Buy Dish TV, Aurobindo Pharma, Escorts, Polaris: Joshi

In CNBC-TV18's popular show Bull's Eye, Sharmila Joshi of Peerless Securities shares her trading strategies for the day.

One can buy Dish TV India. Numbers are expected and after two rounds of digitization the improved numbers should start reflecting from this quarter onwards. They have recently launched online initiative. So all in all Dish TV looks interesting to me as a medium-term pick with a level of about Rs 60. For the day I am buying it with a target of Rs 54.50 One can buy Aurobindo Pharma with a target of Rs 226. The stock looks extremely attractive on a valuation perspective. The company has taken several steps to improve their debt situation as well as managed their finances better. This will now increasingly get reflected in their numbers. On the back of that I would buy this stock with a longer term target of about Rs 245. For the day I am buying the stock with a target of Rs 226. One can buy Escorts with a target of Rs 100. We saw excellent sales from the month of September so while that rate is not going to sustain definitely in coming months the management has indicated that you are not likely to see 33 percent growth with a more moderated growth. The numbers that we have seen from Escorts have been excellent for the past quarter or so and a good monsoon means that strong financial performance will continue. One may buy Polaris Financial Technology with a target of Rs 146. Once again we have seen from the IT space a very good outperformance in this quarter and this is likely to continue with Polaris numbers. Again on a valuation perspective it looks quite cheap. It is very close to its 52 week high and I expect for the stock to stabilize at around Rs 146 levels before it makes an attempt to go to Rs 175 levels.