Sell HCL Technologies, target Rs 810-815: Amit Harchekar

Amit Harchekar of A Plus Analytics told CNBC-TV18, "HCL Technologies is going through a phase of short build up. Every pullback towards Rs 885-900 should be used as a shorting opportunity. Technical target of Rs 810-815 remains intact. We are not seeing any addition of long positions even at current level."

"If you look into the broader sector, CNXIT is still projecting a downside of 8 percent from these levels. So, HCL Tech becomes a good shorting opportunity at this point," he added.

Disclosure: Analyst has recommended the strategies to his clients but has no personal holdings.