Sell Dalmia Bharat, Eicher Motors: Mitessh Thakkar

Mitessh Thakkar of mitesshthakkar.com told CNBC-TV18, "I would avoid pharma stocks right now. It has fallen and then trying to build base after a consolidation. If Sun Pharmaceutical Industries starts getting below Rs 500-495 support zone then you might want to short it but that will depend upon the Nifty not sustaining higher levels and coming back."

"Ambuja Cements and ACC are rising after a six-seven day kind of fall but Dalmia Bharat is something which I prefer shorting. That is one which is giving signals of a correction. So I think anything close to about Rs 2,630-2,640 should be a selling range, keep a stoploss above Rs 2,700 and we are heading towards Rs 2,520-2,510."

"Eicher Motors is a sell as well, keep a stoploss at Rs 31,150 and look for targets close to about Rs 29,000 to about Rs 29,100," he added.