Buy Eros Intl, Jyothy Labs, Hathway Cable: Joshi

In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Peerless Securities shares trading strategy of the day.
 
Sell United Spirits with a target of Rs 1,790 and a stop loss at Rs 1,820, post the fact that its Diageo merger is taking time and a lot of uncertainty has come around it. I think that the stock while it had a very sharp run up has the potential to correct upto Rs 1,750. So, I sell it for the day with a target of Rs 1,790.
 
Buy Eros International with a target of Rs 214 and a stop loss at Rs 205. We have seen the stock consolidate in this range for the last couple of months and I think even if you look at it operationally the kind of releases that it has had last year as well as what it has got coming forward make me quite optimistic about the outlook of the stock. I would expect a 15-20 percent from these levels, for the day I am buying it with a target of Rs 214.
 
Buy Jyothy Laboratories with a target of Rs 159 and a stop loss at Rs 154. This company as you know is in fabric care and household insecticides etc. The kind of brands that it has acquired as well as the potential turnaround of Henkel makes me quite positive on the stock. I would buy it with a longer term target of close to Rs 185, for the day I am buying it with a target of Rs 159.
 
Buy Hathway Cable with a target of Rs 280 and a stop loss at Rs 273. The digitisation round two is now being rolled out and March is the last date and as we get closer to that date we will see the momentum pick up and I think that as a theme whether it is a Dish TV, whether it is a Hathway, I think they are attractive buys, within that space I would prefer Hathway. So, this is a stock that I bought for the day with a target of Rs 280.