Chandan Taparia of Motilal Oswal Securities said, "First trade is a buy on Havells India. The stock has recently given the breakout from a symmetrical triangle pattern and witnessed the correction from higher levels. So recommending to buy on small declines with a stop loss of Rs 460 for an upside target of Rs 490."

Taparia said, "Second trade is a buy on NTPC. We have seen strong buying interest in the counter with built up of long position. It has given a consolidation breakout with the significant surge in the volume as well as the open interest activity. So, the major trend is positive. Here also I will suggest to buy on a small dip with a stop loss of Rs 171 and expecting this stock to head towards Rs 185."

"Punjab National Bank (PNB) is a sell where we have seen built up of short positions with Call writing at 145 and 150 strike. So, here I am recommending to buy 145 Put with a stop loss of Rs 2 and this Put can go up towards Rs 8 and stock can correct towards Rs 140 kind of levels," he said.

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