Sell Indiabulls Real Estate, Suven Life Sciences: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "I would go with a sell in Indiabulls Real Estate, stop loss of Rs 207 and target of Rs 189. On a bounce back for a bounce back I would go with a buy in UPL, stop loss at Rs 819 and target Rs 870."

"I don’t see that kind of a strength in Suven Life Sciences. Any move towards Rs 180, I would recommend to book out because I don’t see the stock going beyond Rs 300."

"In terms of Amtek Auto I see some signs of bottoming out in the lower range of around Rs 30.25. There could be a buying possibility, I think those levels should hold. With a stop loss little below Rs 20 I would talk of a move towards Rs 43-45. So, yes, there is a trading bounce back one can play for," he said.

"Sun Pharmaceutical Industries I think has bottomed out over the past few weeks where it made a low of somewhere around Rs 500-490 and I think this is a bounce back move which can extend to Rs 600-610 at the least. I think the 200-day moving average is somewhere around Rs 650-660 and that could be the outer side Sun Pharmaceutical can go till. I am not that bullish as of now but Rs 600-610 looks very likely."

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