Every pull back move has been sold into. The correction has been in the outperforming large-cap stocks as well. Key resistance for Nifty is 11400 and until this level is crossed one should not expect any significant pullback move or up move in near term. Traders should look out for stocks which have been outperforming in the recent move. Havells India and HPCL are the two stocks where one can expect 3-5 percent cut from the current level, says Ruchit Jain, Technical Analyst at Angel Broking.