but Siemens seems to be consolidating and there could be further upside although the stock is down from its highs substantially.
I have a buy call on Apollo Hospitals Enterprises with a target of Rs 980 and a stop loss of Rs 945. It had decent results and is looking to expand adding almost 1,000 beds in the next 18 months. This stock has some upward potential from this level.
I have a buy on MphasiS with a target of Rs 510 and a stop loss of Rs 475. It has been in the news yesterday that HP is looking to sell its stake in MphasiS at a substantial premium to the market price and this should give a fillip to the stock in trade today as well.