Expect Jubilant Food to head towards Rs 1,355-1,360: Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "HCL Technologies has been a buy recommendation for last two days. Getting past Rs 805 was the condition which we have suggested yesterday. It should provide more momentum and I think there could be a big gap up opening. To my understanding, Rs 845-850 could be the next logical target though the pre-open rates initially are showing much higher rates, around Rs 845-850 is an important weekly supply points. So around those levels, I would be keen to take profits or anything above that, I would be keen to take profits.""Jubilant Foodworks is showing a good overall pattern. The level of Rs 1,300 was the target which we are looking for the stock to do. It has done that yesterday but eventually I do expect this stock to head towards Rs 1,355-1,360. May be some supply might come in at Rs 1,300 and if the Nifty reverses from lower end then this would be definitely a stock to watch," he said.