Buy BPCL, sell JSE Energy: Meghana Malkan

Meghana V Malkan of malkansview.com told CNBC-TV18, "I would like to go short on JSW Energy. There is a break of trendline. It has had multiple resistance, momentum is also at resistance. Hence a sell call with a stoploss of Rs 115 for a lower target of Rs 105.”

She further added, “Bharat Petroleum Corporation (BPCL) seems to be a stock which is holding on in today’s trading session. Overall momentum is good on the higher time frame charts, so I believe a dip in this stock is a buying opportunity. Hence a buy call on BPCL with a stoploss of Rs 790 for a higher target of Rs 830.”