Sell SKS Microfinance, Wockhardt; buy Voltas: Manish Sharma

Manish Sharma of derivativetrading-research.com told CNBC-TV18, "My first call will be a sell on SKS Microfinance. We are seeing some huge amount of long unwinding happening in this counter. Traders are taking profit off the table, a lot of long positions are still intact and we are expecting some more fall in this counter purely because of profit booking. So one can definitely go short in this for a target price of around Rs 490 and fix a stop loss at Rs 525.""My second call will be a sell on Wockhardt. The stock is trending in a strong long unwinding mode. It has already run up 26 percent up in March series and as we are nearer to expiry, traders look to unwind the long positions purely from a perspective of profit booking. So one can look out for some more technical correction in this counter. One can go short in this for a target price of around Rs 880 and fix a stop loss at Rs 930," he said."My last call will be a buy call on Voltas. The stock has given a technical breakout above Rs 266 with multiple support zone around Rs 265-266 zone. We have witnessed some huge amount of long build up in today's trading session. The stock is trading in a very good momentum, one can definitely look out for short-term target of around Rs 275 to Rs 280 and fix a stop loss at Rs 263."