Buy Sarda Energy, 8K Miles Software, Raymond: Pankaj Jain

In CNBC-TV18's popular show Bull's Eye, Pankaj Jain of Sunteck Wealthmax shares his trading strategies for the day.

One can go long in Sarda Energy and Minerals. All these companies which were affected due to coal mining judgement saw a strong bounce back in last half an hour of the trade yesterday. Sarda Energy & Minerals was one of them. With the Supreme Court talking in a softer manner with regards to mines which are already operational, we could see some further bounce back in these kind of scripts.

One can go long in 8K Miles Software Services. This script has done tremendously well in last about 10-12 trading sessions. Already it has appreciated by closer to more than 50 percent and the kind of momentum that was seen in the stock even in yesterday’s trading not to forget that the day before this weekend, the stock closed at a buying circuit. Taking the momentum that was seen in the stock, it closed almost at its high point of the day.

One can go long in Raymond. This stock closed at a very strong positive momentum almost at high point of the day and also at a new 52 week high. This stock has been in demand for last couple of months and the out performance that has been seen in the stock in last few weeks would continue and the stock could move much higher.