Sell HCL Tech, Page Industries; buy Interglobe, YES Bank: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "I have three sell calls and two buy calls today. One of the sell calls is HCL Technologies. We have been negative on IT for the last few days. HCL Tech appears to be going into some kind of a stronger correction. So I would sell this now with a stop loss at Rs 846 for target of Rs 808."

"Page Industries is the next sell call. It has broken key support level, so sell with a stop loss just above Rs 14,400 levels, look for a decline to about Rs 13,450 levels on the downside. I have a sell on United Breweries, a good breakdown here, a nice sell with a stop loss at Rs 762, look for a first target of around Rs 705," he said.

"The buy call is on Interglobe Aviation. It has some kind of continuation signals on the charts. I would buy this one with a stop loss below Rs 1,054 for target of Rs 1,150. The second buy is on YES Bank and it is a slightly overbought stock but typically stocks which break into new highs with this kind of intensity do see some kind of a follow up. So, I will take a very tight stop loss at Rs 1,583 and look for a first target of Rs 1,640," he added.