In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day.
I am going long on JBF Industries for a target of close to Rs 150 odd mark. The stock pays dividend of Rs 8 and we feel the stock could test Rs 200 from short-term perspective thus 30 percent can be made from even short-term perspective on the stock. I am going long on DCW. We expect stellar quarterly results even this time for the company. We have been recommending this stock right from Rs 14-15 odd mark and we feel the stock could be a true multibagger. Dr Reddy's Laboratories is a fundamental bet which feel we are confident of and the stock could eventually go to much higher levels. Go long on this particular stock for a target of Rs 1,800 from short-term perspective. Go long on Tata Chemicals where we feel a lot of money can be made year on year and it’s a definite portfolio bet from longer term perspective thus one can go long on this stock for a target of Rs 330 on intraday basis and over Rs 400 from medium-term perspective.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!