Buy PVR, CESC; sell PTC India: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I have two buy calls and one sell call. I have a buy on PVR which is doing very well. It is showing some kind of a breakout. Buy with a stop loss at Rs 1,410, look for a Rs 1,500 kind of a target."

"CESC is another buy call with a stop loss at Rs 1,010. I would buy for targets of around Rs 1,095."

"PTC India appears to have broken down below the support levels of Rs 117-118. So keeping a stop loss at Rs 119 sell this one for target of around Rs 110."

"BPCL, HPCL, and IOC are now looking slightly bearish on the shorter term charts. I would expect another 5-6 percent kind of a trading cut happening for both HPCL and BPCL and maybe IOC slightly lesser given the fact that it is a low beta stock,"he added.