Sell Titan Company, Auro Pharma, Axis Bank: CA Rudramurthy

CA Rudramurthy BV of Vachana Investments told CNBC-TV18, "My first sell call is on Titan Company. Yesterday it was definitely very weak and has broken all crucial supports. Now the next long-term support on Titan comes only at levels of Rs 310-315. Even on market profile chart, Titan is definitely looking very weak with value area getting accepted lower. So I will be a seller in Titan futures, looking for targets of around Rs 315, keeping a strict stop loss of Rs 335.""I also have a sell call on Aurobindo Pharma. It is definitely showing signs of exhaustion. The level of Rs 740-750 has been a very strong resistance. I was looking for target of Rs 705 on Aurobindo Pharma. So one can definitely sell pharma. The stock looks weak, Rs 705 is my target with a stop loss of Rs 730," he said."From the banking pack, Axis Bank definitely looks very weak for me. So I am a seller in Axis Bank. I am looking for targets of Rs 410 keeping a strict stop loss of Rs 435 where it is facing stiff resistance and also seeing signs of distribution. Look for target of Rs 410."