Sell Vedanta, Adani Enterprises, Bharat Forge: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com told CNBC-TV18, "We have a sell call on Vedanta, the stock was making lower tops and lower bottoms from the level of Rs 120 but it has started taking support near to Rs 62-63 for last 19-20 trading sessions. Today it broke that support, so possibly we may see further downside in Vedanta. It can test Rs 54 soon, so one can go short with the stop loss of Rs 63." "Second stocks is a sell on Adani Enterprises where the stock is making lower tops lower bottom from the level of Rs 92 and today it broke the support of Rs 65 with higher volumes. So, possibly we may see further downside in Adani Enterprises. It can test Rs 58, so one can short with a stop loss of Rs 65," he added."One can sell Bharat Forge where the stock is making lower tops and lower bottoms from the level of Rs 1,275. It is trading below its 50-day moving average. Today it broke the support of Rs 750. So, we may see further downside in it and can test Rs 675. So one can go short with a stop loss of Rs 750."