Buy Titan, Apollo Hospitals, Delta Corp, Pidilite: Jajoo

In CNBC-TV18's popular show Bull's Eye, Vishal Jajoo of Nirmal Bang Securities shares his trading strategies for the day.

One may buy Titan Industries. If one looks at the graph of gold prices and compares it with the share price of Titan Industries over the several years, there is a strong positive correlation more than 90 percent. Gold prices are now touching more than their 5 week high levels and Titan Industries has failed to participate in this rally. This gap will catch up and will see Titan Industries getting re-rated on the back of this recent announcements which is positive for the sector as well as the company. Titan can provide a decent upside in the short run. One may buy Apollo Hospitals on the back of the latest announcements of an investment taking place in the company. It os one of the companies which has been performing relatively well in the sector and plus the latest announcement taking place in the company. Therefore a buy call on Apollo Hospital. One may buy Delta Corp with a target price of Rs 82.50. The only listed gaming company in the country has three out of six gaming licences, then this year would be the year to reap the harvest, what the company has been doing over the last several years and this year would definitely reflect an exponential surge in the profits of the company on the back of improved revenues because of the surge in the gaming capacity. One may buy Pidilite Industries. A classic example of consistency in earnings, strong promoter holding of 70 percent, debt free structure and effectively leveraging the brand that the company has established over the last several years.