Rajesh Bhosale, Technical Analyst at Angel Broking has recommended trading strategies on Rajesh Bhosale on how to trade in Godrej Industries, Coal India and Hindustan Unilever (HUL). He gave following rationale for technical strategies:

1. Hindalco
View-Bearish
Last Close-Rs. 225.85

''On the daily chart, we are witnessing a bearish reversal pattern breakdown known as 'ROUNDING TOP'. The said breakdown is supported by a bearish gap which can be taken as a breakaway gap. For the last two sessions, we are witnessing a sharp fall in prices with an increase in volume indicating exit of delivery positions by the strong hands. In addition, momentum oscillator i.e. RSI has broken its lower range of 30 which acted as strong support for last one year. Hence, looking at all the above scenario we sense a strong downside in the counter in the near term.  Thus, we recommend selling this stock at current levels for a target of Rs 206 over the next 5-10 sessions. The stop loss should be fixed at Rs 236.''

2. Coal India
View-Bullish
Last Close-Rs. 307

''Stock prices had given a bullish breakout on 20th Feb at around 307 levels with a good increase in volume and bullish candlestick pattern. Post the breakout prices have consolidated near the breakout levels and the breakout trend line is acting as strong support. Momentum oscillator i.e. RSI continues to trade in positive zone supporting the buy call. We witnessed that the stock showed signs of strength even in the falling market and looking at all the above scenario an upside cannot be ruled out.  Thus, we recommend buying this stock at current levels for a target of Rs 337 over the next 5-10 sessions. The stop loss should be fixed at Rs 297.'' 

3.Hindustan Unilever
View-Bearish
Last Close-Rs. 1293.20

''The stock prices after making a lower top at around 1360 have now broken the support levels of 1300 which had acted as strong support for the last three months and by doing so prices have confirmed a lower top lower bottom price formation which resembles a bearish cup and handle pattern. In addition, prices are well below 20DSMA and 50DSMA which indicates near-term weakness in the counter. Moreover, momentum oscillator i.e. RSI is heading southwards well below the 40 mark confirming the bearish trend in the stock prices. Thus, we recommend selling this stock at current levels for a target of Rs 1240 over the next 5-10 sessions. The stop loss should be fixed at Rs 1320.''

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