Buy Phillips Carbon, Century Textiles, RComm: Agarwal

In CNBC-TV18's popular show Bull's Eye, Abhishek Agarwal, Fortune Interfinance shares trading strategy.

Buy Phillips Carbon Black with a target price of Rs 118 and a stop loss of Rs 110. Phillips Carbon Black is trading at deep discount to its price-to-book value and the book value is standing about Rs 170 therefore offering a deep value in the company for the long-term investors. Buy Century Textiles with a target price of Rs 415 and a stop loss of Rs 385. It is an intraday call where the stock has actually crossed its three month high and therefore maybe offering a great potential going forward. It is again a great stock since it has more assets where current market price is not justifying the right value of the stock. Buy RelianceCommunication with a target price of Rs 66 and a stop loss of Rs 61.50. I believe RComm has bottomed out in its stock price and therefore a possibility of great run up is expected going forward. The 2G scam is now a past and the valuation for Reliance Infratel can be a big booster in the valuations where the total valuation is expected to be around Rs 15,000-17,000 crore which can help Reliance to reduce its debt substantially. Buy Tilaknagar Industries with a target price of Rs 68 and a stop loss of Rs 62.50. Yesterday Tilaknagar rose substantially in its closing trades therefore giving a potential again for today’s trade to go significantly higher. Tilaknagar have classic brands like Mansion House Brandy which is top seller in the country. We recommend a 20 percent growth going forward for next year which is again a big number therefore we recommend a buy for long-term investors at this point of time.