According to The Times of India, Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan, has issued sell calls for Kalyan Jewellers India Ltd and Interglobe Aviation (IndiGo) for June 9, 2026. The recommendations come with specific price ranges and targets for both stocks.
As reported by The Times of India, Kalyan Jewellers India Ltd is recommended as a sell in the range between ₹354-₹353 with a stop loss at ₹372 and target of ₹330. The stock is retesting a broad range breakdown below the 200-week exponential moving average on the weekly timeframe. On the daily chart, it is forming lower tops and lower bottoms below the 20- and 40-day exponential moving averages, with momentum indicators showing negative crossover indicating weakness.
According to The Times of India, Interglobe Aviation (IndiGo) is recommended as a sell in the range between ₹4,360-₹4,361 with a stop loss at ₹4,600 and target of ₹4,100. On the weekly chart, the stock is facing multiple rejections from the 20- and 40-week exponential moving averages. The daily chart shows a consolidation range breakdown to the downside, below short-term averages, with momentum indicators showing negative crossover signalling weakness.
As reported by The Times of India, Fortis Healthcare is recommended as a buy in the range between ₹989-₹990 with a stop loss at ₹950 and target of ₹1040. The weekly chart shows a breakout above the important resistance level of ₹950, supported by the 20- and 40-week exponential moving averages. On the daily chart, the stock is forming higher tops and higher bottoms above short-term averages, accompanied by strong volume, with momentum indicators showing positive crossover above the zero line indicating strength.
