Buy Mindtree, Cummins India, Havells India: Gaurav Bissa

Gaurav Bissa of LKP Securities told CNBC-TV18, "First trade would be on Mindtree. After brief period of consolidation, it is coming out of the range. Good amount of long positions are seen getting built today. It has moved up a bit, so any dip towards Rs 488-487 can be bought with a stop loss of Rs 482 and the targets can be around Rs 500."

"Second would be a buy on Cummins India. We have seen that time and again around Rs 900-905 trading longs are getting generated which fizzle out as it approaches Rs 940-945. It has been trading in a range. Since it is at the fag end of the range and the position is still getting built today, there is a possibility of a spike towards Rs 940. One can have a target of Rs 900, be long in the name,"  he said.

"The final recommendation would be a long call on Havells India. Fantastic breakout is seen above Rs 525. 520. Call option commanded the highest concentration for three to four months, maybe five months and it is now trading above these levels. If it closes above Rs 520, there can be a significant breakout that can push it towards Rs 540-545 with relative ease. For trading per se, one can have a stop loss of Rs 514, play for targets of Rs 535," he added.