In CNBC-TV18's popular show Bull's Eye, AK Prabhakar, Independent Advisor shares his trading strategies for the day.
Rural Electrification Corporation (REC) has corrected in the last three months after the coal issues and now the stock to rally. It is one of the biggest gainer in this settlement almost gaining 18 percent. Valued by at these levels and technically also the stock looks good for a very short term move.
KEC International with government focussing on transmission and distribution this T&D company would do very good and they are very diversified and they have a very good global presence. KEC is a triangle breakout also. So in days and months to come KEC would outperform the market.
Sintex Industries came with a fantastic result and their textile division showed a very good growth and last year Earnings per share (EPS) was 10.77. In the forward 15-16 is possible in the full year with government focus on cleaning and moulded and other things.
Coromandel International is a triangle pattern. The stock corrected due to recent floods in Andhra but this being a very strong management the company will bounce back and the stock is likely to do very good in days and weeks to come.
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