Go long in Infosys; sell HDFC Bank, LIC Housing, HUL: Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I have only one long trade and that is on Infosys and possibly the gap down could be a buying point around Rs 985-987. I would like to explore long positions with a stop loss at Rs 974 and look for targets of Rs 1,010-1,015 to begin with." "The other four are sell calls; the first one being a sell on Century Textiles and Industries which I would sell with a stop loss at Rs 780 for targets of Rs 715. HDFC Bank which has broken the 200-day average could be a sell as well if it breaks Rs 1,170 which might happen in the opening gap and then you can sell it with a stop loss at Rs 1,186 for target of Rs 1,130," he said."The other two sells are LIC Housing Finance with a stop loss at Rs 561.25 and I would look for targets of Rs 520. I would suggest selling in Hindustan Unilever with a stop loss at Rs 833.50 for targets of Rs 800."