Check out: Trading picks from market experts

In an interview to CNBC-TV18, Sudarshan Sukhani of s2analytics.com, SP Tulsian of sptulsian.com and Vishal Kshatriya, Edelweiss give top pick for the day.

Sudarshan Sukhani of s2analytics.com
I would suggest selling and going short in Titan today. It is in a downtrend for the last 10 days. It was in a small up move and that up move was a bearish flag. That flag seems to be now getting ready to breakdown. In the last three-four days Titan has seen very choppy action, which something that in technical we would call long shadows. These are signs that the thrust towards the up move gets sold into immediately. So Titan already in a downtrend and now promising to complete its small corrective up move is a short selling idea.
Yesterday the banks bore the brunt of selling, not just the bank Nifty, almost all components of the Bank Nifty. Infact even those not in the index have seen tremendous selling. It now appears that the four day rally in the banks is now complete. Banks were earlier moving down faster than the Nifty and that momentum is likely to begin again. Probably has begun today. So we are looking to go and sell BOB. It has completed a four day rally and saw a big down day yesterday. Expect some follow-through on the downside today and look to go short in BOB. Banks can be treacherous because markets can go choppy so follow your stop losses. SP Tulsian, sptulsian.com
Pharmaceutical stocks seem to be the flavour of the market and many mid and large size pharma stocks are ruling at new high. In this scenario Glenmark Pharma which is now ruling at Rs 475 looks a good stock to buy may be with one month perspective with a price target of Rs 510 because the stock has corrected because Mark Indian unit has dragged the company to Delhi high court for infringement of their patent of their diabetes drug. However, the near term negative of that seems to have factored in the price and nothing negative can be expected from Delhi High Court in the near term and stock can see renewed buying at the lower level as well as the short covering and this stock can move to Rs 510 in a months time. Vishal Kshatriya, Edelweiss Bank of Baroda (BOB) has seen aggressive short built-up which is indicated by open interest data. Technical indicators have also given a sell signal. Traders can initiate short on April Futures in the range of Rs 675-680 with a target price of Rs 640 and a stop loss at Rs 700. Rural Electrification Corporation (REC) has broken down its important support level with good volumes. They have also seen aggressive short built-up in last two-three trading sessions. I expect stock to trade with a negative bias and hence recommend going short on April Futures in a range of Rs 208-210 with a target of Rs 195 and stop loss above Rs 218.