Buy NBCC, Bajaj Finance, Kaveri Seed Company: Gaurav Bissa

Gaurav Bissa, Derivatives Analyst at LKP Securities told CNBC-TV18, "My first recommendation would be buy on NBCC. We have seen a lot of long positions getting built. It has made a swing high today, so, in all likelihood it can test levels of Rs 217-218. For short term trader one can have a small stop loss of Rs 208 and play for target of Rs 218."

"Second would buy on Bajaj Finance. We have seen consistent long positions getting built. The rollovers have been on the long side, everything is quite positive. One can have a stop loss of Rs 1,412 and play for target of Rs 1,445," he said.

"Final recommendation would be sell on Kaveri Seed Company. Consistent short positions are getting built, the stock is on the verge of a good breakdown. With a stop loss of Rs 635, one can play for Rs 610."