Buy Power Grid, Lupin, Petronet LNG: Sharmila Joshi

In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi, Fairwealth Securities shares trading strategy of the day.

Buy Power Grid with a target of Rs 125 and a stop loss at Rs 120. Here we have a company where you have great clarity on their capex plans going ahead. They are one of the companies that completed all their capex for the last year the 11th plan and for the 12th plan also they seem to be pretty much on line. So, I think given that visibility I think they had about Rs 1 lakh crore of which Rs 70000 crore orders are already given the last being the one that they gave to Alstom a couple of days ago. Buy Lupin with a target of Rs 588 and a stop loss at Rs 565. This stock will get included from next month in the Nifty. Apart from that the kind of pipeline that they have, they are talking of introducing 100 products, etc so looking at both these things and the appetite that investors, new found appetite that we have seen for healthcare and pharma to my mind puts the stock in the spotlight. Buy Petronet LNG with a target of Rs 158 and a stop loss at Rs 151.80. Once again I think this stock has a potential to go to about Rs 170-175 levels. This is a stock that benefits from the mismatch in the gas demand supply equation that we see. They again have a very strong capex plan to go from about 10 million tons to about 17.5 million tons where they are seeing a commissioning at regular intervals. Buy Shriram Transport with a target of Rs 628 and a stop loss at Rs 613. Once again we have seen decent results from the company and I think going ahead the management has spoken of growing their loan book at a pace of about 10-15 and I think that puts a very good visibility on their earnings going ahead.