Buy HCL Technologies with a target of 426: Mitesh Thacker

The first price target on the upside is about 426 and long positions can be taken with a stop below 406.

Mitesh Thacker, Technical Analyst, miteshthacker.com, talks to ET Now on various stocks.

What is your call on HCL Technologies?

I have got a buy on HCL Technologies which has done extremely well but a kind of being gyrating in the range of 415 and 402. For the first time it managed to close above 411 in the last few days. So that is a small breakout. The first price target on the upside is about 426 and long positions can be taken with a stop below 406.
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