Go long in HUL, HCL Tech; HDFC Bank, Wipro look good: Gaba

Prakash Gaba of prakashgaba.com told CNBC-TV18, "I like Hindustan Unilever (HUL). It structurally tells me that there is some strength out here. The stock has taken a good support around Rs 810-815 zones. Very good chance that it can climb to levels of Rs 842. Rs 842 which would be a near-term target but I feel that HUL can climb much higher, I would have a stop loss below Rs 816 and trade long.""The entire IT pack is looking good. I happened to choose HCL Technologies because it gives you a feeling that the stock has given up a breakout sustained above it, it can climb to levels closer to Rs 865 with a first near-term target that have a stop loss below Rs 833, trade long, it certainly looks good to me," he added."HDFC Bank is looking good. When I look at the structure, it tells me I am going up, rearing to go up, maybe the target is around Rs 1,010, stop loss below Rs 978.""Wipro has seen a good upmove yesterday. Possible target on the upside could be in the vicinity of Rs 553, keep stop loss below Rs 534.""Infosys looks okay to me, maybe because technology is up, it is still within the parameters of Rs 1,100. So, as long as that holds, Infosys can climb to levels closer to Rs 1,140.""The stock that looks weakest is Coal India. It looks like it is coming down to level close to around Rs 308 zones. Possible target is Rs 308-305, keep stop loss above Rs 319."