Buy Hexaware, IDBI Bank; sell Indiabulls Housing: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "More bias is on the buy side, I have two IT names on the buy list. First one is Hexaware Technologies wherein we did see a good break out as well as some kind of positive cross indicators. So gap down would be a good time to buy. So, buy around Rs 206, keep a stop at Rs 201.50, look for targets of Rs 218.""The other IT name which I have is Tech Mahindra. I would want to see the stock get past 200-day moving average (DMA), so it is a conditional buy. Buy above Rs 475, keep a stop at Rs 468, look for targets of Rs 490," he said."The other buy name is IDBI Bank where we have a very strong candlestick pattern. So, that is a buy with a stop loss at Rs 70.50, look for targets of Rs 75.""Couple of sell names, Indiabulls Housing Finance is a sell with a stop loss at Rs 720, I would look for targets of Rs 665. United Breweries is a sell as well with a stop loss at Rs 856 for target of Rs 810."