Axis Bank is the strongest of the banking pack: Sandeep Wagle, APTART Technical Advisory Services

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, in a chat with ET Now talks about his stock picks.

You spoke about Sterlite and Hindalco, you have a sell on Hindustan Zinc as well and a couple of other sell calls. In fact Aban Offshore is another stock that you are recommending a sell on, take us through these.

Hindustan Zinc when I was sending the report, it was around 1185 to 1195. It is a level where we want to sell this. Currently it is at 1157 something. Stop loss of 1210. So every rally it is a sell and a target of 1140. I expect this to happen in the next four to five trading sessions.

Aban Offshore, we are expecting a target of 1120 in the next four to five trading sessions. We had a buy in Axis Bank between 1278 and 1270. Axis Bank is the strongest of the banking pack and the market was to go sideways or consolidate a bit, this stock can move on the upside and we have a buy in one midcap stock.

Panacea Biotec in the range of 233 to 230, stop loss of 225.50 and a target of 248. Basically next five to seven trading sessions playing for 5% upside.