Buy Jain Irrigation, Bharat Forge, Jyothy Lab: Mirani

In CNBC-TV18's popular show Bull's Eye, Nooresh Mirani of AMSEC Research shares his trading strategies for the day.

I have a buy on Jain Irrigation Systems. The stock has given flag breakout above Rs 70 and the volumes have picked up over the last few sessions. We can expect the stock to touch Rs 75 in the day and a target price of Rs 80 in the short-term. One can keep a stop loss at Rs 67 for this trade.
I have a buy call on Tata Global Beverage. After making double bottoms around Rs 120-125 zone the stock has given a flag breakout which has a target implication of Rs 165 in the short-term. My intraday target price for the stock would be Rs 155 and a stop loss at Rs 144.
I have a buy on Jyothy Laboratories. The stock has given a huge cup and handle breakout, which has a medium-term target implication of around Rs 250. The breakout happened around Rs 195 levels, so one can expect a quick move towards Rs 210 in the next couple of sessions. One can keep a stop loss at Rs 190 for this trade and a medium-term target at Rs 250.
I have a buy call on Bharat Forge. The stock is making a small triangle, which has a breakout around Rs 245-248 levels. Once that level is crossed we can expect a move towards Rs 255 in the day. This could be an intraday trade with a target price of Rs 255 and a stop loss at Rs 235.