In CNBC-TV18's popular show Bull's Eye, Krish Subramanium of Asit C Mehta shares his trading strategies for the day.
One may buy Jai Corp with a target of Rs 68.70. Here we have seen some momentum based buying taking place in the last two-three weeks and it has steadily been on an uptrend. So we feel that the target could be achieved tomorrow and one could keep a stop loss of Rs 62. One may buy Aptech for a target of Rs 79 and a stoploss of Rs 71.40. Here we have seen some buying taking place in some of these education related scrip’s and Aptech has been on the forefront therefore we feel that the uptrend could continue. One may buy Sun Pharma Advanced Research Company. This has been one of the bellwether stocks in the research space, life science space and it is also a subsidiary of Sun Pharma. It has been reporting consistent good results on quarterly basis and one can keep a stoploss of Rs 141. One may buy JK Tyre and Industries. All the tyre stocks have been on a buying momentum and we have seen their peers also like Ceat doing well. We feel that JK Tyre could go to Rs 151 and it has also shown some breakout today. One can keep a stoploss of Rs 138.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!
