Sell BPCL below 499 with a stop loss of 505; sell CESC below 392 for a target of 382: Rohit Shinde

Rohit Shinde, Asst VP, Technical Research, CD Equisearch Pvt Ltd talks to ET Now on stock recommendations in this weak market.

One trade perhaps even in this weak market that you would advise clients?

What I can see is that the sectors which are very weak right now like infra, auto and PSU, so within that I would recommend BPCL, a sell below 499 for a target of 488 with a stop loss of 505.

Second stocks I would recommend something like a Neyveli Lignite, then sell it below 148 for a target of 143 with a stop loss of 150.

Third stock which I would recommend would be CESC, power goods stock. Sell below 392 for a target of 382 and a stop loss of 397.