Sell HDIL, Jain Irrigation, REC, Unitech: Tater

In CNBC-TV18's popular show Bull's Eye, Aashish Tater of fortunewizard.com shares his trading strategies for the day.

One can sell Housing Development and Infrastructure (HDIL) for a target of Rs 35. We feel HDIL could be a stock where it is likely to test its 52 week low in days to come. We recommended this stock as a short with a positional stop loss of Rs 42.70 and the stock is giving returns. We feel now another 10 percent can be made in a day or two.
One can sell Jain Irrigation Systems. Purely based on technical factors the stock seems likely to test Rs 43.80 in days to come. However, for intraday perspective look for a target of close to Rs 46.50.
One can sell Rural Electrification Corporation (REC) for a target of Rs 190, purely based on technical factors where we feel that stop loss of around Rs 202 should be put on intraday basis.
One can sell Unitech where we feel a target of close to Rs 19 is likely achievable. The company is having its own problem and more issues on promoter front is coming up. This particular company is already lacking in terms of execution for almost all of its projects which are running late by six to eight quarters. We feel that this is one stock that can be sold for an eventual target of Rs 15-16 mark.